The growth in LNG production will depend on the availability of capital for construction of gasification export facilities and associated infrastructure alongside Asia’s rate of economic development and change towards a world of less carbon to combat global warming.
The Grimaldi Group’s main focus is provision of maritime transport services including rolling cargo and containers between Northern Europe, the Mediterranean, the Baltic Sea, West Africa and Americas. It also offers passenger services within the Mediterranean and the Baltic Sea.
The global market for marine dynamic positioning technology is expected to increase from $1,594 million in 2015 to 2,127 million by 2022, according to Allied Market Research “Marine Dynamic Positioning System Market” report.
An increasing number of ships are using water jets instead of propellers for moving vessels through water.
As for the future in the many trades that Southampton deals with including deep sea containerships and cruise liners, the vessels are getting bigger as vessel operators seeks to meet increasing demand and cut unit costs. Because of this port operators such as Southampton have to continue to develop and expand port capacity infrastructure to handle such mega vessels.