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PortStudies
The Red Sea Crisis: ramifications for vessel operations, shipping networks, and maritime supply chains
PortEconomics member Theo Notteboom joins Hercules Haralambides and Kevin Cullinane in their latest editorial for the scholarly journal Maritime Economics and Logistics, which addresses the Red Sea Crisis and its major disruption affecting the dynamics of ports shipping and related maritime supply chains. The attack of Hamas on Israel on October 7, 2023, and the military response of the latter in Gaza have made news headlines for much of the last quarter of 2023 and early 2024. The international community has attempted to prevent the...
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Big news: the restructuring of liner shipping alliances
Big news from the container shipping market, and this time not related to the Red Sea Crisis. Hapag-Lloyd will leave THE Alliance and start a partnership with Maersk under the name 'Gemini Cooperation' from February 2025 onward, immediately after the conclusion of our current 2M Alliance. Their new network will cover 7 trades: Asia / US West Coast, Asia / US East Coast, Asia / Middle East, Asia / Mediterranean, Asia / North Europe, Middle East – India / Europe and Transatlantic. The Network will comprise of 26 mainline...
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International freight transport: exports no longer China’s Achilles heel
In the anniversary magazine ’10 years of Flows’, PortEconomics member Theo Notteboom highlights trade between the West and China in an interview with Flow's editor-in-chief Koen Dejaeger. These flows of goods form the backbone of container traffic in the world today. How did they originate, and how will they evolve as geopolitical tensions mount? The role China has played in the development of international freight transport cannot be overstated. Today, the geopolitical power blocs are increasingly opposing each other; a tense...
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Conversation: rethinking port economics
PortEocnomics members Gordon Wilmsmeier and Jason Monios will be hosted at @ Connecting Ports - The Live Talk Show by HPC Hamburg Port Consulting GmbH this Wednesday - 13th December @14:00 CET (08:00 Colombia - GMT). Why should we rethink port economics? Are we ready to "finally" internalize external costs? Why should we explore degrowth scenarios? We live in an environment where disruptive and less controllable events are becoming more common. We argue that traditional concepts that aim to overcome disruptions and return to business as...
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Container terminal automation: a global analysis on decision-making drivers, benefits realized, and stakeholder support
The METRANS Transportation Center has released the full study on "Container Terminal Automation" developed by PortEconomics members Geraldine Knatz, Theo Notteboom & Thanos Pallis In the past decade, container terminal automation has become a key theme in terminal development and operations. The progressive introduction of semi- and fully-automated terminal systems is driven, among other reasons, by the need for operations standardization, reduction in manning and increase in productivity. Yet, only certain terminals will fit the...
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Americas 1H2023: Is port activity accelerating or decelerating?
By Ricarod J Sanchez The world economy continues to show signs, sometimes contradictory, of both recovery and decline, which extend over time. Uncertainty and volatility have become part of normalcy because of a succession of crises. The pandemic crisis was a human, social and economic scourge of enormous magnitude at a planetary level, and its effects have yet to disappear completely. Moreover, the health emergency was compounded by the intensity of climate phenomena -such as the recent droughts-, the growing geopolitical tensions,...
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Top-15 container ports in European Union in 2022
PortEconomics co-director Theo Notteboom compiled a list of the top 15 container ports in the European Union (EU) in 2022 based on the container throughput in TEU and analyses the findings. "While the ranking of the top 15 container ports in the European Union (EU) in 2022 based on the container throughput in TEU might be a mere distraction from other major port-related themes such as sustainability, energy transition, and supply chain resilience, the table provides more insight on the EU container port landscape: The...
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Circular economy indicators for ports
Based on earlier exploratory research, PortEconomics members Elvira Haezendonck, Michael Dooms, and Peter de Langen, P. join Lynn Faut and Fanny Soyeur, in a port study on how best to ensure a circular strategy implementation by world ports. The study recently published in the Journal of Maritime Transport Research focuses on developing a comprehensive set of relevant and feasible circular economy (CE) indicators to support port managing bodies (PMBs) and port stakeholders in monitoring the ongoing CE transition. Through...
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