| In order to consider a transshipment container terminal at Naha Port as
a viable option, it must produce economic benefits in terms of container
logistics. China's economic growth is directly linked to the massive traffic
of container cargos in the East Asian region, and it is only expected to
increase in the future.Targeting this ever-increasing cargo traffic, Naha
Port will have to promote itself as a transshipment port and encourage
existing direct routes from Chinese coastal ports to North America and
Europe to transit through Naha. This way, shipping companies can minimize
the number of days in operation per route of expensive mother ships on
U.S. and Europe routes, and even reduce the number of such ships in operation.
We believe that the cost of transshipment through Naha Port is highly competitive
compared with direct transport methods, even after taking account the effect
of feeder transport by small vessels.Our current volume of 73,000TEU is
expected to increase up to approximately 600,000TEU by thelate 2010s, including
over 400,000TEU of transshipment. |
