An impressive group of 120 international speakers and attendees gathered at the Marmara Taksim, downtown Istanbul, for the 2nd Annual Port Expansion Summit on the 14th and 15th March 2013.
The audience came to learn about port projects -both expansion and green field- in the regions Turkey, the Black Sea and the South-East Mediterranean.
It is undeniable that ports in the region have undergone massive growth in recent years, and are still expected to continue expansion stimulated by a variety of government initiatives, BOT and private investments. Majority of the sessions during the 2-day conference confirmed the wave of expansion that is taking place in the regional port sector, with the challenging question whether container volumes will come to counter overcapacity and maintain healthy competition levels.