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July 6th, 2017
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Celebrating 25 years since the establishment of the Association, the International Association of Maritime Economists (IAME) Annual Conference organised a special opening session to discuss the future of maritime and port economics. During the session, IAME President Dr. Jan Hofmann (Trade Logistics Branch, DTL at UNCTAD) presented "10 long-term trends in maritime economics". PortEconomics invites its readers to register and freely download the presentation: Hofmann J. (2017): 10 long-term trends in maritime economics. IAME 2017,...
July 5th, 2017
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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
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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 20th, 2017
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The 15th annual meeting of the Port Performance Research Network (PPRN) brings the leading port economists from all over the globe in Kyoto, Japan, on Tuesday 27 June 2017, to discuss the way forward for port studies PortEconomics members will join fellow maritime economists interested in port research at the eve of the 2017 Annual Conference of the International Association of Maritime Economists (IAME) to discuss the latest findings and trends in port studies and shape together the future of research in port economics policies and...
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...
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