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May 19th, 2020
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Inland ports tend to be smaller in scale, when compared to seaports; this calls for a more detailed analysis of the activities that take place in such ports. Τhe strategic role of inland ports in urban freight policy is the theme of the latest port study by PortEconomics members Elvira Haezendonck and Michael Dooms along with their colleagues Geoffrey Aerts and Mychal Langenus. Analyzing the logistical dedicatedness and the geographic reach of economic activities that take place within a specific inland port, the Port of Brussels, the...
May 19th, 2020
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Actors in the maritime transport sector need to consider greater threats than those currently identified and also prepare for a more advanced adaptation timetable argue PortEconomics members Jason Monios and Gordon Wilmsmeier in their latest port study entitled "Deep adaptation to climate change in the maritime transport sector – a new paradigm for maritime economics?" The study is published in the scholarly journal Maritime Policy and Management in open access format and its full version is freely available here. There are many...
May 18th, 2020
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By Theo Notteboom Impact of COVID-19 on European ports only started to be strongly visible in March 2020. The table shows the container throughput growth for Q1 2020 in the top 15 containers ports in Europe. While the Coronavirus emerged in China in December 2019, its impact on European ports only started to be strongly visible in March 2020. In February 2020, the supply shock in China, where the factories were unable to operate, generated a first wave of blank sailings. Given the sailing time on the Europe-Far East trade, the effect of...
May 17th, 2020
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Compiled by PortEconomics members Theo Notteboom and Thanos Pallis the sixth edition of the weekly IAPH-WPSP Port Economic Impact Barometer Report, published every Friday, reports significant drops in extra port restrictions and delays due to changes in port call procedures. The full report covers worldwide port developments in Week 20 (4 May – 10 May) 2020 and might be downloaded here. The round-up this week was a mixed picture, with the global reach of the pandemic still being felt in varying degrees depending on the region. The...
May 11th, 2020
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PortEconomics co-director Theo Notteboom was among the speakers during the first in the series of the IAPH/IHS Markit ‘Coronavirus Webinars’ which was broadcasted this week. Under the guidance of IHS Markit Vice-President Maritime and Trade Peter Tirschwell, Theo joined Gene Seroka (Executive Director Port of Los Angeles),  and Jan Hoffmann (Chief Logistics Branch UNCTAD) to discuss how ports could survive and thrive in the post-COVID19 landscape. Rather than casting a negative perspective on the current crisis inflicted by the...
May 9th, 2020
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Recent efforts by PortEconomics members to enhance and coordinate sustainability efforts of ports worldwide, fostering international cooperation with partners in the supply chain are present at in World Ports Sustainability Report 2020 – which has been released in the context of the World Ports Sustainability Program (WPSP) led by the International Association of Ports and Harbors (IAPH) . Guided by the 17 UN Sustainable Development Goals, the report provides how ports are investing in resilient infrastructure, climate and energy,...
May 8th, 2020
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In the fifth edition of the IAPH-WPSP Port Economic Impact Barometer Report, the majority reports a relatively stable situation compared to the previous weeks, with slight improvements noted in some areas of port continuity. In the fifth report of the WPSP-IAPH COVID19 Port Economic Impact Barometer, a focus on European ports reveals that many of them are already feeling a greater impact of reduced cargo vessel calls than other regions of the world. The European region also has a smaller share of ports now facing capacity shortages of...
May 7th, 2020
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"Like the tides, we will return". That is the motto of Cruise Lines International Association (CLIA)  expressing the confidence of its membership that cruise lines will sail again - stronger and better than ever. This goes hand in hand with the acknowledgment by all that there is a need for going further in efforts to protect the health and safety of passengers, crew, and the public; and to support recovery goals for tourism and business sector partners. Facilitating cruise ports, cities, and destinations (as well as their associations)...
April 30th, 2020
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In the last few months, the world has witnessed and continues to witness a drastic change in our daily lives, which has also caused a great impact on business, trade, and shipping. The outbreak of a pandemic changed all economic and trade expectations for 2020. From a forecast of 3.6% growth in container trade worldwide in the last quarter of 2019, to 2.5% in January 2020, new projections have lowered down expectations to -4.9%. This drop is partially explained, apart from the pandemic, by the continuing increase of blank sails and labour...
April 28th, 2020
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With COVID-19 turning port lives upside down, the European Sea Ports Organisation (ESPO)  has launched a weekly briefing of its membership throughout Europe on the latest developments – inviting PortEconomics members that have contributed to the life of the association to provide thoughts and reactions. In this week’s edition of “ESPO keeps going” Thanos Pallis writes on the return of cruising  - providing six grounds that cruise "will cruise this storm again". It will cruise through the perfect storm, again. Be ready. by...
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