Port of call
Taiwan’s southern port of Kaohsiung duked it out with the world’s biggest container kings back in the 1990s but it simply hasn’t kept pace as seaports in China and South Korea have boomed. An injection of interest from Dubai’s government-owned DP World could be the refresh that Kaohsiung needs as the operator plans to make its seventh terminal accessible to ultra-large container ships. Taiwan stands to gain – with an update aiming to make the old port a global hub again by 2040 – and DP World also needs the new business: its home port Jebel Ali has seen traffic decline year-on-year and the operator has levied that with an aggressive roll-out to 11 facilities across Asia Pacific, a long-game route to rule the region’s waves.