Ports & COVID-19
Ports & COVID-19
Ports & COVID-19
First edition of COVID19 port economic impact barometer confirms cargo build up at some ports
New IAPH-WPSP Weekly Port Economic Impact Barometer reports steady overall port cargo volumes last week with some dips, and significantly reduced passenger and cruise vessel calls. Dockworker availability has been impacted but not hampering operations, while the majority of non-essential port personnel are teleworking from home. As a further step to regularly inform ports and port users with its World Ports COVID19 Information Portal, the first weekly results of the World Ports Sustainability Programme’s (WPSP) Port Economic Impact...
Ports & COVID-19
PortGraphic: COVID-19 cargo concentration pattern Hamburg-Le Havre range
By Theo Notteboom It is early days to estimate the ramifications of #covid-19 on ports. Still, past crises reveal interesting facts. The graph shows the impact of past crises on cargo concentration in the Hamburg-Le Havre port range in Europe. The orange line gives the combined market share (basis=TEU) of the three largest ports in the range, Rotterdam, Antwerp & Hamburg. The blue line depicts the Herfindahl-Hirschman Index (HHI) for the range. HHI is a concentration measure: the higher the index the more cargo is concentrated in...
Ports & COVID-19
PortGraphic: when will cruise resume?
Cruise lines have responded to the outbreak of the COVID-19 pandemia with the socially responsible decision to cease operations. But when does cruise intend to return to operation? Monitoring and analyzing cruise lines plans and intentions to days to operation, PortEconomics members Thanos Pallis, Aimilia Papachristou and George Vaggelas provide an informative PortGraphic - facilitating cruise lines, ports and destinations to avoid 'info-demia' and start thinking their future approaches. The data detailed in the PortGraphic are based on...
Ports & COVID-19
PortGraphic: (expected) cruise capacity in operation
With cruise lines having their return plans announced, our new PortGraphic presents the expected evolution of this return process. The data suggest that 22% of the global cruise global fleet capacity intents return by the 1st of May. A further 55% has expressed the intention to return to operations by the 11th of the same month. A total of 303 cruise vessels of a 423.765 passengers capacity plans to be back in business on this day, As of today, 98% of the cruise fleet pax capacity will sail the seas at the end of May, with only few...
Ports & COVID-19
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...
Ports & COVID-19
European ports: the return of business as usual after corona?
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...
Ports & COVID-19
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...
Ports & COVID-19
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...
Ports & COVID-19