2023 IAPH World Ports Conference: Reinventing Ports
Fri, 02/24/2023 - 06:23

Ports have reached a pivotal stage in their evolution. Operating purely as landlords of terminal and industrial concessions is no longer a guarantee of economic growth and prosperity. They must evolve and adapt to remain relevant. End-to-end maritime supply chain conglomerates are emerging with no fixed ports of call. Record profits for oil and gas majors, shipowners, terminal operators, and overland logistics players combined with weakening global demand means that port authorities can no longer negotiate their interests from a point of strength. Importers and exporters are demanding better cargo visibility from ports. Digitalisation is accelerating to a point where if ports remain unengaged, their role in the supply chain will dwindle. Ports will only become part of the maritime energy transition if they can attract the public-private investments needed to create the infrastructure for zero carbon fuels, half of which will need to be transported by ship from the new exporting countries ...

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