Srm: maritime traffic recovering in Italy + 3% in the first quarter of 2021

Srm: maritime traffic recovering in Italy + 3% in the first quarter of 2021
Srm: maritime traffic recovering in Italy + 3% in the first quarter of 2021

In Italy, the international component of maritime transport remains very relevant even after the pandemic. In 2020, the value of trade by sea in Italy was equal to over 206 billion euros, recording a decrease of 17% compared to 2019. But in the first quarter of 2021, import export by sea registered a + 3% . In this context, the ports of the South – with 207 million tons of goods handled in 2020 equal to 47% of the total Italian traffic – showed greater resilience during the pandemic: the decrease in traffic in the southern ports was in fact 3 , 4% against about -10% in Italy.

This in a nutshell, the cross-section that emerges from the eighth Annual Report “Italian Maritime Economy” edited by SRM (Study Center connected to the Intesa Sanpaolo Group), and presented in Naples at the Grand Hotel Vesuvio. Event that took place back-to-back with the Euro Mediterranean Investment Forum organized by FeBaf (Federation of Banks, Insurance and Finance). The “Italian Maritime Economy” 2021 Report analyzes the phenomena that emerged with the pandemic and the events that are impacting our logistics-maritime system, such as the blockade of the Suez Canal, the rise in sea freight rates and the price of oil, the Port Congestion , the Blank Sailing. The volume – which also makes use of the international contributions of 18 research centers including the Universities of Hamburg, Antwerp and the Shanghai International Shipping Institute – also looks at the recovery and the post-pandemic future, highlighting the challenges of competitiveness, sustainability and opportunities. to be grasped. The Minister of Foreign Affairs and International Cooperation intervened via video link at the presentation of the SRM Report. Luigi Di Maio. Among others, the president of Srm, Paolo Scudieri, the regional director of Campania, Calabria and Sicily of Intesa Sanpaolo Giuseppe Nargi and Paolo Garonna, general secretary of FeBaf participated. The conclusions were entrusted to Gian Maria Gros Pietro, president of Intesa San Paolo. The Report was illustrated by Massimo Deandreis and Alessandro Panaro, respectively general manager and head of maritime & energy of SRM.

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“The impact of climate change is not an abstract threat, but very close to us – said Minister Di Maio – The Mediterranean region records average annual temperatures of about 1.5 degrees higher than those of the pre-industrial period, and warms up to winds times faster than the rest of the world. The growth in energy consumption requires us to make technological choices that safeguard vulnerable ecosystems – adds the Foreign Minister – such as that of the Mediterranean ».

The global picture

Maritime transport continues to represent the main “vehicle” of development
of international trade: 90% of goods travel by sea. Maritime transport
and logistics are worth about 12% of global GDP. Looking at the coming months and years, the SRM Report predicts an increase of 4.2% in the volumes of maritime traffic in 2021.
will reach 12 billion tons, higher than pre-Covid-19 levels; and for 2022 the
estimates speak of a further increase of 3.1%.

2020, a difficult year

Not only has the pandemic affected the world economy and especially the transport and logistics sectors. The Suez Canal, in the year of the pandemic, showed a remarkable resilience, exceeding one billion tons of goods, with a number of transits equal to almost 19 thousand ships. It has therefore remained a strategic hub for traffic in the Mediterranean, continuing to represent 12% of world traffic and 7-8% of that
oil. Although the ports, and some in particular, were stopped for days due to the infections, while the demand for maritime transport grew with the explosion of e-commerce. Then there was the blockage caused by the Ever Given stranded in the Suez Canal, and with it the paralysis of many other ships. All this has increased freight rates which have reached record levels on the main routes and are still showing no signs
slowdown; it is estimated that they will be high in 2021 with a + 22.6% and an equal adjustment
at -9.4% in 2022.

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