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March 29th, 2023
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The sea–sea transhipment of containers between vessels has become a key part of the container handling activities in the global maritime shipping network constituting 25.8% of the worldwide container port throughput in 2017 (Drewry Shipping Consultants, 2018). Since the 1990s, the global port system has seen the development of pure transhipment hubs close to interoceanic passages (Straits of Malacca, Suez Canal, Panama Canal, etc.) and port sites at other strategic maritime locations. Some regional markets, such as the Mediterranean...
December 15th, 2022
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Survey data also confirms shortage of trucks and truck drivers in some regions, bulk cargo growth, overall improved hinterland connectivity, some increases in inland warehouse utilisation, and a record cruise season expected for the main regions The 3rd edition of the IAPH World Ports Tracker has been published this week, authored by Theo Notteboom and yours truly. For the first time, it combines S&P Global container terminal performance data for the third quarter of the year with survey responses from the...
December 8th, 2022
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The container shipping fleet has seen strong growth over the past few decades to accommodate rising world trade volumes. Carriers have expanded their fleet through organic growth (such as MSC), or through a combination of organic growth and M&A activity (such as Maersk). At present, the top 20 container carriers operate a fleet capacity (owned and chartered) of about 24 million TEU. The PortGraphic, prepared by PortEconomics co-director Theo Notteboom points to some striking facts about the spectacular growth in the...
December 4th, 2022
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Preparing cruise lines, ports and destinations for the next day of cruising. This is the theme of the latest study by PortEconomics members Thanos Pallis,  Gordon Wilmsmeier and Giovanni Satta, to be published as the introductory article of a thematic volume of the scholarly journal Research in Transport Business and Management. "The outbreak of COVID-19 was the first consequential crisis of a major scale that modern cruise shipping faced. In February-March 2020, COVID-19 outbreaks associated with three cruise ship voyages caused...
November 15th, 2022
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PortEconomics presents the list of the top 15 #container #ports in the #European #Union, prepared by PortEconomics member Theo Nottteboom. The table shows the container throughput in TEU for the first nine months of 2022 (unless mentioned otherwise) and the growth in 2021. While the ranking 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 into the EU container port landscape. The year 2021 brought...
October 31st, 2022
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White Paper on port integrity reveals insights into the importance of port integrity commitments for better maritime supply chains, the development of the Global Port Integrity Platform (GPIP), the challenges encountered during the research process and some findings on port integrity commitment levels. The discussion details and justifies the call for collaborative and sector-driven action for increased transparency and integrity in ports and a better overall operating environment. The Maritime Anti-corruption Network (MACN) launched the...
October 30th, 2022
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"DP World, the developer of London Gateway, made two recent announcements, signalling the steady development of the London Gateway port business ecosystem" - comments Peter de Langen in his "Analyst" column in Port Strategy "First, it will invest around £350 million in a fourth berth project, which will increase London Gateway’s capacity by a third. This will enable London Gateway to continue increasing volumes and continue increasing its share of the UK market. Second, DP World announced that work has begun on a new speculative...
October 17th, 2022
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PortEconomics members received a welcomed acknowledgment by a report ranking 10 members of the team in the list of the best in the academic world per research field. Since its establishment, PortEconomics has provided freely accessible research, education, information, and network-building material on critical issues of port economics, management, and policies. The initiative is developed and empowered by the members of the PortEconomics group, including scholars from all parts of the world.   Last week,...
October 13th, 2022
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For centuries shipping has been the backbone of global trade. Now, at a new turning point in mankind´s history, traditional economic practices and interactions are increasingly being challenged. As for the shipping sector, in particular, a growing gap can be felt between the ‘reaction time’ needed to implement new competitive yet sustainable business strategies, and the frequency and velocity of change in the systems. KLU and Hapag-Lloyd invite you to a Reception and Symposium “Transitions: Readiness and challenges in the shipping...
September 21st, 2022
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In recent years we have witnessed the reformulation of Port Authority strategies, intending to serve better a growing maritime trade and increased demands for resilience and sustainability of maritime supply chains. Among the adjustments taking place is the advancement of collaboration between the managing entities of ports and, more recently, the expansiofn of Port Authority mergers, mostly involving ports in proximity. Today, port mergers at the national or regional level can be found worldwide. Some concern ports of similar sizes, such as...
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