Asian trade is booming

A shipping expert says Asian trade volumes have surged this year thanks to China; so much so there is a shortage of shipping containers.

SS Teo is is the CEO of Singamas and president of PIL Transportation. The former's principal business is manufacturing shipping containers in China and the latter's is shipping. As such, Teo - who is a Singaporean - has a savvy handle on Asian trade flows. In this interview he notes that Asian trade is a lot more robust than many think and says among other things that the region experienced a shortage of containers this year, the first time this has happened since 1995-96.

Has your container business been affected by the slowdown in the US

Singamas is involved in container manufacturing, depot and terminal management, and midstreaming in Hong Kong. Normally...

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