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Ports reassess priorities

Gone are the days of assured global throughput growth. Ports are now focused on supply chain resilience

As with every business sector, ports have had to have a rethink about their post-Covid future. After decades of sustained throughput growth on the back of globalisation, some of the biggest port names are suddenly anxious about the growing talk of a less mobile society and the reshoring of industry nearer to home soil, let alone the prospect of the worst recession since the Great Depression.

In a recent policy brief, the United Nations Conference on Trade and Development (UNCTAD) highlighted...

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