Ports play a critical role in the development of many countries. They represent a country’s national heritage, culture, and local commercial attitudes. Simply put, ports are the gate ways for trade. Unfortunately, despite the rapid globalization and modernization, most ports are not as efficient as they should be and are becoming barriers to international trade.
If you are a keen follower of emerging trends, you will note that most ports are plagued with problems like clearance delays, inadequate investments, captivity issues, increased freight rates, lack of effective strategies, and inappropriate international mandates.
What is causing all these challenges? Here are factors affecting ports operations and what your country can do for them.