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February 2, 2011

BMI Predicts Trade Growth for Nagoya Port

Information services company Business Monitor International (BMI) said throughput at Nagoya, Japan's largest port in terms of tonnage, will reach its predicted figures for 2010. The port's tonnage will reach 247.2 million tons in 2015, an increase of 21.8% from the projected 2011 handl

By cms admin

Information services company Business Monitor International (BMI) said throughput at Nagoya, Japan’s largest port in terms of tonnage, will reach its predicted figures for 2010.

The port’s tonnage will reach 247.2 million tons in 2015, an increase of 21.8% from the projected 2011 handling figure.

The company said Nagoya’s container volumes for the same period will increase by 29.3% to reach 3.518 million teu in 2015.

BMI said the forecast could decrease if demand weakens in the first quarter of 2011, or if emerging markets boosted port throughput to meet domestic demand.

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