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2007 May 4   10:58

German seaports to grow 4.6% per year by 2025

Cargo handling at German seaports are to grow 4.6% per year by 2025, forecasts a study by Planco Consulting of Essen. Hamburg and Bremerhaven will grow faster than average, logisticturku reports according to RZD-Partner .

The forecast growth requires investments to increase capacity accordingly. In total investments of EUR 12.5bn (US$ 16.89bn) are planned in the medium term. Container handling will grow by 6% per year on average, and the share of container handling in all cargo handling will increase from 35% in 2004 to 59% in 2025.

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