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Weekly barometer οn COVID-19 economic impact on ports at world ports info portal
In response to requests of ports around the globe, the International Association of Ports and Harbors (IAPH), has set up a Task Force comprising some of the world's top experts to inform and guide the port authorities and users alike via a newly-established WORLD PORTS COVID19 INFORMATION PORTAL. PortEconomics developed impact barometer PortEconomics members Theo Notteboom and Thanos Pallis join the Task Force , working in the production of a weekly economic impact barometer to keep track of the economic implications of the pandemia to the...
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PortGraphic: COVID-19 and blank sailing impact on European ports
The Coronavirus has resulted in a high number of blanked sailings in container shipping. Until recently, these were caused by the sharply reduced port activity in China as factories across the country closed in the wake of the lockdown. In recent weeks, port operations in China turned back to normal after factories reopened, and truck drivers and dock workers resumed their activities. The current wave of announced blank sailings is caused by the sharp decline in demand from Europe as virtually all European countries have implemented full...
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PortGraphic: COVID-19 and how vulnerable are European container ports to the drop in Chinese port volumes?
By Theo Notteboom At the time of writing there were more than 73,000 cases of the COVID-19 virus and more than 1,850 deaths. China, and particularly the Hubei province, is responsible for most of the recorded cases and deaths. The outbreak of the COVID-19 virus has a huge impact on economic life in China with many factories and logistics flows still being affected. As global supply chains are severely disrupted, production and consumption centres around the world are starting to be affected by the situation in China. Several organisations...
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PortGraphic: The impact of COVID-19 to Chinese Cosco Shipping ports
By Theo Notteboom Below a graph showing the volume losses in January - February 2020 compared to the same period last year for the key #container #terminals of Cosco Shipping Ports. The impact of #COVID-19 is obvious. Chinese ports are slowly but surely becoming fully operational again, but it is expected also March 2020 will show negative figures for most Chinese ports. The full impact of the virus on European and North American ports will only start to be visible this month. If China is indicative, then prospects for these ports are...
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The emerging port: inland logistics of Amazon
By Jean-Paul Rodrigue The emergence of e-commerce has allowed for new forms of logistics and freight distribution that are starting to have noticeable impacts on ports and terminal operations. This digitalization of retail required the setting of physical distribution components relying on home deliveries, which include several facilities designed and positioned to answer demand promptly. E-commerce is a distributional form of consumption since demand is dependent on the available distribution capabilities, particularly its...
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The role of seaports in green supply chain management
The latest portstudy of PortEconomics members Theo Noteboom and Larissa van der Lught along with Niels van Saase (Erasmus Centre for Urban, Port and Transport Economics (Erasmus UPT), Rotterdam, The Netherlands), Steve Sel and Kris Neyens (VIL-Flanders Innovation Cluster for Logistics, Antwerp, Belgium) analyzes the role of seaports in the greening of supply chains in two ways. First, the fields of action to pursue GSCM objectives in ports are identified and grouped. In the empirical part of the study, this typology is used to analyze green...
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Top 15 container ports in Europe in 2019: TEU volumes and growth rates
By Theo Notteboom The cargo volume handled remains a key performance indicator for ports. While also other indicators related to logistics performance, sustainability, innovation and economic impact are gaining ground, it remains relevant to observe how cargo volumes have evolved over time. The table shows the top 15 container ports in the European Union in 2019 based on container throughput expressed in TEU. It also includes container growth figures compared to 2018 and pre-crisis year 2007. The final TEU figures for Felixstowe were...
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The emergence of Piraeus port in the global shipping networks
By George Vaggelas A decade after the concession of Pier II to COSCO Pacific, followed by the construction and the commencing of operations of Pier III and three years after the sell of the 51% of the shares of Piraeus Port Authority SA to COSCO Shipping Co., the port of Piraeus is advancing among the top container ports in Europe and internationally. In 2018, Piraeus port was the second biggest container port in the Mediterranean, the sixth biggest in Europe and the 37th in the world. No doubt, the presence of an International Terminal...
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