Maritime Trade and Transport - HWWI
Maritime Trade and Transport - HWWI
Maritime Trade and Transport - HWWI
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<strong>and</strong> have consistently modernized <strong>and</strong> exp<strong>and</strong>ed their facilities <strong>and</strong> capacities. Comple men -<br />
tary industries <strong>and</strong> service providers have settled in the proximity of the ports, making harbors<br />
into an important economic factor in their regions, above <strong>and</strong> beyond their role in trade.<br />
More recently, the volume of world commerce <strong>and</strong> modern logistical concepts have also lent<br />
an economic significance, especially to today’s large ports, that extends beyond the borders of<br />
the city or region. In the international movement of goods, they function as collection <strong>and</strong><br />
distribution centers that link the world’s trade regions. The expected ongoing expansion in<br />
world trade up to the year 2030 will, in its wake, make port economics into one of the business<br />
sectors that will maintain healthy development perspectives in the coming decades.<br />
This study deals with the development of cargo shipping <strong>and</strong> the related effects on ports<br />
in the European trade areas up to the year 2030. To begin with, the historical development<br />
<strong>and</strong> the structure of international <strong>and</strong> maritime trade will be portrayed, whereby the em phasis<br />
will be placed on an analysis of trade relations of the EU. This descriptive analysis will<br />
be followed by theoretical explanations for international trade. Subsequently, a portrayal of<br />
the European shipping areas <strong>and</strong> the structure of their ports will be presented, as well as an<br />
analysis of the most recent developments in the leading ports. In addition, the fundamental<br />
determinants of developments in port economics will be discussed. An analysis of EU foreign<br />
<strong>and</strong> maritime trade, as well as of the ports in Europe, will serve as a basis for predicting EU<br />
foreign <strong>and</strong> maritime trade up to the year 2030. Founded on this scenario, a forecast will be<br />
made of the potential effects of exp<strong>and</strong>ing maritime trade on growth in h<strong>and</strong>ling volume at<br />
the major European ports up to 2030.<br />
10 Berenberg Bank · <strong>HWWI</strong>: Strategy 2030 · No. 4