[080618.EN.BIZ] Turkish Ports Grew 18 Percent in The First Quarter of 2018 on TEU Basis

Turkish ports, which closed the year 2017 by exceeding 10 million TEU in container transportation, managed to grow by 18% by handling approximately 2.5 million TEU containers in the first quarter of 2018.

Port capacities, the Turkish port industry that has developed with investments realized in the last 5 years, has continued to grow in world maritime trade. Turkish ports, which closed the year 2017 by exceeding 10 million TEU (container unit used for container transportation) in container transportation, managed to grow by 18% by handling approximately 2.5 million TEU containers in the first quarter of 2018. indicating that the expected container transport between 3 percent and 2.5 percent growth expected in the world Port Operators Association of Turkey (TÜRKLİM) Chairman Ibrahim Progeny, in particular, said that major improvements in freight transit saved.

"In recent years, domestic and foreign investors have made large-scale investments in the ports, which has revealed the potential of the Turkish port industry, and significant investments are still continuing from potential investors."

"We only use half of the potential"

Referring to the potential business volumes of the ports, "The last 5-6 years the harbor of our lack of capacity of he said the biggest obstacle to the growth of Turkey's economy. Today has increased the capacity of our ports with the investments made. So much so that it has become today works only 48 percent level of total capacity. 

Referring in particular to look at the container port in how much a large compared with 8.6 million TEU of containerized vessels handled in 2016 compared to the past years, we have closed the year with a record level of 10.2 million TEUs in 2017. We have used expressions that can not be caught in many parts of the world.

When the Turkish port sector in terms of evaluating the first quarter of 2018 compared with the world Progeny Ibrahim Turkey, adding that the world was about 6 fold. "When we look at the first quarter of the year 2018, we can say that there is a very serious growth rate of 18% compared to 2017. In global terms, this expectation is 2.5 to 3. TURKLUM member container ports are 2,414 in the first quarter of 2018. We see that 843 TEUs have been handled, and we anticipate that double-digit figures will arrive at the end of the year, just like the year we passed this amount. ".

Source : SN-TR, 08.06.18.