The association between ports and manufacturing has constantly evolved through technological and economic changes. Prior to containerization, there were strong linkages between ports and heavy industrial activities, and indirectly with lighter forms of manufacturing.
Smart ports is a topical theme in the maritime industry as ports, terminals, shipping and the logistics chain seek to understand and take advantages of technology to improve the productivity of all aspects of their businesses.
While recent political events including a potential Trade War prompted by the US President have focussed attention on customs and tariffs, a report to the World Economic Forum concluded that, ‘there are far more significant
impediments to trade than tariffs’.