Monday, July 11, 2016

Brexit threatens EU port throughput statistics

In Port News 11/07/2016
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The announced Brexit – Britain’s exit from the European Union – will have a very visible impact on EU port throughput statistics, according to award-winning port economist Theo Notteboom.
Currently, UK ports handle about 14% of the total EU port throughput, while the country’s share in total EU population and EU GDP amounts to 12.8% and 17.6% respectively.
Mr Notteboom said that UK ports are particularly important in the ro-ro business as a result of the many cross-channel ferries, services to Ireland and within the UK, and ro-ro lines to the rest of Europe.
The UK’s share in liquid bulk cargo, meanwhile, amounts to 15.6%. Additionally, just over 9% of total EU container throughput passes via UK ports, he said.
Mr Notteboom has more than 20 years of experience in port-related research and education. In addition to holding a number of professorships, he is chairman of the Board of Directors of Belgian Institute of Transport Organizers; co-director of the PortEconomics initiative; and contributor to the OECD, the European Sea Ports Organization and other leading organisations in the field.

Source: Port Strategy