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Port Investment and Container Shipping Markets: Roundtable Summary and Conclusions

Author

Listed:
  • Mary R. Brooks

    (Dalhousie University)

  • Thanos Pallis

    (University of Aegean)

  • Stephen Perkins

    (OECD)

Abstract

Ports around the globe are planning expansions to respond to the growth of containerised maritime trade and to the development needs of their hinterland economies. Following the dip in trade induced by the 2007-2008 financial crisis, global volumes are on the rise again (Figure 1), driven by growth in the emerging economies. Growth in trade will be supported by the WTO Trade Facilitation Agreement signed in Bali in December 2013 and expanding container port capacity is again a pressing issue in many locations. Inadequate container port infrastructure can be a severe logistics bottleneck and a constraint on growth. Efficiency and capacity need to increase in step with demand. At the same time port policy makers and container terminal operators have to match capacity to demand carefully to avoid costly overinvestment, a task complicated by rapid technological change in liner shipping markets with the introduction of larger vessels, rising fuel prices and restructuring through mergers and alliances.

Suggested Citation

  • Mary R. Brooks & Thanos Pallis & Stephen Perkins, 2014. "Port Investment and Container Shipping Markets: Roundtable Summary and Conclusions," International Transport Forum Discussion Papers 2014/3, OECD Publishing.
    • Handle: RePEc:oec:itfaab:2014/3-en
    DOI: 10.1787/5jz40rjtw622-en
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    Cited by:

    1. Pierluigi Zerbino & Davide Aloini & Riccardo Dulmin & Valeria Mininno, 2019. "Towards Analytics-Enabled Efficiency Improvements in Maritime Transportation: A Case Study in a Mediterranean Port," Sustainability, MDPI, vol. 11(16), pages 1-20, August.
    2. Natalia Wagner & Izabela Kotowska & Michał Pluciński, 2022. "The Impact of Improving the Quality of the Port’s Infrastructure on the Shippers’ Decisions," Sustainability, MDPI, vol. 14(10), pages 1-22, May.
    3. Rashed, Yasmine & Meersman, Hilde & Sys, Christa & Van de Voorde, Eddy & Vanelslander, Thierry, 2018. "A combined approach to forecast container throughput demand: Scenarios for the Hamburg-Le Havre range of ports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 117(C), pages 127-141.
    4. Hidalgo-Gallego, Soraya & Núñez-Sánchez, Ramón & Coto-Millán, Pablo, 2021. "Strategic interdependence in capacity expansion: A spatial analysis for port infrastructure services," Transportation Research Part A: Policy and Practice, Elsevier, vol. 143(C), pages 14-29.
    5. Dmitri Muravev & Aleksandr Rakhmangulov & Hao Hu & Hengshuo Zhou, 2019. "The Introduction to System Dynamics Approach to Operational Efficiency and Sustainability of Dry Port’s Main Parameters," Sustainability, MDPI, vol. 11(8), pages 1-21, April.

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