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June 27th, 2024
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The European Sea Ports Organisation (ESPO) has just unveiled the results of the much-anticipated ESPO Port Investment Study 2024 at its annual Conference in Paris. This groundbreaking study offers a deep dive into the investment landscape and challenges faced by European ports, shedding light on their evolving roles and pressing needs. Prepared by PortEconomics member Dr. Peter de Langen in collaboration with ESPO, the study presents a comprehensive analysis based on the input of 84 port managing bodies across Europe. It reveals a...
June 26th, 2024
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By Ricardo J Sanchez & Alejandra Gomez Paz Co-director, Kühne Professorial Chair in Logistics, School of Management, Universidad de los Andes, Colombia Member of the Kühne Professorial Chair in Logistics, School of Management, Universidad de los Andes, Colombia Acknowledgments: special thanks to Christoph Schaar for his contributions. The difference between accessibility and connectivity is often seen as a "merely" theoretical question posed from an "academic" point of view as if...
June 20th, 2024
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By Ricardo J Sanchez Eliana P. Barleta Co-chair, Kühne Professorial Chair in Logistics, School of Management, Universidad de los Andes, Colombia and Head, Caribbean Research Institute. [email protected] Ph.D. Student in Maritime Studies, University of Piraeus [email protected] *** The ports of the Caribbean, framed by the natural beauty of the region, have the dual characteristic of being vital to regional trade, but also function as strategic transhipment nodes on international trade routes connecting Europe, North America...
June 14th, 2024
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Emission Control Areas (ECAs) are geographical locations designated by the International Maritime Organisation (IMO) to reduce the negative impacts of shipping on health and biodiversity. The first ECA was adopted in 2005 in the Baltic Sea and three more have followed. Since 2004, the 21 countries located around the Mediterranean Sea have discussed the introduction of an ECA, and the final adoption by the IMO occurred in 2022, 18 years later. In their latest study, PortEconomics members Pierre Cariou and Jason Monios, along with Alice...
April 29th, 2024
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The decarbonization of the shipping industry is a critical imperative in the global fight against climate change. Non-EU countries, being significant contributors to shipping emissions, play a crucial role in shaping the industry’s sustainable future. However, securing funding for shipping decarbonization initiatives in these countries presents challenges, such as limited access to capital, lack of financial initiatives, political and regulatory uncertainties, technological risks, lack of local expertise, and the effects of global...
April 17th, 2024
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By PortEconomics member and Port Strategy Analyst, Peter de Langen The energy and raw materials transition, critical for achieving a sustainable and (more) circular economy, creates a huge demand for new private investments in ports, in activities like production, assembly, storage and maintenance of offshore windmills, hydrogen plants to convert sustainable energy in hydrogen and ammonia, plants for biofuels and circular recycling and production activities. Many ports struggle with land availability, especially in advanced...
April 16th, 2024
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The latest publication by PortEconomics co-director, Theo Notteboom, along with esteemed colleagues Shuang Yuan, Peng Jia, and Qifei Ma, in the renowned International Journal of Transport Economics is available. The paper titled "Emerging Trends and Developments in Multimodal Freight Transportation: a Scientometric Analysis Using CiteSpace" presents a comprehensive scientometric analysis of the evolution of multimodal freight transportation research over the past few decades. With a focus on 1297 articles published between 1996 and...
April 11th, 2024
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PortEconomics co-director Theo Notteboom compiled a table showing the EU container port landscape in 2023, and provides a comprehensive overview of the trends, challenges, and notable developments within the EU container port sector in 2023: By Theo Notteboom The top 15 EU ports combined handled 72.5 million TEU in 2023, or 5.3% less than in 2022. This compares to -4.2% in 2022 and +5% in 2021. The economic and geopolitical situation is reflected in the handled container volumes. The top three ports in the EU all recorded a traffic...
April 11th, 2024
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by Thanos Pallis Ports are eternal motors of growth and change. People, ideas, essential supplies, and goods have always moved via sea and ports. Thanks to cruise activities, the role of ports in advancing the prosperity of port cities has expanded. Guests onboard cruise ships combine seagoing voyages, tourism, and entertainment. By visiting several ports, cruisers enjoy exploring destinations, tourist sites, living conditions, and cultures. An extra dimension has been added to the flows that ports bring to the cities and the broader...
April 7th, 2024
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By PortEconomics member and Port Strategy Analyst, Peter de Langen X-Press Feeders has recently decided to deploy green methanol-powered ships on its feeder network in Europe, with Evergreen committing to using X-Press Feeders services. The ships will operate out of and receive methanol in Rotterdam and serve feeder markets in Scandinavia -with plans to expand the green feeder services to other destinations in Europe once new methanol-powered vessels are delivered to X-press. This decision is a first in container shipping and shows...
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