Technical Papers - Finance
China has proposed a new silk route, commonly referred to as ‘One Belt One Road’ (OBOR). What does it mean, what are its consequences and what does it mean for the European ports system? This article will provide some answers to these questions. It will also provide some recommendations for European policy-makers.What is needed is a real reflection on the EU ports system. Which ports are needed for which amounts of cargo and which types of ships; which investments are needed where, and equally important: where not to invest? OBOR provides a unique opportunity to reflect on creating more focus, coherence and value in the European ports system.
In the early aftermath of Brexit, the International Monetary Fund (IMF) published its new World Economic Outlook (WEO), where the organisation revised its previous growth forecast published in April. The global growth outlook for 2016 and 2017 has been reduced and according to the IMF, the deterioration reflects the uncertainty of Brexit’s economic consequences. The IMF does not expect he combined growth for the emerging markets and developing economies to be affected. Their projection remains at the same levels as in the April WEO – a growth of 4.1% in 2016 and 4.6% in 2017. As the emerging markets rely on commodities as their main trade, this will not add to the headache for the currently depressed dry bulk shipping industry.
TBA is proudly celebrating ‘10 years CONTROLS’. In a series of articles, The Journey of CONTROLS will take you around the world, bringing you to various terminals who are using emulation and sharing their stories. In this second episode, we will write about the usage of CONTROLS at DP World (DPW) Antwerp
East Africa has long been marginalised as a somewhat less significant part of the global container industry, with inadequate capital investment in infrastructure leading to the majority of cargo being transhipped over Red Sea or Middle East Gulf ports such as Jebel Ali, Salalah or the Indian Ocean Islands
Whilst port infrastructure is crucial to the advancement of local and national economies, the fact remains that port infrastructure procurement; development and operations are costly both towards the capital expenditure needed to develop the assets, as well as the operating costs generated by running the assets.