No Match Found
The CEE region includes 30 countries in Central and Eastern Europe and Central Asia that encompass over 400 mln people. CEE region has access to more than 93 sea ports. Region’s throughput at sea ports reached almost 1.5 bln tons in 2019 with annual growth of over 4% through the past five years.
Hello everyone! Our team is delighted to present the 2nd edition of the “Sea Port Development on the Cross-Roads of International Routes” report.
As the modern globalised world faces challenges of 2020 we find it crucial to provide the business community with an overview of key deals, development opportunities and trends in the region.
To secure a thorough and complete picture we extended this edition with an overview of the Greek ports, explored transportation and global operators development and covered one of the most prominent trends: the future of port digitalization.
We hope you will enjoy the reading.
Economies in Central and Eastern Europe develop faster than the overall region’s average. Shipping market players have streamlined their logistics chains through key distribution centres in the region. Ports on the Black Sea, Aegean Sea and Adriatic Sea are developing in response to market demand and attracting investment from global companies.
Also, stricter environmental requirements for ports and higher fuel costs increase the attractiveness of routes that terminate in the Mediterranean Sea.
Oversupply in the container transportation market has resulted in lower margins and market consolidation over the past few years. Alliances and hybrid companies have appeared, that combine carriers, port terminals and logistics companies and invest in hinterland infrastructure and inland ports.
Digitalisation is one of the most prominent changes in the transportation and logistics industry. The Smart Port concept has become one of the key technology trends. Bringing all players of the global supply chain into a single network of smart ports will enable instant data exchange and effective decision making, and can help to ease the burden on the port management to diversify their supply chains.
In the longer term, the Smart Port Network would consolidate several types of transport and enable participants to reduce costs, increase cargo delivery speed, become more competitive and enhance their readiness to adopt further innovations.
You can find more insights on the key trends, investment opportunities and examples of successful digital transformations in the second edition of our report ‘Sea Port Development on the Cross-Roads of International Routes’ (available for free).
Port industry is facing various challenges due to the restrictions caused by COVID-19. Yet, there are sustainable trends and high-potential development areas that are expected to gain momentum.