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September 22nd, 2017
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In which ways the changing organizational routines of shipping (i.e., alliance formation and vertical integration in container terminal operations) are affecting the selection of ports of call in intercontinental liner service networks? The latest port study by PortEconomics members Theo Notteboom, Francesco Parola, Giovanni Satta and Thanos Pallis analyses the relationship between port choice and terminal involvement of alliance members in container shipping. The study examines the relationship between port choice of alliance...
August 28th, 2017
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PortEconomics celebrates the publication of PortReport No 2 - the second of the PortEconomics Discussion Reports series - with a study by PortEconomics member Ricardo Sanchez discussing the evolution of the Caribbean container port market over the last two decades. The Caribbean, also known as the Mar de las Antillas, is an area of 2.7 million km². It is easy to see the importance of its size by comparing it with other similar seas such as the Mediterranean (2.5 million km²), the North Sea (650 thousand km²), or the Baltic (420...
August 21st, 2017
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Clustering provides significant added value to companies belonging to it, well verified in practice and in literature. Informally, at least, shipping clusters exist in many cities (i.e. Singapore), some developed around a port with obscure boundaries. Such a case is the Piraeus in Greece, relying heavily on the Greek shipping companies, principal merchant fleet owners globally in terms of tonnage, located in the area in and around Piraeus. Despite the volume and importance of the shipping companies, the presence, though, of a shipping...
August 1st, 2017
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The rapid growth of the cruise industry since the beginning of the ‘90 has stimulated the ongoing debate on its positive and negative impacts at economic, social and environmental level. Under multiple stakeholder pressure, leading international cruise companies have re-shape their communication strategies by fostering their Corporate Social Responsibility (CSR) attitude to successfully manage stakeholders and support their corporate strategies. Grounding on stakeholder theory and legitimacy theory, the paper addresses cruise lines’ CSR...
July 31st, 2017
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Celebrating 25 years since the establishment of the Association, the International Association of Maritime Economists (IAME) Annual Conference organised a special opening session to discuss the future of maritime and port economics. PortEconomics co-director Thanos Pallis presented a call for a more measured pace port studies development and dissemination. PortEconomics invites its readers to follow the link in order to download the call – and, not least, to apply the concept: Pallis A.A. (2017): Slow port studies. IAME 2017, Kyoto,...
July 31st, 2017
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By Theo Notteboom Total container throughput in the EU increased by 13.9% between pre-crisis year 2007 and 2016. Rotterdam is the largest container port in Europe (12.38 million TEU in 2016) followed by Antwerp (10.04 million TEU) and Hamburg (8.91 million TEU). When grouping seaports together in multiple-port regions we get a better picture of the container port handling hotspots in Europe. Observation 1 - The Rhine-Scheldt Delta is, more than ever, the stronghold of the Hamburg-Le Havre range With 24 million TEU handled in 2016,...
May 25th, 2017
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The 2030 Agenda for Sustainable Development (ASD), the Sustainable Development Goals (SDGs) and the Paris Climate Agreement have emphasized the need for all economic sectors, including maritime transport to monitor and measure performance and track progress towards the achievement of relevant economic, social and environmental targets. Indicators measuring the performance of the maritime transport sector with multidimensional metrics spanning a range of factors (e.g. efficiency, cost-effectiveness, productivity, profitability,...
May 22nd, 2017
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With shipping accounting for approximately 20% of global discharges of wastes and residues at sea, reducing discharges of all kind of ship-generated waste and cargo residues into the sea is closely linked with the protection of the marine environment. Ports have a key role to play in order to achieve this goal. The development of adequate port reception facilities (PRF), together with the establishment of systems that provide incentives for ships to use these facilities, are major elements aiming in a process to reduce ships' discharges into...
May 14th, 2017
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By Thanos Pallis In 2016, cruise ports in the Med hosted efficiently and effectively over 13.000 cruise calls with the average number of pax/call exceeding for a second time in history 2.000 pax. At the turn of the century this average was standing at just 848 pax/call. In 2016, the total number of cruise passenger visits at cruise ports in the Med and its adjoining seas exceeded 27 million passenger movements. Comparing to the previous year, this number is 1,1% lower. Yet, the long-term trends make evident that cruise activities in the...
May 11th, 2017
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By Peter de Langen "Last month, Port of Amsterdam took a bold move for a landlord port authority: it announced its ambition to end handling coal by 2030, writes Peter de Langen. At almost 20m tonnes, coal still accounted for 25% of Amsterdam’s total throughput of around 80 million tonnes in 2014. It also accounted for a substantial part of the revenues of the port authority.  Clearly, the throughput of coal is declining due to a shift away from coal-fired power plants, and the coal-hungry steel industry is stagnating in North-West...
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