Viewpoints

January 4th, 2021
Viewpoints

By Theo Notteboom Scale increases in container vessel size are a well-documented and much debated topic. The search for economies of scale and the focus on cost control have pushed the container shipping industry towards the deployment of ever larger containerships. In the early days of containerisation, ships had a nominal capacity of a few hundreds of TEU. In 1988, APL was the first shipping line to deploy a post-Panamax vessel. In 1996, Maersk Line shook the market by introducing the Regina Maersk of about 7,400 TEU. Consecutive...
November 24th, 2020
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By Peter de Langen E-commerce had been growing impressively before COVID-19, with growth rates as much as 10 times higher than the growth of sales of physical stores. COVID-19 has obviously accelerated that growth. Currently, around 20 per cent of all retail sales are online, with huge differences between commodities. For books the online share is over 50 per cent, for groceries the share is, in most countries, still below five per cent. It seems fairly obvious that the rapid growth will continue once the pandemic is over, one noticeable...
November 10th, 2020
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With the cruise industry stalled and uncertainty of containers, Malaga needs to expand into other cargo areas While we may associate the circular economy with more local value chains, a recent initiative from Malaga shows that this is not necessarily the case, writes Peter de Langen - in a viewpoint first published in his column as 'The Analyst" at Port Strategy. "Malaga has developed a triple function in the used (cooking) oil supply chain activities: import port for used oil, mainly from Asia, export port of biodiesel produced with the...
November 9th, 2020
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We have the pleasure to invite you to participate in our Global Survey on Port Transparency Practices, developed by PortEconomics members Mary R. Brooks, Geraldine Knatz, Thanos Pallis and Gordon Wilmsmeier. The aim is to define the best port practices (i.e. what needs to be made visible (and to whom), and what is considered to be verifiable in what is reported) from the perspective of port authorities, port users, stakeholders, researchers, and regulators. We invite you to take 9-11 minutes to complete a fully anonymous...
October 5th, 2020
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The UK, after claiming that the EU had been holding back the development of UK’s ports, launched a UK Freeports initiative as a major instrument to shape the UK’s economic development post-Brexit  by Peter de Langen Up to 10 Freeports are foreseen. These Freeports are to be privately developed in rail, air and seaports -probably mainly the seaports- and to be selected through a competitive bidding process. The UK has launched a public consultation to develop its freeport policy. The Freeport (or freezone) model works well in a variety...
September 22nd, 2020
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The main implications of the pandemic on global logistics with a specific focus on container ports and shipping lines is the theme of a joint contribution by Theo Notteboom, Thanos Pallis and Jean-Paul Rodrigue in the 100th issue of Port Technology International. The COVID-19 pandemic led to the second global crisis since the 2009 financial crisis, which resulted in a recession in all OECD countries and most emerging economies. It fundamentally challenged the direction of future trade flows and trade arrangements. The stability...
August 26th, 2020
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By Peter de Langen The news from end of May 2020 that HHLA (Hamburger Hafen und Logistik AG) and Eurogate are holding discussions on cooperating in the container segment in northern Germany, may well mark a turning point in the German Hanseatic port development tradition, comments Peter de Langen. HHLA is the market leader in Hamburg, active internationally and in the hinterland and is listed on the stock market, but majority owned by the city state of Hamburg. Eurogate operates terminals in Bremerhaven, JadeWeserPort and Hamburg as well...
July 16th, 2020
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By Peter de Langen The COVID-19 pandemic is likely to lead to increased state involvement in the transport industry; for airlines it has already begun, writes Peter de Langen. Such state involvement is always complicated, as demonstrated by the Ryanair complaint that governments bailing out flag carriers amounts to state aid. Against this background is the news that the regional state-owned inland port company of Cologne will purchase the main European activities of Imperial logistics (the sale price is a little over €175 million, the...
May 25th, 2020
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PortStatistics of 2019 reveal the successful adaptation and growth of Med ports before the arrival of the pandemic. Article by Thanos Pallis, Aimilia Papachristou & George Vaggelas While cruise shipping and ports around the globe reassessing their future in the ‘new’ normal, PortEconomics is presenting you the top-15 ports in the Mediterranean Sea for the past year, 2019 as well as the trends comparing to 2018 and the evolution of cruise passenger movement since the beginning of the 2010s. PortStatistics of 2019 reveals the...
May 1st, 2020
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The move of DP World's parent company (Port and Free Zone World) to purchase shares traded on Nasdaq Dubai and delist the company is highly interesting, writes Peter de Langen, with his views first published in his Analyst column at @ Port Strategy. The ownership of Port Operators by Peter de Langen "The move of DP World's parent company (Port and Free Zone World) to purchase shares traded on Nasdaq Dubai and delist the company is highly interesting, If, as expected, the offer is accepted, DP World will be 100% owned by Port and Free Zone...
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