The improvement of Thessaloniki‘s connectivity with global shipping networks and the difficulty facing Piraeus to maintain the dynamics it had demonstrated in previous years are recorded in the new edition of the sectoral study on the Greek port industry GREPORT, which is edited by professors Giorgos Vangelas, Thanos Pallis and Evi Kladaki.
GREPORT 2022 examines the transport work, traffic and financial data of the country’s major ports and according to a study, Greek ports need to improve their competitiveness in a rapidly changing environment. The disruption in global transport and supply chains, as well as the increase in the number of blank sailings by container shipping companies, have had knock-on effects in the container freight market and in ports.
In the Mediterranean, the reduction of container ship calls to ports from 2019 to date amounts to 2%. At the same time, the ports are called upon to serve larger ships. The percentage of approaches by ships with a capacity of more than 8,500teu increased in 2021 by 3.9% and in 2022 it is increased by 5.2%. This development translates into the management of a larger quantity of containers per approach, with this increase amounting to 5.7% within the three years 2019-2022.
In these circumstances, any improvement in the competitiveness of Greek ports is reflected in its connectivity to global networks. According to the data presented by GREPORT2022, in the 2020-2021 period in this sector the Greek port system showed a reversal of the dynamics recorded before 2020.
The connectivity of Greek ports declined both in absolute terms and in comparison with neighboring ports, said Vangelas, associate professor at the University of the Aegean. The distance to neighboring Italian ports has widened, returning to the levels it was a decade earlier. It is indicative that at the end of 2021, after a four-year break, Turkish ports again show greater connectivity than Greek ports.
The trend in Piraeus is of course decisive. From 2020 to the third quarter of 2022, the connectivity of the port of Piraeus to the global container transport network did not show the dynamics it showed in previous years, remaining at the levels of 2019. At the same time, in the first three quarters of 2022, the handling of containers appears reduced by 10.5% compared to the corresponding period of 2021, the study points out.
The port of Piraeus continues to be directly connected to some of the largest port hubs in the global maritime transport network. In particular, in 2021, the port was connected directly (origin-destination) with Singapore with 25 routes per month, Port Klang (Malaysia) with four connections and with the European ports of Rotterdam and Antwerp with 16 and 13 monthly connections, respectively. In the same period, the largest container ship in capacity that served the port of Piraeus in 2022 (January – July data) had a capacity of 23,992teu, when the corresponding size for 2021 was 21,413teu and in 2020 it was 21,400teu.
Although Piraeus is included in the largest container ports worldwide, in 2021, the port fell to 33rd place in the relative ranking, from 28th place in 2021. In Europe, it occupies 5th place in the relative ranking of container ports, which according to the figures of the first three quarters, despite the decrease in traffic, are expected to be maintained in 2022.
In the same period, the connectivity of the port of Thessaloniki appears to be particularly improved – although, as expected, at lower levels. The relevant index (Liner Shipping Connectivity Index) of the port increased in the third quarter of 2022 to higher levels compared to the beginning of the decade, while the last quarter of 2021 was at the highest historical level of the 15 years for which relevant measurements are available, records the study. As in the case of Piraeus and in the port of Thessaloniki, the size of the largest container ship approaching the port increased significantly. In 2022 the largest ship had a capacity of 6,722teu compared to 5,730teu in 2021 and 5,300teu in 2020.
As GREPORT 2022 records, the necessary investments and the formation of conditions and strategies to further improve the capacity of the Greek port system remain necessary so that it can efficiently and effectively serve the transported cargoes. Together with the expansion of the range of services offered to transported loads before the transport of transported goods to their destination, they are conditions for expanding the number of vessels and containers served by Greek ports and increasing the connectivity of the Greek economy with the rest of the world.
– Filed: 2023-01-06