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Port Investment and Container Shipping Markets

Santiago, Chile, 7-8 November 2013

Chair
Mary Brooks, Dalhousie University, Nova Scotia, Canada


Summary and Conclusions

Port Investment and Container Shipping Markets: Roundtable Summary and Conclusions
Mary R. BROOKS, Dalhousie University, Canada, Thanos PALLIS, University of the Aegean, Greece and Stephen PERKINS, International Transport Forum,  France
Discussion Paper No 2014-03, April 2014
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Papers and Presentations

Liner Shipping Markets, Networks and Strategies. The implications for port development on the West Coast of South America. The case of Chile
Gordon WILMSMEIER, Economic Commission for Latin America and the Caribbean (ECLAC)
Discussion Paper No 2013-22, November 2013
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Puerto de Gran Escala - The case for a new container terminal in central Chile
Alexis MICHEA, Ministry of Transport and Telecommunications, Chile
Discussion Paper No 2013-20, October 2013
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Efficient Hinterland Transport Infrastructure and Services for Large Container Ports
Michele ACCIARO, Alan MCKINNON, The Kühne Logistics University (KLU), Hamburg, Germany
Discussion Paper No 2013-19, October 2013
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Puerto de Gran Escala - Issues on Project Structure, Financing and Risk Allocation: The Chile Case
Jose Luis Guasch, University of California, San Diego & George Washington University, USA
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Presentation of the San Antonia Port Authority
Empresa Portuaria San Antonio
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Presentation of the Valparaíso Port Authority
Empresa Portuaria Valparaíso
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Summary
Decisions to invest in new container ports are made not only in relation to forecast demand for local containerised trade but also in the broader context of evolving maritime transport markets, competition between ports and the development of port hinterland transport infrastructure and community policy towards port traffic. A major expansion of port capacity is planned in the central region of Chile, as demand for container traffic is forecast to rapidly outstrip the capacity of existing and committed facilities at the current pace of economic expansion of the national economy. This coincides with the prospect of major change in global shipping markets when enlargement of the locks in the Panama Canal to accommodate a tripling of vessel size to 12 600 TEU is complete in 2014. Even larger ships, of 18 000 TEU capacity, are now being introduced on the busy Asia-Europe routes, displacing new-Panamax size vessels onto routes currently operated by smaller vessels, with a cascade effect across many markets. Not all routes will be served by very large vessels but the ability to accommodate very large ships has to be considered in planning new port developments, especially where there is likely to be competition between ports. In this environment, aggressive yet sensible port planning is key to the sustained economic growth of an exports-driven economy such as Chile’s.

The International Transport Forum Roundtable on Port Investment and Container Shipping Markets planned jointly with the Government of Chile will examine the broader issues that influence the development of container transport, focusing on the plans developed for expansion of port capacity in central Chile. Discussions will be structured around four papers examining the broader issues.


Related Information

Integration and Competition between Transport and Logistics Businesses - Roundtable 2009

Port Competition and Hinterland Connections - Roundtable 2008

Evolution of shipping networks: Current challenges in emerging markets by Gordon Wilmsmeier Á Ricardo J. Sánchez in Zeitschrift für Wirtschaftsgeographie. Vol 54, no 3-4, 2010.

Port System Evolution: The Case of Latin America and the Caribbean by Gordon Wilmsmeier, Jason Monios & Gabriel Pérez. Paper prepared for International Association of Maritime Economists Conference, 3-5 July 2013, Marseille.
 
Liner shipping networks and market concentration by Ricardo J. Sanchez and Gordon Wilmsmeier in International Handbook of Maritime Economics, 2011

Issues in PPPs in Ports in India by G Raghuram, Indian Institute of Management, Ahmedabad 

Port Development by G Raghuram, Indian Institute of Management, Ahmedabad 

Competition in Ports and Port Services.   OECD, Directorate for Financial and Enterpise Affairs. Competition Committee, 2011