Taiwan’s Kaohsiung port, the world’s eighth largest, expects its cargo volume to be flat or up slightly next year, as closer ties with China help to offset effects from the global slowdown.
A series of port expansion plans worth billions of dollars in coming years will also steadily boost the port’s cargo handling volumes to about 13 million twenty-foot equivalent units in 2013.
The port, in Taiwan’s south, is expected to handle at least 10 million TEUs next year, versus 9.5 million to 10 million this year.
Both totals would represent a small drop from last year’s 10.25 million.
In November, Chen Yunlin, the mainland’s top Taiwan negotiator, saigned a deal that allowed direct sea cargo routes between 11 Taiwan ports and 63 China destinations, cutting costly detours.
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