Marine terminal engineer Larry Nye has drawn up plans for container facilities around the world, but when it comes to choosing his preference for a US location, he doesn’t have to leave home. “Los Angeles-Long Beach is such a sure bet in terms of long-term demand,” he said. However, this sure bet of 15 million 20-foot-equivalent units a year becomes risky when investors look closer and discover there are 13 container terminals competing for that volume, compared with, say, Shanghai, where six terminals vie for 32 million TEUs.
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