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20 November 2008 The on-line newspaper devoted to the world of transports 10:12 GMT+1



August 3, 2004

Asia told to up security, investment as shipping trade grows sharply


AFP, Kuala Lumpur

Asia's shipping trade is expected to grow sharply led by China and India, but the region must enhance security and invest some 27 billion dollars to build over 430 new container berths by 2011 to meet rising demand, shippers and analysts said Monday.

China's booming economy and its emergence as the world's second top container market will boost intra-regional trade, rather than threaten the growth of other Asian ports, they said at a two-day maritime conference here ......
Read more on The Daily Star





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