Moreover, cargo trade is growing faster, with volume rising about 20percentt a year.
United States cargo trade has doubled in the last 10 years and is expected to do so again in the next decade.
That in turn will enable the port to capture some Asian cargo trade from West Coast ports, he said.
The volume of cargo traded through the world's biggest container ports has increased nearly sixfold in the past 20 years as globalisation has taken hold.
On the west, Dublin, with extensive quays on the River Liffey, handles much of the cargo trade of the Republic of Ireland.
The Weser ports (Bremen and Bremerhaven) also handle a significant amount of total tonnage and containers; Bremen has an important general cargo trade.
Turkey is the largest trade partner with Iraqi Kurdistan, and the road border is used for much of the cargo trade.
Since the intra-regional pipeline connection is largely non-existent in East Asia, it is the LNG spot cargo trading that is likely to become the basis for the regional gas futures market.
At the same time, the Teamsters have been lobbying against the administration's effort to grant China permanent normal trade relations or entry into the World Trade Organization, which would actually spur U.S.-China cargo trade.
As the film explores, the rise in piracy is down to the combination of a "failed" but heavily armed state, the area's strategic importance (shipping routes pass the Somalia coast en route to the Suez Canal) and an international cargo trade willing to negotiate.
It was built for Captain John Coppack in 1900 in Connah's Quay in Flintshire, for cargo trading around the Irish Sea.
