Page 42: of Maritime Reporter Magazine (May 2011)

42 Maritime Reporter & Engineering News

FEATURE JAPAN IN CRISIS

This year, APL expects to carry 150,000 FEU of exports and 180,000 FEU of imports, but the fig- ures will change as safety fears see the country im- porting greater amounts of fresh produce, and rebuilding will generate greater import volume of construction material. “Exports may trend down slightly, and imports might trend up. But the Japanese are remarkably re- silient people and I would not underestimate their ability to rebound in fairly short order,” Glenn said.

A spokesman for Mitsui OSK Lines said the con- tamination threat would have a certain influence on trade, but the line pledged to minimise the impact on its customers. “Exports may trend down slightly, and imports might trend up. But the

Japanese are remarkably resilient people and I would not underestimate their ability to rebound in fairly short order”

Ken Glenn

APL North Asia President

Maren Maersk loads cargo at Yokohama port in Japan.