The 283,000 TEU
handled in Hamburg on container services with the US since the beginning of the year took the United States into second place among Hamburg's most important partners for container services.
The report added that the first half of 2019 is expected to hit 10.6 million TEU
, which would mark a 3% annual gain.
The geographies registered 7.2 per cent fall in container volumes to 2.08 million TEU
. Asia pacific and Indian sub-continent container volumes rose 3.5 per cent to be at 8.31 million TEU
LCT actually handles nearly 890,000 TEU
yearly, that is about 75% of containers that transit via the PAL.
In 2017, gross global capacity was at 88 million TEU
and is expected to grow to over 100 million TEU
of gross capacity by 2020, subject to market demand.
(NYSE: GSL) has agreed to acquire a 2005-built, 2,800 TEU
containership for a purchase price of USD 11.3m to expand its fleet to 19 vessels with a total capacity of 85,112 TEU
, the company said.
The company expects to boost gross global capacity to 86 million TEU
by the end of 2016, an increase of nearly 15 million TEU
since 2012, and over 100 million TEU
of gross capacity by 2020.
It took 30 years for the average container ship size to reach 1,500 TEU
but just one decade to double from 1,500 to 3,000 TEU
Commenting on the growth statistics, Sultan Ahmed Bin Sulayem, DP World's chairman, said: "Our flagship Jebel Ali Port continues to respond to market demand, and we are on track to deliver an additional two-million TEU
of capacity in Terminal 3 in the second half of 2015.
The UAE delivered an impressive performance handling 15.2 million TEU
, representing growth of 11.8% for the year.
The UAE delivered another strong performance handling 11.4 million TEU
, representing growth of 12.6 per cent year-on-year.