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January 9th, 2017
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By Thomas Vitsounis We are living in difficult times and if another shipping line goes bankrupt in a few months’ time, people can’t escape from that. Also, with consolidation happening more and more, these dangers and risk profiles will be increased for terminal operators. However, once a port realises a crisis could be coming up, it’s a case of being well prepared to micro-manage the effects of the crisis and make the right decisions. Here, technology is coming into play. With more information in hand and more sophisticated...
January 3rd, 2017
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By Thomas Vitsounis The ports sector traditionally isn’t keen on being ‘disrupted’, and the relatively slow development of mobile apps seems to reflect that conservatism. But this year has seen a flurry of announcements of new apps – and that is significant. When it comes to the shipping industry and other parts of the supply chain, I can see some obvious trends, winners and start-ups in the area of apps. In general terms, the use of apps will change the industry and everyone knows that. When it comes to ports themselves,...
December 30th, 2016
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PortEconomics is celebrating the ending of 2016 recapping the articles that have captured the interest of the visitors of our web initiative so far for 2016. Our most popular papers on Port Authorities in 2016 were: 1. Marketing strategies of port authorities PortEconomics members Francesco Parola and Thanos Pallis along with Marcello Risitano & Marco Ferretti (University of Naples “Parthenope”), advance an innovative conceptualization of the marketing strategies developed by Port Authorities (PAs). The scholars frame a...
December 29th, 2016
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PortEconomics is celebrating the ending of 2016 recapping the articles that have captured the interest of the visitors of our web initiative so far for 2016. Our most popular papers on Cruise ports in 2016 were: 1. Mediterranean cruise ports: traffic growth continues A 5,62% increase of passenger movements comparing to 2014 was registered in Mediterranean cruise ports in 2015. The variation of cruise passenger movements in the second biggest cruise region of the world is positive when one relates the numbers with the one that had taken...
December 25th, 2016
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PortEconomics waves goodbye to 2016, with its co-director Theo Notteboom, summarising the nine 'take aways' of the year for European Ports By Theo Notteboom Take away 1.  Volume recovery please The year 2016 will go in history as another year of sluggish cargo volume growth. A few European ports present rather healthy growth figures, but the vast majority faces a very weak or even negative growth. In 2015, the cargo tonnage handled in the entire European port system was still 4.6% below the 2008 volumes. The first estimates for...
December 19th, 2016
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Trying to exploit the significant benefits associated with homeporting, several cruise ports are mobilised to establishing homeport operations. This goal is subject to a variety of factors, both internal and external one. A new port study by PortEconomics member George Vaggelas, co-authored by Spyros Niavis (University of Thessaly), defines the parameters and elements that affect the potential of a cruise port to become a homeport. The study, published in the third issue of first volume of the scholarly journal Maritime Business...
December 14th, 2016
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The European Parliament adopted today a report on the Regulation establishing a framework for the organisation of port services and financial transparency of ports presented by the rapporteur MEP Knut Fleckenstein. The port Regulation was approved the agreement reached in that respect with the Commission and Council last summer with 546 votes in favour, 140 against, 22 abstentions. This vote makes an end to the Port Package saga that started 15 years ago. The proposal was originally put forward in 2013 but stalled due to the European...
December 13th, 2016
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By Jean-Paul Rodrigue Conventionally, ports and airports are not considered to be integrated since they service different supply chains, namely high value goods for air transport and bulk commodities for maritime transport. Maritime and air cargo were typically incompatible, implying that port and airport operations were planned separately. Their location only coincided because they both service large metropolitan markets and need to be well connected to road transport systems. While this assertion is still valid, several changes took...
December 13th, 2016
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European ports policy update: On Monday, December 12th, the plenary session of the European Parliament discussed the report of MEP Knut Fleckenstein on the Port Regulation. The report follows extensive negotiations between the European Parliament and representatives of the European  Council and the Commission over a policy initiative that had been published by the European Commission in 2013. Last March, the European Parliament voted in favour of a revised EU Ports Services Regulation (PSR) aiming to make European ports more...
December 9th, 2016
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Investments in infrastructure outside the EU and its impact on trade flows and existing capacities; the strengths and weaknesses of the existing EU infrastructure network; opportunities deriving from connections to non-EU networks; EU requests from neighbouring and non-EU countries before committing to common projects; and the impact of One-Belt-One-Road (OBOR) on the existing TEN-T network, were all among the issues that PortEconomics co-director Theo Notteboom put forward during his keynote speech at the Second Annual...
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