European ports contend with slow economic growth, geopolitical impact
The #economic centre of gravity is slowly refocusing on regional #developments in #SouthAmerica and #Asia, and seeing the mature consumer #markets lose out to the emerging #economies, but that long-term change is slow and far from linear.
Global economic growth forecasts remain on the low side, but regionally the catch up of Asian economies persists with #European stagnation seeing its ports slide down the volume table in favour of ports in the #MiddleEast, #
... Show more...European ports contend with slow economic growth, geopolitical impact
The #economic centre of gravity is slowly refocusing on regional #developments in #SouthAmerica and #Asia, and seeing the mature consumer #markets lose out to the emerging #economies, but that long-term change is slow and far from linear.
Global economic growth forecasts remain on the low side, but regionally the catch up of Asian economies persists with #European stagnation seeing its ports slide down the volume table in favour of ports in the #MiddleEast, #India and the Far East, where #China remains dominant.
Not only do ports and terminals in have to contend with the challenges faced in fast developing countries, but the #geopolitical scene is also taking its toll, with both #US and European #ports affected in the short to medium term.
English https://www.seatrade-maritime.com/ports/european-ports-contend-slow-economic-growth-geopolitical-impact
French https://www-seatrade--maritime-com.translate.goog/ports/european-ports-contend-slow-economic-growth-geopolitical-impact?_x_tr_sl=auto&_x_tr_tl=fr&_x_tr_hl=fr&_x_tr_hist=true
#Géopolitique #Politique #Politics #Journalism #actu #news
The economic centre of gravity is slowly refocusing on regional developments in South America and Asia, and seeing the mature consumer markets lose out to the emerging economies, but that long-term change is slow and far from linear.
Nick Savvides (Seatrade Maritime)