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The 2M breakup; (how) will it affect ports?
Comment by PortEconomics member Peter de Langen: The 2M breakup in 2025, announced recently, came a bit as a surprise, though especially Maersk portrays it as a logical consequence of their integrator strategy. This integrator strategy implies a focus on providing a larger bundle of services than just shipping. As a consequence, Maersk needs to control its operations to be able to offer reliability and being able to adjust to disruptions that may emerge. Maersk has been able to grow their integrator volumes substantially the last few...
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The future of alliances: impediments for liners involved
"MSC Mediterranean Shipping Company and A.P. Moller - Maersk announced they have mutually agreed to discontinue the 2M alliance, set to end in January 2025. This implies that the 10-year agreement which was signed in 2015 will not be extended. In a presentation on the future of #alliances in container shipping delivered on May 10, 2022, during the FIATA International Federation of Freight Forwarders Associations "Market Structure and Maritime Competition" Webinar Series, PortEconomics co-director Theo Notteboom already...
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The Analyst: Maersk Line’s clean fuel efforts; gaining competitive advantage through moving early?
By Peter de Langen Maersk is clearly an early mover when it comes to transitioning to clean fuels. It has decided to opt mainly for green methanol and has now 19 ships with dual fuel engines capable of sailing on methanol on order. In addition, Maersk is focusing on securing the supply of green methanol, and currently has 7 partnerships with clean methanol providers in various continents. However, even with these seven, Maersk is still short on methanol fuel supply; the agreements will generate over 1 million ton of methanol, but Maersk...
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GREPORT2022- report on Greek ports
GREPORT 2022, the fourth edition of the biannual report on Greek ports, is now available to download freely (in Greek). The report contains sections on: The latest developments in Greek port policyCargo throughput trendsConnectivity of Greek container ports in the global shipping networks.Passenger movementsFinancial standing of Greek portsDevelopments per major port and terminal operator. Short, medium and long-term comparisons are accompanied by analyses and indexes per port market. The report has been produced by PortEconomics...
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PortGraphic: Fleet capacity of top two liners
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...
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London Gateway: the steady private development of a ‘port business ecosystem’
"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...
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10 PortEconomics members in global 2% highest ranked scholars in Logistics & Transportation
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,...
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Greek ports: Connectivity upgrades their role in international maritime trade
by Thanos Pallis & George Vaggelas Greek ports experience eventful times. While they have successfully managed to sustain operations in conditions of lockdowns and covid-related restrictions, the pandemic outbreak has been followed by severe disruptions and changes in maritime supply chains. Lines shipping itineraries and models for serving the global economy are revisited generating prospects and challenges. Private operators and owners of the two major Greek ports, Piraeus and Thessaloniki, and public authorities...
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