The public health emergency and ensuing major economic crisis triggered by the Covid-19 pandemic, which has had repercussions worldwide on all industrialised countries, has impacted heavily across all commodity and passenger sectors of the Western Ligurian Sea Port Authority
Total cargo volumes fell to 4,028,374 tons, a - 31.6% decrease compared to April 2019. The sharp reduction was reported across all commodity segments, from containerised cargo (-12.9%), to conventional cargo (-44%) and to total bulk which declined by approximately -45%. Passenger traffic has...News
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The Ports of Genoa, together with the maritime cluster, have identified data exchange digitalisation as strategic to the optimisation of port and terminal gate access, in line with the future integration of the Italian Port Community Systems/E-Port in the National Logistics Platform
Ports are wounded but still alive and open for business
Based on IMF alternative GDP scenarios, Drewry depicted world port handling forecast. According to the British researchers, economic damage is skewed towards western countries, but most regions will face reduced container volumes
First Steering Committee on the development of the Alessandria Inland Terminal Project. An important meeting on the future role of the rail terminal to serve the logistic requirements of the Ports of Genoa
Whilst SECH full-container terminal in the Sampierdarena basin accommodated the 14,000-TEU container vessel One Millau of the MD1 service, Med-Far East loop operated by THE Alliance, Vado Gateway welcomed for the first time the Maersk Genoa containership
Details have been released on THE Alliance’s - which groups together the major carriers Hapag-Lloyd, Ocean Express Network (ONE) and Yang Ming - reintegration of three vessels on the Asia-Mediterranean MD1 and MD2 liner services
According to IHS Markit, the European PMI (Purchasing Managers Index) fell from 26.4 in March to 12.0 in April. Not surprisingly, the decline was most severe in those countries with the greatest outbreak of the COVID-19. Thus, the PMI fell to 9.2 in Spain, 10.9 in Italy, 11.1 in France, and 17.4 in Germany. These numbers shows that Europe’s economy effectively collapsed in April
According to UK based analysts Oxford Economics, the pandemic will have a huge impact on world trade. Steep falls in industrial output will hit trade in goods hard, while the unusually service-driven nature of the emergent recession also means services trade will plummet
The European Commission has approved, under EU State aid rules, the measures prescribed by the Genoa Emergency Law in support of the shift of freight transport from road to rail in the aftermath of the collapse of the Morandi Bridge, which impacted severely upon the Port of Genoa’s inland connections.