Keith McSwain, VP Client Relations recently spoke to World Port Development about some of the current trends in the shipping industry and how ports can best compete:
American author Mark Twain once said: “To stand still is to fall behind.” Even today his wise words ring true and are pertinent to ports around the globe. In an ever-changing arena, ports and terminals must ask themselves key strategic questions in order to remain relevant. Chiefly – is bigger better? In an effort to stay competitive should terminals cater to mega container ships or offer more diverse services, like managing mixed cargo?