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September 23rd, 2015
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Cyprus is already putting into effect the first recommendations of a study by a team involving PortEconomics members Thanos Pallis and George Vaggelas, and partners, that aims to help the country rekindle growth as a shipping centre after several flat years. The study, prepared after a government tender, has put forward a five-point action plan designed to boost the island against the claims of other maritime hubs and open ship registries at a time of industry volatility and heightened competition. Blueprint for Action The recommendations...
September 22nd, 2015
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APM Terminals has announced that it will invest more than $2bn in a new port in Nigeria, its largest single investment in a port ever. Peter de Langen through his column "The Analyst" in Port Strategy comments: "What sets this investment apart from others it has made is that APMT will develop both the container terminal and other activities. The Nigeria investment marks "a strategic shift to multi ports", said the operator. "It means we will supplement our own experience in container ports with the establishment of a free zone, an oil port...
September 17th, 2015
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By Jean-Paul Rodrigue Why Transshipment? Ideally, a passenger wishing to fly from one city to another would prefer to have a direct flight. However, this is not commonly the case unless one is using the largest airports in the world such as London, Paris. New York, Hong Kong or Dubai. Even from these airports, direct flights to a wide range of destinations would not be available. The most common reason is that there is not enough volume to justify a direct service with some level of frequency. Therefore, to cope with these constraints...
September 17th, 2015
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By Jean-Paul Rodrigue Panama Canal nears completion on a new set of locks that are expected to impact trade and the world's economy. Explore the future of the Canal as detailed in a WPBT2 Production - containing comments by PortEconomics member Jean Paul Rodrigue.  ...
September 17th, 2015
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There's certainly been a lot of chatter around New York about infrastructure and about the local port authority, but most of the press, traditional media and online coverage has not been about maritime things. The biggest headlines have been garnered by plans for a new $4bn revamp of the 1960s vintage LaGuardia Airport (which, sensibly, would include a ferry link to the business areas of Manhattan), writes Barry Parker. Peter de Langen through his column "The Analyst" in Port Strategy comments:  "With high profile rail fails, a new...
September 15th, 2015
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The cruise sector is one of the fastest growing market segments in shipping and seaport activities. However, the high level of market concentration and the geographical concentration of passenger flows at departure ports and destinations lead to possible congestion and delays in handling cruise vessels and passenger services. The increasing importance of coordination, cooperation, and vertical/horizontal integration may effectively impact the performance of cruise lines, cruise ports, and involved service providers. The scale of vertical...
August 28th, 2015
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The Meditteranean and its adjoining seas have transformed to a multi-port cruise region hosting several millions of passenger movements, with  the intra-region dynamics remaining unexplored. In their latest study,  PortEconomics co-director Thanos Pallis along with Kleopatra Arapi (University of the Aegean), generates knowledge on the patterns, structures, and growth geography in the second biggest cruise port in the last decade (2005-2014). The analysis of the passenger movements data provided by 69 cruise ports detail the port...
August 23rd, 2015
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By Jean-Paul Rodrigue Successive explosions at the port of Tianjin, the third largest in the world in terms of tonnage and the 10th largest in terms of container volumes, resulted in deadly blasts in the Chinese port city. PortEconomics member Jean-Paul Rodrigue, describes the anatomy of the disaster - and provides his input during an inverview on the national Chinese national television (CCTV) on August 17 on this topic. "Ports are significant consumers of land involving terminal operations as well as port-centric logistics...
August 23rd, 2015
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The 2015 Annual Conference of the International Association of Maritime Economists (IAME) starts on Monday 24 August in Kuala Lumpur Malaysia, with PortEconomics member preparing to present the latest of their port research. The theme of this year's conference organised by the MIT Malaysia Institute for Supply Chain innovation is "The Role of Maritime Clusters and Innovation in Shaping Future Global Trade". Maritime economists from all five continents are gathering together for attending the flagship annual event of their international...
August 23rd, 2015
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The 13th meeting of the Port Performance Research Network (PPRN) takes place on Sunday, 23rd August, in Kuala Lumpur Malaysia, with PortEconomics members meeting together with fellow maritime economists interested in port research at the eve of the 2015 Annual Conference of the International Association of Maritime Economists (IAME). PPRN is an informal network of maritime economists interested in issues of port policy. It was established at the IAME 2001 meeting in Hong Kong to undertake empirical testing of port governance, and is...
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