Short-term effects and longer-term impacts of the COVID-19 pandemic on the international shipping and port industries
Cullinane, K.; Haralambides, H.; Notteboom, T. (2023). Short-term effects and longer-term impacts of the COVID-19 pandemic on the international shipping and port industries. Int. J. Transp. Econ. 50(1-2): 45-88. https://dx.doi.org/10.19272/202306702002
In: International Journal of Transport Economics. Istituti Editoriali e Poligrafici Internazionali: Pisa. ISSN 0391-8440; e-ISSN 1724-2185, more
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| Keyword |
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| Author keywords |
Shipping; Ports; Governance; COVID; Maritime; Performance |
| Authors | | Top |
- Cullinane, K.
- Haralambides, H.
- Notteboom, T., more
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| Abstract |
The COVID-19 pandemic had a significant impact on global trade with an initial contraction followed by an inflationary peak in demand. For more than two years, ports and shipping were centre stage in an unfolding global supply chain crisis. This paper identifies the effects and implications of a major disruptor (such as the COVID-19 pandemic) on the activities, operations, management structure and performance of the international shipping and ports industries, with a specific focus on container shipping and ports. Both the short-term impact of the COVID-19 pandemic and the longer-term responses of container shipping and ports are examined, including also the longer-term implications for port governance. The flow of the narrative has also allowed us a digression on the fundaments of shipping and port economics (particularly of the latter), offering readers new insights never addressed before. Lessons learned from our analysis could be useful in addressing other disruptors or uncertainties in and around ports and the global maritime landscape. |
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