Ports & COVID-19

April 3rd, 2020
Ports & COVID-19

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...
March 31st, 2020
Ports & COVID-19

With COVID-19 turning port lives upside down, the European Sea Ports Organisation (ESPO),  has launched a weekly briefing of its membership throughout Europe on the latest developments – inviting PortEconomics members that have contributed to the life of the association to provide thoughts and reactions. Peter De Langen is the first to contribute, with a column on how the recent might accelerate some trends that were already visible in the port world prior to the crisis. The return of business as usual after corona? by Peter De...
March 29th, 2020
Ports & COVID-19

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...
March 23rd, 2020
Ports & COVID-19

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...
March 21st, 2020
Ports & COVID-19

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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