In recent years, the transport in line with communication, liberalization, and international standardization known as the four pillars of globalisation. Maritime transport known as the backbone of the global trade as more than 90 percent of world cargo, in volume, in carried by sea. Among all transport modes, shipping is the most cost-effective way of… Read more »
Mary Brooks was recognised with the Onassis Prize 2018 in the field of shipping – and PortEconomics proudly presents its readers the lecture she delivered during the presentation of the 2018 Onassis Prizes, at the Guildhall in the City of London on Monday 24th September 2018, as well as two of her past works on port governance… Read more »
The European Commission and the High Representative of the Union for Foreign Affairs and Security Policy adopted a Joint Communication that sets out the EU’s vision for a new and comprehensive strategy to better connect Europe and Asia. The Joint Communication builds on the European Union’s own experience of enhancing connections between its Member States,… Read more »
FW’s Matthew Gore examines the implications of new virtual security regulations The importance of cyber security to the maritime transport sector was brought into sharp focus in June 2017 when the ‘NotPetya’ malware attack struck organisations in more than 60 countries worldwide, including many prominent organisations within the maritime transport sector. Incidents such as this… Read more »
The Transport Committee of the European Parliament supported yesterday the removal of tax barriers for the uptake of shore-side electricity supply (OPS) in ports for ships at berth. The Ertug report on the deployment of infrastructure for alternative fuels in the EU which was voted by the Transport committee pointed out that taxation has a… Read more »
The European Commission is reviewing the Atlantic Strategy Action Plan in cooperation with the five countries involved (Spain, Portugal, France, UK and Ireland). A series of working sessions are being organized to promote the consultation on the future of the Atlantic Strategy and the corresponding Plan of Action. The working session in Portugal is jointly… Read more »
Associated British Ports (ABP) will be working with a digital logistics enabler to create one of Europe’s first detailed pilot programmes to use blockchain technology to improve port connectivity. The agreement with Marine Transport International (MTI) will see ABP participating a blockchain solution to improve shipments efficiency. “This MOU with MTI is a demonstration… Read more »
Yuzhny port is readying itself for larger bulk carriers with the aid of Chinese-led dredging. Stevie Knight reports. Ukraine’s Yuzhny port is targeting a draft that will make it the deepest facility in the whole of the Black and Asov seas region. The long-term aim of Yuzhny is to be a hub on a competitive,… Read more »
Greek assets body the Hellenic Republic Asset Development Fund plans to launch the third privatisation phase of 10 ports across Greece in autumn, with priority on four in Northern Greece, three in Attica as well as ports in Patra, Volos and Heraklio. The third phase follows the sale of the Thessaloniki Port Authority to… Read more »
Downing Street is refusing to consider proposals to have EU officials stationed at British ports serving Ireland, intended as part of a solution to the problem of the Irish border after Brexit. The compromise plan, which is under consideration by Ireland and Brussels, is aimed at “de-dramatising” the Irish border issue and reflects the fact… Read more »
