Containers

January 5th, 2021
Containers

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
Containers

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 16th, 2020
Containers

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 10th, 2020
Containers

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 2nd, 2020
Containers

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 10th, 2020
Containers

With the cruise industry stalled and uncertainty of containers, Malaga needs to expand into other cargo areas While we may associate the circular economy with more local value chains, a recent initiative from Malaga shows that this is not necessarily the case, writes Peter de Langen - in a viewpoint first published in his column as 'The Analyst" at Port Strategy. "Malaga has developed a triple function in the used (cooking) oil supply chain activities: import port for used oil, mainly from Asia, export port of biodiesel produced with the...
October 29th, 2020
Containers

Brand strategy is a fundamental part of corporate strategy and constitutes a key condition for companies operating in international B2B contexts, to effectively manage relations with customers, stakeholders and shareholders. Mergers and acquisitions (M&As) are drivers of change in both brand architecture and brand portfolio strategies pursued by B2B companies. The latest port study of PortEconomics members Theo Notteboom, Giovanni Satta and Francesco Parola, aims at investigating brand architecture and brand portfolio...
October 21st, 2020
Containers

The latest book chapter of PortEconomomics members Gordon Wilmsmeier and Jason Monios aims to revisit in the context of more recent work in the field the work of Cullinane and Wilmsmeier (2011) on the contribution of the dry port concept to the extension of the port life cycle. This extension relied on the use of vertically integrated corridors between the port and the dry port to move containers quickly and smoothly from the port to the hinterland for processing and stripping. The study brings another layer to this...
October 19th, 2020
Containers

IAPH published the October 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 World Ports Sustainability Program (WPSP) and gauges the impact of the pandemic on ports from both operational and economic perspectives. In its most recent survey, IAPH has also surveyed ports of the impact of the economic downturn on port infrastructure investments and investments...
October 14th, 2020
Containers

The latest port study of PortEconomics member Jean-Paul Rodrigue looks at an intermediate scale of analysis for maritime transportation; the maritime range. Maritime ranges are bounded regions where a set of ports are either in competition, complementary, sharing a common regulatory regime, or having some fundamental geographical commonality. This scale is mostly missing from the research about the structure and organization of maritime transportation focusing on either the port or on the shipping network. The study- which has been published...
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