Ports Need More Capital As Their Bulk Cargo Base Shrinks

AI Summary

Ports face a pressing need for increased capital investment due to shrinking bulk cargo bases and evolving infrastructure demands. Larger ships and climate disruption require deeper channels, bigger cranes, and more capable tug fleets, leading to long-term infrastructure challenges.

Ports are being asked to make infrastructure decisions that will last thirty, forty or fifty years while several of the assumptions that paid for their existing infrastructure are changing at the same time. Ships are getting larger, requiring deeper channels, larger cranes and more capable tug fleets. Climate disruption is ... [continued] The post Ports Need More Capital As Their Bulk Cargo Base Shrinks appeared first on CleanTechnica.