Posts
CONTAINER traffic remains important to the German Port of Hamburg, says its CEO Walter Schulze-Freyburg, in spite of box volume growth slowing to single digit percentages.
Mr Schultze-Freyburg was cited as saying that he hoped the end of the Port's seven straight years of double-digit growth did not mean the port was now about to experience seven lean years, reports outsourced-logistics.com.
The port had benefited in recent years from the fall of the Iron Curtain and Poland's entry to the European Union, as the removal of the Customs border between Germany and Poland had enabled goods to flow more easily between the two traditional trading partners and further east into Russia, the Ukraine and other states within the former eastern Bloc, which had been undergoing rapid economic development until the global financial crisis hit, the report noted.
Mr Schultze-Freyburg was cited as saying that he hoped the end of the Port's seven straight years of double-digit growth did not mean the port was now about to experience seven lean years, reports outsourced-logistics.com.
The port had benefited in recent years from the fall of the Iron Curtain and Poland's entry to the European Union, as the removal of the Customs border between Germany and Poland had enabled goods to flow more easily between the two traditional trading partners and further east into Russia, the Ukraine and other states within the former eastern Bloc, which had been undergoing rapid economic development until the global financial crisis hit, the report noted.
No comments:
Post a Comment