Thematic Area

August 1st, 2017
Thematic Area

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
Thematic Area

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,...
July 20th, 2017
Thematic Area

An interesting coversation between two maritime economists members of PortEconomics took place during TOC Europe which was held 27-29 June 2017. Jean-Paul Rodrigue and Peter de Langen had a live exchange of views and arguments regarding: The 4th industrial revolution and peak containerization The inland terminal as a value proposition in container transport The disadvantages of scale in maritime shipping The relevance of business ecosystems for terminal operators Download the presentation of the conversation via PortEconomics...
July 17th, 2017
Thematic Area

By Theo Notteboom Since 2014, the container shipping industry is witnessing a massive wave of carrier consolidation. In mid-2014, Hamburg Süd acquired CCNI (Compañía Chilena de Navegación Interoceánica). In December 2014, the merger between Hapag-Lloyd and CSAV (Companía Sud Americana de Vapores) was completed. In late 2015, NOL/APL and CMA CGM agreed on the sale of APL container division to CMA CGM. Early 2016 brought the merger between China Shipping and Cosco to form China Cosco Shipping Group. Hapag-Lloyd and UASC...
July 12th, 2017
Thematic Area

The Greek shipping community remains confident about the role of Greece as maritime center in the coming years and believes that its enhancement would strengthen their business - in spite of the the growing attractiveness of competing maritime centers, PortEconomics members Thanos Pallis and George Vaggelas collaborated with Ernest & Young in a study focusing on the 'repositioning Greece as a global maritime capital". The study, which was presented during a press conference held in Athens, Greece, includes a survey and...
July 5th, 2017
Thematic Area

PortEconomics members Thanos Pallis, Francesco Parola, Giovanni Satta, and Theo Notteboom study on private entry and emerging partnerships in cruise terminals operations in cruise ports in the Mediterranean and its adjoining seas has won the Maritime Economics and Logistics (MEL) Best paper award at the Annual Conference of the International Association of Maritime Economists (IAME), that was held in Kyoto Japan. The study which will be soon published in the scholarly journal Maritime Economics and Logistics (MEL) details the entry...
June 29th, 2017
Thematic Area

By Jean-Paul Rodrigue The expansion of the Panama Canal in 2016 has been hailed as a remarkable achievement and a game changer for the shipping industry, particularly for the North American East Coast and the Caribbean. It would be accompanied with higher levels of port activity and therefore the need to invest and upgrade port infrastructure, including dredging. However, the expectations of higher container volumes transiting through the region have so far not materialized and actually the throughput of key East Coast ports has on...
June 23rd, 2017
Thematic Area

By Jean-Paul Rodrigue In June 14th, the Maersk-MSC-CMA-CGM-Amazon-Alibaba-Citibank-Allianz (MMCCAACA) shipping line announced the introduction of its latest ship class, the Mariana-Max. The 350,000 to 400,000 TEUs ships (depending on the load configuration) will service selected Pacific routes, over which it will replace the To-The-Max ship class of 200,000 TEUs. According to MMCCAACA executives, Mariana-Max ships will create value for their customers by reducing shipping costs per TEU by a factor of 20% (from 5 cents per TEU to 4 cents...
June 6th, 2017
Thematic Area

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
Thematic Area

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,...
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