Thematic Area

August 7th, 2014
Thematic Area

PortEconomics member Thomas Vitsounis (National ICT Australia), along with Persa Paflioti and Ioannis Tsamourgelis (Department of Shipping, Trade and Transport, University of the Aegean) published their latest study at the academic journal International Journal of Transport Economics. The recent economic recession of 2009 had a significant 'knock-on' effect on container shipping causing a remarkable decline of TEU's handled in seaports on a world scale. This is primarily attributed to the slump in the global economy. The fortunes of the...
July 30th, 2014
Thematic Area

Concession contracts are widely used to structure the relationship between public managing bodies of ports who own the land and terminal operators who are granted the right to exploit the land for an agreed period of time. Academic literature primarily discusses concession contracts related to cargo terminals. However, common arrangements in concession contracts for cargo handling services may or may not work in a cruise setting. PortEconomics co-directors Theo Notteboom and Thanos Pallis, together with Grace Wang (Department of Maritime...
July 28th, 2014
Thematic Area

PortEconomics associate member Gordon Wilmsmeier (UNECLAC, Chile) along with Ann-Kathrin Zotz (UNECLAC, Chile), Jens Froese (Jacobs University, Bremen, Germany) and Andreas Meyer (Independent Consultant) presented their latest research on "Social and instrumental antecedents of clique survival in the port industry network: A longitudinal perspective" during the the annual conference of the International Association of Maritime Economists - IAME 2014, that was held in Norfolk, Virginia, USA. Τhe study presents a detailed comparative...
July 25th, 2014
Thematic Area

When the issue of "How ports and cruise line associations can best serve the sector" is the focal point of many involved in the cruise sector, PortEconomics co-director Thanos Pallis intervenes in the debate, under his capacity as Secretary General of MedCruise, in an article co-authored by Stavros Hatzakos, ΜedCruise President. The viewpoint is included in the latest Cruise & Ferries "Itinerary Planning" special report - and might be downloaded @ PortEconomics....
July 2nd, 2014
Thematic Area

The annual conference of the International Association of PortΕconomics - IAME 2014, that was held 15-18 July in Norfolk, Virginia provided to the PortEconomics team the opportunity to present the port research that they conducted over the last year. In total, PortEconomics members presented 25 different port or port related studies that progressed over the course of the last months, shaping research developments in the emerging research field of port economics, policy and management, as well as in port related studies. Over the next...
June 27th, 2014
Thematic Area

The latest trends in cruise ports in the Mediterranean and its adjoining seas were the theme of a study presented at the scientific conference "Regulation and Management in Naples Cruise Port" by PortEconomics co-director Thanos Pallis in the context of the Naples Shipping Week (NSW), was held in the Italian port city from Monday 23 June to Friday 27 June. Thanos presented a study containing a region analysis of developments in different cruise regions of the Med, a comparative analysis of major ports in the region under examination, as...
June 22nd, 2014
Thematic Area

Jean-Paul Rodrigue, member of the PortEconomics team joins CCTV America, for an interview on the global (container) shipping industry, discussing, among others, why China ruled out the P3 agreement, and what might be expected next given the presence of overcapacity and declining revenues for shipping lines. Jean-Paul's interview was given as part of the channel's coverage of the latest developments in ports in Greece and the country's decission to privatise its major ports, through a process termed by CCTV America as a 'sell-off'. You...
June 17th, 2014
Thematic Area

Can we compare throughput figures published by ports? What is the practice today and do we need global standards? In his viewpoint - published in his Port Strategy column ast 'the Analyst', PortEconomics co-director Peter de Langen recaps: 'According to the Port of Antwerp, throughput figures of different ports cannot be compared as ports do not use uniform definitions: some ports (most importantly Singapore) apparently use freight tons (metric tons or volume tons, whichever is higher). According to Antwerp's estimates, Singapore...
June 9th, 2014
Thematic Area

PortEconomics co-director Theo Notteboom gave a presentation during a high-level seminar on the 'Future perspectives for port concessions' organized by ENIDH (Escola Nautica Infante D. Henrique) in late May in Lisbon, Portugal. Theo elaborated on the increasing role of performance targets in terminal concessions, in particular through the inclusion of volume guarantees, modal split targets and environmental objectives in concession contracts. Theo's presentation was followed by a lively debate between Mr. Pedro Galvão (President of CPC),...
May 26th, 2014
Thematic Area

Incentive approaches to overcome moral hazard in port concession agreements is the subject of the recent port study conducted by PortEconomics co-director Thanos Pallis along with Grace Wang and was published in 67th issue of Transportation Research Part E, providing a game theory foundation for port concession agreements, using the incentive mechanism design. This study identifies the post contractual moral hazard problem, and provides a model involving performance-based concession fees to align successfully the Port Authorities'...
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