APM Terminal in Pipavav, India
Emerging markets offer the best opportunities for trade and investment by the container industry in this year’s slow-growth environment, according to Richard Mitchell, chief commercial officer of APM Terminals.
Speaking at Monday’s opening session of Containerisation International’s Annual Global Liner Conference in London, Mitchell said emerging markets offer higher growth opportunities than developed markets in 2010 since their decline in 2009 was not as severe – “and they’re expected to recover faster.” … APM Terminals, which operates a global terminal network of 50 ports in 34 countries, generated 37 percent of its 2009 revenue in emerging markets in Asia, India, Africa and Brazil.