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April 25th, 2018
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Some really exciting news for the entire PorteEconomics family: PortEconomics member Mary R. Brooks is the first woman to ever receive the most distinguished international prize in the field: the Onassis Prize in Shipping. Dr. Brooks was cited by the award’s distinguished judges for her extensive work in ports and port management. She could just have easily been recognized for her work in short sea shipping, or her studies on liner regulation. “It’s a great honour,” says Dr. Brooks, Professor Emerita in the Rowe School of...
April 23rd, 2018
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A sustainable method to capture expenditure structures of cargo movement activities on nearby port regions has been developed by PortEconomics member Grace Wang along with Wen-Huei Chang (US Army Corp of Engineers) and Yue Cui (Michigan State University) updated the REgional ECONomic System (RECONS) under the U.S. Army Corps of Engineers to measure economic impacts. Through the defined categories of port industry services and related revenues, direct support of the movement of goods through the ports can be quantified. The expenditure data...
April 18th, 2018
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Ηow public interests in seaports can be secured in the corporatized model? This corporatized model, in which port authorities engage in port development on a commercial basis, is increasingly used. PortEconomics members Peter de Langen and Larissa van der Lugt discuss in detail an important question that so far has not received attention in the literature on port governance: how can the public shareholders use their influence as shareholders of port authorities to achieve public policy goals. In their latest port study published in the...
April 17th, 2018
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By George Vaggelas and Thanos Pallis The port is Thessaloniki in Greece. The date is March 2018. A long port privatization process that lasted almost 13 (!!) years is finally concluded, with the Greek state handing 67% of the shares of the Thessaloniki Port Authority S.A. to the new owners of the port, the South Europe Gateway Thessaloniki (SEGT) Ltd. This transaction is the outcome of an international call by the Greek government, that was initiated in 2014 and the winning of the tender by SEGT; the other two binding bids for a majority...
April 10th, 2018
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By Theo Notteboom The graph shows the annual container volume handled by a country’s port system per km of coastline. Belgium takes the no. 1 spot closely followed by Singapore. The list contains some other smaller nations with big container ports such as the Netherlands and Malta. The Belgian case is a bit special given that the nautical access via the river Scheldt to Antwerp (no. 2 container port in Europe) for a large part runs over Dutch territory. But even if we take Antwerp’s volume out, Belgium still makes it to the top 5...
April 5th, 2018
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Maritime Supply Chain is one of the key sectors for digital transformation. With its high degree of networking and its large number of interfaces, maritime supply chain offers a broad range of applications for digital technologies. Stakeholders across the supply chain see huge potential to improve maritime and port service level and efficiency by having more collaboration and integration. This was a subject of a round table organized during the 28th year KEDGE Business School Global Supply Chain Management ISLI Forum (March 30,...
April 3rd, 2018
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By Thanos Pallis The launching of the World Ports Sustainability Programme (WPSP) by the International Association of Ports and Harbours (IAPH), the American Association of Port Authorities (AAPA), the European Sea Ports Organisation (ESPO), AIVP – The Worldwide Network of Port Cities (AIVP) and the World Association for Waterborne Transport Infrastructure (PIANC) in March is a major step towards a responsible growth of the port industry. It is a most welcomed initiative by all of us serving ports and the maritime world. WPSP aims to...
April 1st, 2018
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The program of the Jean Monnet Symposium on 'The future of the European Port Policy" is now available. The high-level list of speakers includes: Matthew Baldwin, Deputy Director General, DG-Move, European Commission Christos Lambrides, Secretary General of Ports, Port Policy and Maritime Investment, Ministry of Shipping and Insular Policy, Greece Greta Marini, Director - Integration of ports with society, AIVP Manolis Vournous, Mayor, Chios Municipality Aris Batsoulis, Cruise Manager Corfu Port Authority & Senior Vice...
March 26th, 2018
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By Peter de Langen Many port development companies, including port authorities, develop commercial strategies which guide their commercial and investment activities. One common ambition in those strategies is the aim to expand the hinterland The Port of Algeciras aims to serve the Madrid metro area, where Valencia is currently dominant; Rotterdam and Antwerp aim to improve competitiveness in Bavaria, where German ports, especially Hamburg, are dominant; and various US East Coast ports aim to expand their hinterland to destinations such...
March 13th, 2018
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What are investment needs of European ports and what are the financial challenges in order to address these needs? PortEconomics co-director Peter de Langen has co-authored a study for the European Sea Ports Organisation (ESPO), examining ‘The Infrastructure Investment needs and Financing Challenge of European Ports’, so as to answer these questions.Among others, the study focuses on the diversity of port investments, make the case for investments in basic port infrastructures, explains how investment needs of EU ports are...
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