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Emerging markets key to trade success: analysts

January 20, 2012 - 23:59 GMT Location: Tampa, Fla.

KEYWORDS: ports , shipping , trade , AAPA , copper , iron ore

Emerging markets will continue to lead growth in the global shipping and trade sector in the near future, with countries like China and India soon outpacing the USA and Europe.

"The emerging markets never went negative during the nightmare (of 2008). The top line was growth in the emerging economies, not only economically but also in trade," Robert West, principal strategist for the ports, coastal and maritime sector at WorleyParsons Group Inc., said. "The U.S. is seeing signs of health, but they’re coming from a sickbed. Globalization will continue to grow, but at more modest rates."

West said it is unlikely that...

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