Shanghai International Shipping Institute (SISI) recently released the Global Port Development Report 2014Q2, which shows that due to the lower trade demand by emerging market countries represented by Asia in 2014Q2, global ports suffered weak performance in general and came to a “slow lane” of growth. In this quarter, developed economies including Europe and the US have maintained a steady recovery thanks to industrial rejuvenation and policy incentives, while emerging economies are facing challenges such as the lack of long-term growing momentum. This brings down the growth rate of international trade and slows down the expansion of global ports, whose growth decline may continue in Q3.

View report by SISI (PDF)

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