Deepwater Access Needed: New Mega-Ships Drive Port Demand

The shipping industry faces a growing need for new deepwater access. This is because many new, very large ships are on the way. These new vessels range from 18,000 to 24,000 TEUs. They are expected to launch over the next three years. This trend is driving the search for new deepwater terminals. These terminals are needed both on current big-ship routes and in new locations. The bottom line is that bigger ships require bigger ports to handle them.