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IAPH World Ports Tracker Q2 2023: more port calls with less cargo, truck driver shortages appear; overall liner trade connectivity improves
IAPH has released its fifth edition of the World Ports Tracker for quarter 2 of 2023, which contains the most comprehensive situation report on economic activity by ports themselves, as well as by using S&P Global container market intelligence data and now UNCTAD-MDST’s liner shipping connectivity index, both on container trade trends. PortEconomics co-directors Theo Notteboom and Thanos Pallis are the authors of the IAPH World Ports Tracker included in the analysis of UNCTAD-MDST Liner Shipping Connectivity Index (LSCI) on top of the...
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Top-15 European container ports, H1 2023
PortEconomics co-director Theo Notteboom provides insight on the EU container port landscape in the first half of 2023: Most top 15 #container #ports in the #European #Union show a moderate to strong year-on-year decline in TEU throughput in H1 2023. For quite a few ports, these negative figures come on top of the traffic losses incurred in 2022. The economic slowdown is reflected in the handled container volumes. Only Piraeus and Gioia Tauro show a TEU growth. Ports of Genoa and Algeciras recorded a small drop. A traffic loss of 5.6%...
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Container terminal automation: assessment of drivers and benefits
PortEconomics members Geraldine Knatz, Theo Notteboom, and Thanos Pallis' latest portstudy identifies and analyzes the relative importance of the multi-faceted factors that drive the decision to automate container terminals and the realized benefits, thus establishing how accurately terminal operators predicted the benefits of automation. The authors' empirical analysis relies on a survey-based approach and the input of senior representatives of terminal operating entities in charge of the fully and semi-automated container terminals. The...
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Americas 1H2023: Is port activity accelerating or decelerating?
By Ricarod J Sanchez The world economy continues to show signs, sometimes contradictory, of both recovery and decline, which extend over time. Uncertainty and volatility have become part of normalcy because of a succession of crises. The pandemic crisis was a human, social and economic scourge of enormous magnitude at a planetary level, and its effects have yet to disappear completely. Moreover, the health emergency was compounded by the intensity of climate phenomena -such as the recent droughts-, the growing geopolitical tensions,...
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Top-20 container ports in the Caribbean in 2022
By Ricardo Sanchez The following chart shows the evolution of Top-20 container ports between 2021 and 2022. Sources: CSA and port authorities. The top-20 sample is approximately 82% of the container ports activity in the Greater Caribbean, excluding Mexico. The year 2022 shows an extremely slight growth of the top 20 Caribbean ports regarding 2021 (just 0.2%), with some ports strongly increasing (Panama Caribbean, Kingston JA, Caucedo RD, Honduras and T&T) and others with soft to sharped declines. In 2022, the top 20 ports...
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Top-15 container ports in European Union in 2022
PortEconomics co-director Theo Notteboom compiled a list of the top 15 container ports in the European Union (EU) in 2022 based on the container throughput in TEU and analyses the findings. "While the ranking of the top 15 container ports in the European Union (EU) in 2022 based on the container throughput in TEU might be a mere distraction from other major port-related themes such as sustainability, energy transition, and supply chain resilience, the table provides more insight on the EU container port landscape: The...
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Port Connectivity; Piraeus in the global sea transport network
By George Vaggelas and Thanos Pallis Τhe recent released data regarding the container throughput at the biggest Greek port, showed a decrease in the container volumes by almost 2,7% mainly due to the global economic environment. In many countries the trade has been severely impacted by the economic conditions which are characterized by increased inflation, reduction in consumption and disturbance in the supply-demand relationship. Despite the economic environment and the reduction in the container throughput, the port of Piraeus...
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Operational productivity and financial performance: pure transhipment hubs vs gateway terminals
The sea–sea transhipment of containers between vessels has become a key part of the container handling activities in the global maritime shipping network constituting 25.8% of the worldwide container port throughput in 2017 (Drewry Shipping Consultants, 2018). Since the 1990s, the global port system has seen the development of pure transhipment hubs close to interoceanic passages (Straits of Malacca, Suez Canal, Panama Canal, etc.) and port sites at other strategic maritime locations. Some regional markets, such as the Mediterranean...
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