Global Bulk Terminals Market: Key Highlights
Global Bulk Terminals Market: Key Market Dynamics
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Global Bulk Terminals Market: Regional Overview
Asia-Pacific is expected to dominate the global bulk terminals market, followed by Europe and North America. China, Australia, and India are the leading countries in the Asia-Pacific bulk terminals market. The bulk terminals market is highly dependent on global trade of bulk commodities and regional trade policies and Asia-Pacific trade policies are very conducive to the growth of the global bulk terminals market. Moreover, Increasing population, increasing regional GDP, and increasing trade agreements between other countries is boosting the Asia-Pacific bulk terminals market.
Global Bulk Terminals Market: Key Players Overview
Ports America is one of the largest terminal operator and stevedore in the US. The Company offers roll-on and roll-off cargo services for vehicles, construction and agricultural machinery, aviation and transportation equipment, boats and yachts, military equipment, trailers, and other static cargo. Ports America has more than 90 years of experience through predecessor companies. In November 2019, Ports America Chesapeake (PAC) has installed a new Navis N4 system used for cargo handling at terminals. The company has invested around USD 142 million in equipment and infrastructure.
Thessaloniki Port Authority S.A. provides services such as loading and unloading cargo, warehousing, and offers electricity, water, and other services. The company's stock is listed in the Athens Stock Exchange since August 27th 2001. Thessaloniki Port Authority S.A. is certified as per the standard ISO 9001:2008 for the Management of Solid Bulk Cargoes except for cereals. For the servicing of passenger ships and cruise ships, it is certified as per 9001:2008. for Heavers Work and Mooring Services as per the Hellenic Body for Standardization ΕΛΟΤ 1429:2008. In July 2020, Thessaloniki Port Authority S.A. has signed an agreement with China Merchants Port Holdings Co. Ltd. and its subsidiaries China Merchants Holdings (International) Information Technology Co., Ltd. This collaboration with CMPort is expected to create an opportunity for both the companies to have a win-win cooperation, resulting to both European and Chinese markets opening.
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