Containers

November 17th, 2015
Containers

By Theo Notteboom Having demostrated (see inforgraphic below) how strategic alliances among container shipping companies have changed in the past 20 years, PortEconomics co-director Theo Notteboom, explains the scenarios on alliance formation in container shipping today. Four alliances are operational in the market: 2M, Ocean Three, CKYHE and G6. Alliance partnerships often evolved as a result of mergers and acquisitions (e.g. merger between P&OCL and Nedlloyd and the take-overs by P&O Nedlloyd and SeaLand by Maersk) and...
November 3rd, 2015
Containers

Are port authorities limiting their activities to the landlord functions? If not, which other strategies do they develop? And to what extend are they different in different parts of the world? Up to now, strategic management perspectives to port authorities (PAs) are limited and mostly consists of specific case studies or comparative analyses of Port Authorities in a specific geographical area. In response, the port study of PortEconomics co-director Peter De Langen, PortEconomics associate member Larissa Van der Lugt joineed by...
November 3rd, 2015
Containers

Containerization growth drives shipping business, but which are the factors leading to this growth? And how does this relationship evolve? PortEconomics member Jean-Paul Rodrigue was a keynote speaker at 2015 Terminals Operators Conference of the Americas held in Panama City, Panama, and discussed the issue at this premier business and networking event for ports, terminals, shipping lines, 3PLs & shippers. PortEconomics provide exclusively to its visitors the opportunity to go through the presentation. You need just to register...
October 24th, 2015
Containers

In the, often heated, discussions on the effects of mega-ships on shoreside infrastructure, let's include the question of co-operation between nearby ports. PortEconomics co-director Peter de Langen comments that the issue of co-operation is clearly relevant for the two large upstream ports in Europe that have called for such a discussion, Hamburg and Antwerp. At his latest Port Strategy viewpoint column, as The Analyst (more @PortStrategy) Peter comments: "Hamburg was initially involved in, but later stepped out of, the development...
October 10th, 2015
Containers

By Theo Notteboom With a total maritime container throughput of an estimated 101.5 million TEU in 2014, the European container port system crossed the 100 million TEU mark for the first time ever. Growth was particularly strong in the period 2005- 2007, with an average annual growth rate of 10.5%, compared to 6.8% in the period 1985-1995, 8.9% in 1995-2000 and 7.7% in 2000-2005. The economic crisis, which started to have its full effect in late 2008, put an end to the steep growth curve. Total container throughput increased...
October 6th, 2015
Containers

Managerial Complexity in Shipping and Port Markets is the theme of the special issue (Vol. 7, No. 5) of International Journal of Shipping and Transport Logistics with guest editors the PortEconomics members Francesco Parola and Pierre Cariou. The special issue contents contributions from PortEconomics members along with other most authors: Does multimarket contact lead to mutual forbearance? The influence of the coopetition network of maritime and port companies Yu-Ching Chiao; Chun-Ju Huang; Shu-Mei Hsu Container ship size and...
September 23rd, 2015
Containers

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
Containers

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
Containers

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 3rd, 2015
Containers

With approximately 90% of global trade in volume being carried by sea, seaports are a core strategic resource driving the regional economy within the context of globalization and trade boom. Yet, seaports are not well integrated with mainstream economics and efforts to quantitatively analyze seaports' activity with the use of basic economic concepts remain very limited. Business cycles are considered a profound economic theory and, stimulate a wide area of research and the formulation of indicators of economic activity. To day, the cyclicality...
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