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June 20th, 2017
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Market players active in the port industry deploy a range of financial sources to meet the growing investment requirements in port infrastructure and to fund their (overseas) expansion strategies. Recent empirical evidence shows that equity capital markets are expected to extend their role in this regard. The latest port study of PortEconomics members Theo Notteboom, Francesco Parola and Giovanni Satta, along with Luca Persico (University of Genoa) deals with the long-term performance of IPOs in the seaport industry as a strategic...
June 8th, 2017
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By Peter de Langen It is increasingly clear that car transport is at the brink of radical changes, driven by technological advances in autonomous driving and changing ownership patterns of cars, writes Peter de Langen. A model in which car users, especially in urban areas, pay a monthly subscription fee for a certain amount of car-kilometers - a business model similar to Amazon’s - while mobility providers own and deploy cars is widely expected to be introduced in a relatively short period of time. Such a transition has major...
June 6th, 2017
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The throughput of containerized cargo in the ports of Latin America and the Caribbean fell 0.9% in 2016, according to data released today by ECLAC. This regional average continues the negative trend of deceleration that has been observed in the last few years and represents the biggest loss since the 2009 crisis. Data confirms two trends seen in the region in recent years: an overall steepening of the deceleration of foreign trade in container terminals and a high degree of heterogeneity in this activity’s growth rates within the...
May 30th, 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, connectivity,...
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 17th, 2017
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Maritime connectivity and the evolving role of ports in global shipping networks is the theme of the presentation delivered by Jan Hoffman, President of the International Association of Maritime Economists (IAME),  and Chief, Trade Logistics Branch at UNCTAD. Jan Hoffman presentation gives emphasis on questions such as "why connectivity”?, "how to measure it"?, 'Which are the challenges for seaports'?, and was delivered at the 30th IAPH World Ports Conference, held in Nusa Due Bali, Indonesia. The presentation was delivered in...
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 5th, 2017
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By Jean-Paul Rodrigue Bottlenecks of global maritime shipping have been for decades the object of geostrategic considerations as obligatory points of passages for global trade. More recently, their geographical advantage inciting the convergence of shipping services in narrow areas has been expanded with the setting of transshipment hubs. This usually involves feeder services towards smaller ports, relays connecting deep-sea services towards different maritime ranges or interlining supporting different port of calls configurations along a...
May 3rd, 2017
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The development of a new port performance measurement model by taking the perspectives from different port stakeholders is the theme of the new portstudy of PortEconomics members Theo Notteboom and Adolf Ng, along with Min-Ho Ha (Liverpool John Moores University), Zaili Yang (Liverpool John Moores University, Dalian Maritime University, University of Manitoba) and Man-Wook Heo (Ministry of Oceans and Fisheries, Republic of Korea). The novelty lies in the modelling of interdependencies among port performance measures, and the combination...
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