Maritime Trade and Transport - HWWI

For the container trade volume of 114 mn TEU registered in 2005, companies and/or consumers
worldwide would have to bear maximum additional costs of $34-57 bn. Not taken into
account in this figure were other factors, such as reloading onto smaller feeder ships, so that they
in turn can call on substitute ports, or the explosion in security costs following September 11,
2001 (see point 3).
Solutions to the most urgent problems are not likely to be found soon, however. After all,
by the year 2008, among other things, approximately 140 container ships of the so-called “super
post panamax” class, with a capacity of more than 7,500 TEU slots each, will be put into operation.
It will not be possible to create the port capacities they will require in time. In view of
the de facto emergency situation, everyone involved realizes by now that there is an urgent
need for action, even at this late date.
Cost factor port bottlenecks
Intermediate
warehousing
Fig. 1
Costs for longer
transports
Overload
surcharges
Source: Berenberg Bank.
74 Berenberg Bank · HWWI: Strategy 2030 · No. 4