Greece and the port of Piraeus, specifically, are viewed as future competitors of Asia’s aggressive shipping hubs in the coming decade, a study gauging the views and forecasts of 779 Greek shipping executives announced this week.
The primary conclusions of the study, conducted by EY in cooperation with Aegean University professor Thanos Pallis, also detail the fluid situation that exists currently in the international maritime shipping sector, as well as in the global economy.
More specifically, asked which shipping hubs or “clusters” today offer the most attractive and comprehensive framework in which to operate a shipping management company, more than half (58 percent) of respondents picked Piraeus, Greece’s biggest port. The second choice was Singapore (53 percent), followed by Dubai (29 percent) and London (24 percent). The three aforementioned metropolises, in fact, were cited as Piraeus’ biggest competitors.
Taking into consideration the balance of advantages and disadvantages offered by Piraeus, the continuing shift in favor of economic activity in Asia’s developing economies and the growth of alternative shipping clusters, 56 percent of respondents said they would consider transferring their operations outside Greece; 36 percent said they would not consider such a prospect.
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Photo Source: Wikimedia Commons Copyright: Nikolaos Diakidis License: CC-BY-SA
Source: naftemporiki.gr
