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February 27th, 2021
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About two weeks ago, the port authorities of Antwerp and Zeebrugge in Belgium announced they are starting the process towards a full merger. The new merged entity will bear the name "Port of Antwerp-Bruges". Theo Nottteboom, PortEconomics co-director, comments "While the transition to a low-carbon port is high on the agenda, the merger will also create a large container port complex combining the large upstream facilities of Antwerp with coastal container terminals in Zeebrugge. Combined these terminals handled about 13.8 million TEU...
February 23rd, 2021
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By Peter de Langen The French Haropa ports, Le Havre, Rouen and Paris are steadily implementing the full merger announced over two years ago; the final step should be ready June this year. As an important part of the integration, they recently published a strategic plan until 2025.  The plan is an interesting read and clearly reflects the changed landscape in the port industry. While in 2015, Le Havre had the ambition to grow container volumes with 50%, to around 4.8 million, this plan aims for a much more modest growth of 10%, to...
February 21st, 2021
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Number of ports experiencing some delays in cross-border trucking services, with rail and barge delays increasing noticeably. The results of the sixteenth survey of global ports have been published in the WPSP- IAPH COVID19 Port Economic Impact Barometer today, with an even spread of 70 participants worldwide. The share of ports facing a significant drop in container vessels calls (i.e. in excess of 25%) dropped further to 2% . Some three quarters of ports are reporting that vessel calls are similar or even higher compared to the same...
February 15th, 2021
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The latest portstudy of PortEconomics member Jason Monios co-authored by Rickard Bergqvist explores influences on migration of hub status in an intermodal network from a port to an inland node by following the life cycle of inland terminal development. The methodology is a longitudinal case study of the Swedish intermodal system over a period of 20 years, based on documentation, interviews, and action research. The authors observe the changing roles of the Port of Gothenburg and the Falköping terminal at different time periods. These...
February 8th, 2021
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PortEconomics member Pierre Cariou participated as a guest speaker at the 2021 World of Shipping Portugal Conference, which was held online 28-29 January 2021. Pierre gave a most interesting presentation on Liner shipping, containerization, and mega carriers. What structural changes to be faced by the industry operators? discussing how the structural change in demand, resulted in structural adjustment for carriers and what are the future changes. Follow the link to download Pierre's presentation. ...
January 26th, 2021
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Container shipping is the largest producer of emissions within the maritime shipping industry. Hence, measures have been designed and implemented to reduce ship emission levels. IMO’s MARPOL Annex VI, with its future plan of applying Tier III requirements, the Energy Efficiency Design Index for new ships, and the Ship Energy Efficiency Management Plan for all ships. To assist policy formulation and follow-up, this port study applies an energy consumption approach to estimate container ship emissions. The volumes of sulphur oxide...
January 11th, 2021
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PortEconomics member Michael Dooms along with Michael Geerts (Vrije University) latest port study focuses on the Corporate Social Actions (CSAs) that five major cruise companies conduct in order to improve their Corporate Social Responsibility (CSR). Through a content analysis, the authors examine the most recent sustainability reports of the five largest cruise shipping companies, based on their market share. The analysis shows that CSAs in the domains of environment, ethics and social/philanthropy are dominant within the cruise industry....
January 5th, 2021
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In their latest port study, PortEconomics members Theo Notteboom, Thanos Pallis and Jean-Paul Rodrigue investigate the temporal and spatial sequences of the supply and demand shocks of COVID-19 on container ports and the container shipping industry by comparing these events to the 2008-2009 financial crisis. Economic shocks test the resilience and adaptability of the shipping industry and container ports. Each crisis triggers different ramifications in the container market. Using operational and financial data from primary and secondary...
January 4th, 2021
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By Theo Notteboom Scale increases in container vessel size are a well-documented and much debated topic. The search for economies of scale and the focus on cost control have pushed the container shipping industry towards the deployment of ever larger containerships. In the early days of containerisation, ships had a nominal capacity of a few hundreds of TEU. In 1988, APL was the first shipping line to deploy a post-Panamax vessel. In 1996, Maersk Line shook the market by introducing the Regina Maersk of about 7,400 TEU. Consecutive...
December 30th, 2020
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By Ricardo J. Sánchez and Eliana Barleta The sudden and prolonged action of COVID-19 on health, living conditions and the world economy, among others, has been of great magnitude until now, being characterized by four fundamental elements: the pre-existence of adverse conditions, the extent of the effects, the speed of the impact and finally, its intensity.  Similarly, international maritime trade, throughout the world, has had notorious effects. The falls worldwide in container traffic were particularly marked in the months of April...
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