Thematic Area

January 11th, 2021
Thematic Area

PortEconomics member Michael Dooms along with Michael Geerts (Vrije University) latest port study focuses on the Corporate Social Actions (CSAs) that five major cruise companies conduct in order to improve their Corporate Social Responsibility (CSR). Through a content analysis, the authors examine the most recent sustainability reports of the five largest cruise shipping companies, based on their market share. The analysis shows that CSAs in the domains of environment, ethics and social/philanthropy are dominant within the cruise industry....
January 5th, 2021
Thematic Area

In their latest port study, PortEconomics members Theo Notteboom, Thanos Pallis and Jean-Paul Rodrigue investigate the temporal and spatial sequences of the supply and demand shocks of COVID-19 on container ports and the container shipping industry by comparing these events to the 2008-2009 financial crisis. Economic shocks test the resilience and adaptability of the shipping industry and container ports. Each crisis triggers different ramifications in the container market. Using operational and financial data from primary and secondary...
January 4th, 2021
Thematic Area

By Theo Notteboom Scale increases in container vessel size are a well-documented and much debated topic. The search for economies of scale and the focus on cost control have pushed the container shipping industry towards the deployment of ever larger containerships. In the early days of containerisation, ships had a nominal capacity of a few hundreds of TEU. In 1988, APL was the first shipping line to deploy a post-Panamax vessel. In 1996, Maersk Line shook the market by introducing the Regina Maersk of about 7,400 TEU. Consecutive...
December 30th, 2020
Thematic Area

By Ricardo J. Sánchez and Eliana Barleta The sudden and prolonged action of COVID-19 on health, living conditions and the world economy, among others, has been of great magnitude until now, being characterized by four fundamental elements: the pre-existence of adverse conditions, the extent of the effects, the speed of the impact and finally, its intensity.  Similarly, international maritime trade, throughout the world, has had notorious effects. The falls worldwide in container traffic were particularly marked in the months of April...
December 16th, 2020
Thematic Area

Increased economic activity in sub-Saharan Africa (SSA) has given rise to increased demand for port development. Given the often scarce availability of national public funding, port institutional reform programs have been implemented to pave the way for the inclusion of external port investors. Notwithstanding this fact, some sub-Saharan African Governments remain institutionally locked into the notion that state-owned enterprises remain an appropriate vehicle for port terminal operations. This, despite the fact that terminal operational...
December 12th, 2020
Thematic Area

The latest study by PortEconomics members Thanos Pallis and Aimilia Papachristou provides an empirical analysis of the challenges that cruise ports in Europe were facing before the outbreak of the COVID-19 pandemic. COVID-19 triggered an unprecedented global health and economic crisis with severe, and potentially structural, consequences for the cruise world. In this context, knowledge of the key challenges that cruise ports need to address builds capacities for conceptualising, but also better responding, in the post-COVID-19...
December 10th, 2020
Thematic Area

By Theo Notteboom The table shows the container throughput for the first 9 months of 2020 handled by the top 15 containers ports in Europe. Antwerp is the only large gateway port in the top 15 which was able to reach a volume level comparable to last year. Mediterranean transhipment hub Gioia Tauro is recording strong growth (exact Q3 2020 figures were not in at the time of writing) as Terminal Investment Limited (TiL) became the full owner of Medcenter Container Terminal (MCT) in the Summer of 2019. The vast majority of top 15 ports...
December 4th, 2020
Thematic Area

The reduction of Greenhouse gasses (GHG) and other air emissions represents a major challenge for ports. Ports so far have only taken limited steps to this end, but there are large differences between ports. PortEconomics members Henrik Sornn Friese, Peter de Langen, and co-authors René Taudal Poulsen and Agnieszka Urszula Nowinska, published their latest port study on the efforts of ports to reduce air emissions. The study examines the drivers for the adoption of air emissions abatement measures in a sample of 93 of the...
December 2nd, 2020
Thematic Area

Recent decades have brought a growing commitment of investors in the (co-)funding and management of inland terminals, particularly container terminals. However, the actors involved, the forms of third-party entry, and the emerging partnerships in inland terminals have only been investigated on a fragmented basis in inland port research. In a new port study, PortEconomics co-director Theo Notteboom and co-researchers Dong Yang, and Xin Zhou, analyse entry strategies of actors in inland container terminals on the Rhine and Yangtze in terms...
November 16th, 2020
Thematic Area

IAPH published the November issue of its COVID-19 Port Economic Impact Barometer authored by PortEconomics members Theo Notteboom and Thanos Pallis.  The COVID-19 Port Economic Impact Barometer was developed by a dedicated Task Force operating under the International Association of Ports and Harbors (IAPH) WPSP COVID 19 Task Force and gauges the impact of the pandemic on ports from both operational and economic perspectives. IAPH released the November 2020 issue, its fourteenth report since April, and the initial outbreak...
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