Policy Brief for the Blue Economy : Sustainable Shipping and Ports

Author(s): 
PEMSEA
Year: 
2018
Location: 
PR China, Indonesia, Philippines, Viet Nam, Thailand
Type of Resource: 
Others
The East Asian Seas serve as a conduit of 90% of the world’s trade through shipping. The demand for container shipment is expected to triple in the next 25 years, from about 100 million TEUs at present to around 350 million TEUs by 2040. The top five busiest seaports in the world are in East Asia: Shanghai, Singapore, Hong Kong, Shenzhen and Busan. Considering the forecast huge market and increasing trade, East Asia as a whole is planning to invest in improving maritime transport and related port services. Will these projected increases in shipping and port activities in the region reflect the win-win potential of growing while protecting critical ecosystem services and local communities?