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Navigating Rough Waters: Global Shipping and Challenges for the North Range Ports

Author

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  • Jan Wedemeier

    (Hamburg Institute of International Economics (HWWI))

  • Lukas Wolf

    (Hamburg Institute of International Economics (HWWI))

Abstract

Ports and shipping have been in the spotlight in 2021 with surging demand, skyrocketing freight rates and week-long queues. This development stands against the background of the current global COVID-19 pandemic. Amid these disruptive waves, the North Range ports (Le Havre to Hamburg) face numerous challenges. This short analysis gives an overview of recent developments in international shipping and the potential for maritime transport as an early indicator for commodity trade. The article also explores the connection in import and export of the North Range ports to their respective countries and the EU. This article contributes to the extent to which maritime traffic data can be linked to economic data. Three long-term key challenges — sustainability, digitalisation and (de)globalisation — are discussed with a focus on the North Range ports as well as the newest effects of Russia’s war in Ukraine.

Suggested Citation

  • Jan Wedemeier & Lukas Wolf, 2022. "Navigating Rough Waters: Global Shipping and Challenges for the North Range Ports," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(3), pages 192-198, May.
    • Handle: RePEc:spr:intere:v:57:y:2022:i:3:d:10.1007_s10272-022-1047-4
    DOI: 10.1007/s10272-022-1047-4
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    References listed on IDEAS

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    Cited by:

    1. Xiaonan Zhao & Xingyi Duan & Yen-Chiang Chang, 2023. "The Impact of War Conflict on Sustainable Shipping: Conference Report," Sustainability, MDPI, vol. 15(16), pages 1-11, August.

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    More about this item

    Keywords

    F4; O11; R4;
    All these keywords.

    JEL classification:

    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics

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