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  • March 5th, 2021
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Disruptions and resilience in global container shipping and ports: covid-19 pandemic vs. 2008-2009 financial crisisCategory

Disruptions and resilience in global container shipping and ports: covid-19 pandemic vs. 2008-2009 financial crisis

January 5th, 2021 Category, Containers, Featured, Ports & COVID-19, PortStudies, Thematic Area, Uncategorized

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Top 15 containers ports in Europe in 2020
Top 15 containers ports in Europe in 2020
GREPORT 2020: all about Greek ports
GREPORT 2020: all about Greek ports
PortGraphic: how big is the Antwerp-Zeebrugge merger?
PortGraphic: how big is the Antwerp-Zeebrugge merger?
An exploration of social license to operate (SLTO) measurement in the port industry: the case of North America
An exploration of social license to operate (SLTO) measurement in the port industry: the case of North America

In their latest port study, PortEconomics members Theo Notteboom, Thanos Pallis and Jean-Paul Rodrigue investigate the temporal and spatial sequences of the supply and demand shocks of COVID-19 on container ports and the container shipping industry by comparing these events to the 2008-2009 financial crisis.

Economic shocks test the resilience and adaptability of the shipping industry and container ports. Each crisis triggers different ramifications in the container market. Using operational and financial data from primary and secondary sources, the study, which is published in the acclaimed scholarly Journal Maritime Economics and Logistics (MEL) analyses the short-term impacts and their differences, the reasons for these variations, and the evolution in the adaptive capacity and resilience of ports, terminal operators, and carriers.

You might download the authors’ version of the study here

The analysis revolves around several inter-related domains: impacts on global supply chains; impacts on operational aspects, market structure, and strategic behavior of shipping lines and terminal operators; impacts on port activity levels in terms of vessel calls and container volumes handled; and network impacts in terms of changes in aspects of container port connectivity.

The changes observed, and the strategic behavior of the market players involved reveal that further, adaptation mechanisms such as slow steaming, economies of scale, and capacity management have been applied differently between the financial crisis and COVID-19, resulting in different outcomes. For an external shock such as COVID-19, impacts are the outcome of how ports and the shipping industry fit within complex supply chains and the cargo composition handled by ports.

To read the final version of the study visit the Jounal’s webpage

Theo Notteboom, Thanos Pallis, Jean-Paul Rodrigue are the authors of the book Port Economics, Policy and Management, to be published in 2021 by Routledge. For an extended preliminary version visit the companion website: www.porteconomicsmanagement.org.

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Top-20 cruise ports in the Med, 2010-2019
https://vimeo.com/421473720?loop=1
Evolution of container volumes in European ports, 1985-2018
https://www.youtube.com/watch?time_continue=4&v=7oAfZCtiPrY
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Mar 5th 8:55 AM
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An exploration of social license to operate (SLTO) measurement in the port industry: the case of North America

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Top 15 containers ports in Europe in 2020

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Feb 27th 8:52 PM
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Feb 23rd 2:45 PM
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The Analyst: a strategic plan, it may tick all the boxes but is it radical enough?

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