Port of Antwerp-Bruges’ Post

Port of Antwerp-Bruges concluded 2024 with +2,3% growth. Want to find out more about specific market segments? Then dive into the specifics via the link in this post:

Despite geopolitical tensions and a turbulent economic climate, our Port of Antwerp-Bruges concludes 2024 with a +2.3% growth, reaching a total throughput of 278 million tons. 📈 A significant increase in container volumes indicates resilience and great collaboration within the port during challenging times. Curious about the projects and figures for 2024? 📊 Discover what’s happening in our port in our brand-new annual report on annual report #AnnualResults #FactsAndFigures

🚢The Red Sea shipping crisis disrupts 30% of global container traffic, with attacks causing a 50% decrease in Suez Canal traffic. Longer routes increase CO2 emissions and freight costs, impacting economies and port activity. Policymakers face the challenge of adapting to these disruptions. The trend towards re-shoring, near-shoring, and friend-shoring presents opportunities for countries close to major economic blocs. Cooperation at the international level remains essential to navigate these troubled waters and minimize the economic and environmental fallout. #RedSea #ShippingCrisis #GlobalTrade 🌍

I commend our team for their excellent work in the compelling blog "Navigating troubled waters: The Red Sea shipping crisis and its global repercussions." Here are some highlights: - The Red Sea is a critical maritime route, accounting for 30% of global container traffic. - The conflict in the Middle East has disrupted maritime activity, cutting Suez Canal traffic by half and doubling navigation via the Cape of Good Hope—escalating CO2 emissions and contributing to global inflation. - The current crisis is not just a regional concern but a global one, with significant implications for trade, the environment, and the economy at large. - This analysis is not just about presenting challenges; it's about identifying opportunities amidst adversity. The global trend towards re-shoring, near-shoring, and friend-shoring presents opportunities for growth, particularly for North African countries that can offer an attractive investment climate. I invite you to read the full blog and join the conversation: https://shorturl.at/lopBC #RedSeaCrisis #GlobalTrade #EFIMENA #WorldBank

Work is finally underway on France’s Seine-Nord Europe Canal (SNEC), a major new European trading route that promises to boost the bloc’s economic fortunes. When it is completed in 2030, the massive 107km infrastructure project will significantly increase the capacity for cheaper, faster and less polluting river trade between France, Belgium, and the Netherlands. As it stands, the smooth flow of commerce between the three nations is being frustrated by the limited capacity of the narrower Canal du Nord. The antiquated river system struggles to cope with the new generation of super-sized cargo ships powering international trade. https://lnkd.in/dy7MySdm

Canal disruptions and the emergence of new energy trade routes | Geopolitics and climate have emerged as the two wildcards impacting the world’s busiest trade chokepoints, i.e. the Suez and Panama Canals. Daily shipments through the Suez Canal in the Red Sea have dropped by 50% since January 2024, while Panama Canal transit restrictions have led to a 32% decline since October 2023. https://ow.ly/qXZY50TSpYV #shipping

🟥 THE MULTI-HAZARD RISKS TO GLOBAL PORT INFRASTRUCTURE AND TRADE 🟥 Global port infrastructures face significant multi-hazard risks that directly affect international trade and logistics. Here’s how natural disasters are reshaping our approach to managing these critical assets: Widespread Exposure: 86% of global ports are exposed to more than three different natural hazards, highlighting the extensive vulnerability of our shipping and logistics hubs 🌊🌪️ Economic Impact: Annually, port-specific risks amount to $7.5 billion due to physical asset damages and logistic disruptions, with tropical cyclones accounting for 32% of these risks ⚠️💸. Trade at Risk: Each year, $63.1 billion worth of global trade is jeopardized by natural disasters, affecting not just local economies but also international market dynamics 📉🌍. Understanding and mitigating these risks are crucial for sustaining global commerce and supporting resilient economic growth. Let’s discuss strategies for enhancing port resilience in the face of increasing natural disaster risks. #SupplyChains #NaturalDisasters #GlobalTrade #PortResilience #EconomicImpact CEL Demand Supply Alignment www.cel-consulting.com #CEL #Demand #Supply

Canal disruptions and the emergence of new energy trade routes | Geopolitics and climate have emerged as the two wildcards impacting the world’s busiest trade chokepoints, i.e. the Suez and Panama Canals. Daily shipments through the Suez Canal in the Red Sea have dropped by 50% since January 2024, while Panama Canal transit restrictions have led to a 32% decline since October 2023. https://ow.ly/VFTy50TSpYU #shipping

Interesting Magdy Aly Maritime Trade: Navigating Global Challenges Key Insights - Strategic chokepoints face increasing disruption - Geopolitical tensions impact global shipping routes - Decarbonization becomes critical for resilience Quick Facts - Vessel rerouting increases shipping demand by 3-12% - Freight rates potentially raising consumer prices - 50% of new vessels now alternative-fuel capable Strategic Focus - Diversify shipping routes - Invest in green technologies - Enhance international collaboration Critical Takeaway Adaptability and sustainability are essential for future maritime trade networks.#MaritimeTrade #GlobalLogistics #Sustainability

In May 2024 I presented at the Asian Development Bank Transport Forum 2024 in Manila. Session - Asia & The Pacific Development of Green Ports and Green Shipping. The focus was looking towards 2050, where the global shipping industry has agreed on objectives to decarbonize the port and shipping industry. Focusing on options to decarbonize transport, policy objectives worldwide form an important mandate from which to tackle climate and environmental-related challenges.