Ports are the conduits through which international trade flows, be it through the air or on the ocean. They typically are composed of numerous terminals operated by public or private port authorities and operators. Among the biggest issues they face today, especially as ocean vessels reach record proportions, is dredging of harbors to ensure adequate depth.
News & Analysis
Call it the “mega” age. The 13,000-TEU-plus vessels that have spawned the formation and expansion of alliances such as the P3, G6 and, most recently, Evergreen’s joining the CKYH are the latest examples of a container shipping industry taking dramatic measures to control its fate.