In light of a sluggish shipping market and an average growth rate of around 4 per cent seen by the world’s top 10 ports in 2015, BPA’s ambition for 2016 is challenging. However, the port is confident of achieving this growth by strengthening its customer service activities; subsidising the cost of inter-terminal transportation of transshipment cargo; and establishing an empty cargo storage area in the New Port. In addition, BPA will hasten its integration plans at North Port to deliver a single unified terminal operator which will also become a shareholder. Additional terminal construction at New Port will be accelerated to meet current cargo demand and to ease congestion at peak times.
In 2016, more focus will also be directed at the development of the Distripark to attract more multi-national logistics companies as tenants. This will also result in heightened cargo throughout and create additional employment.