Published on November 18, 2019
1. Ports of Genoa: THE SOUTHERN GATEWAY TO EUROPE Along the New Silk Road. 1st October 2019
2. THE NORTHERMOST MED GATEWAY ALONG THE MAIN FAR EAST-EUROPE ROUTES. Switzerland 200 km South Germany 500 km Austria 450 km France 150 km A GLOBAL MARITIME HUB
3. 4 multi-commodity port basins (Vado Ligure, Savona, Pra’ and Genova) located along a 50 km coastline. Over 7 million sqm of port land. Over 27 km of quays, with over 100 berths Natural deep waters (from 12 up to 19 metres alongside quay) 30 dedicated terminals operated by leading global players FOUR PORTS, ONE PORT AUTHORITY
4. TOTAL THROUGHPUT: 70 Million tonnes First port in Italy CONTAINER TRAFFIC: 2.7 Million TEUs 6th container gateway port in Europe PASSENGER TRAFFIC: 4.2 Million pax 4th cruise port in Europe FOUR PORTS, ONE PORT AUTHORITY
5. TRADE • 33% share of the Italian Domestic Market • over 60% of Northern Italy extra UE trade • 30% of Italy-China trade EMPLOYMENT • Direct: 10,000 jobs • Induced: 36,000 jobs • Overall: 130,000 across Italy ECONOMY • €10 bn contribution to the Italian GDP • 30% of Italian VAT revenues on import trade FOUR PORTS, ONE PORT AUTHORITY
6. The Ports of Genoa have today the potential to further increase port traffic and are very attractive at international level. Terminals operated by main global players... (PSA, APMT, MSC, COSCO, etc..) ...called by the major worldwide carriers… (Maersk, MSC, COSCO, the Alliance, CMA CGM, etc.) …participated by global private equity and infrastructure funds (Infracapital, Infravia, iCON) Major carriers, have chosen Genova as their Med headquarters (Hapag Lloyd, MSC, Costa Cruises) The urban renovation plan of the old port basin, linked to the development of cruise activities, is attracting premier global investors A GROWING PORT INDUSTRY
7. A GROWING PORT INDUSTRY PSA GENOVA PRA’ Leading Italian container terminal
8. VADO GATEWAY - APM TERMINALS Semi Automated Container Terminal - OPENING 4Q 2019 A GROWING PORT INDUSTRY
9. A GROWING PORT INDUSTRY CALATA BETTOLO CONTAINER TERMINAL – MSC OPENING 4Q 2019 Works underway
10. AN EXTENSIVE LINER SERVICE NETWORK across the world With over 150 deep-sea, short-sea, feeder and ro/ro liner services, the Ports of Genoa are connected to over 500 ports worldwide, ranking at the top in the Med Sea together with Valencia and Barcelona (Unctad - Liner Shipping Connectivity Index).
11. CONTAINER SHIPPING. Last-out ports in the Med on FE/ME routes All the major Shipping Companies and Alliances call the Ports of Genoa, offering more than 50 regular container services to any destination: 7/week to/from Far East 10/week to/from US West Coast & Gulf 4/week to/from South & Central America 6/week to/from Middle East & India 3/week to/from WC & EC Africa AN EXTENSIVE LINER SERVICE NETWORK across the world
12. SHORT SEA SHIPPING. A comprehensive network throughout the Med Sea Regular multiple intraMed, feeder and Mos connections to main Med Countries GENERAL CARGO, HEAVY LIFT AND CAR CARRIER SERVICES, PROJECT CARGO. Several regular services available CRUISES. 4th cruise port in the Mediterranean Sea Homeport to MSC and Costa, the main cruise shipping liners in the Med. Over 400 cruise calls and 2.2 million cruise pax AN EXTENSIVE LINER SERVICE NETWORK across the world
13. STRATEGIC DRIVERS AND ACTION PLANS THE NEW SILK ROAD INCREASING SHIP DIMENSION INLAND CONNECTIVITY GETTING READY FOR THE NEW OPPORTUNITIES
14. Marseille Barcelona Valencia N. Tyrrhenian Ports N. Adriatic Ports THE NEW SILK ROAD Shipping liner services N. Tyrrhenian: Far East-Med/Europe (9 weekly, up to 18,000 TEU, transit time 25 d); interlining to Americas; Med feeders. N. Adriatic: Far East-East Med (2 weekly, up to 11,000 TEU, transit time > 30 d); Med feeders. opportunity In 2017 China and the EU exchanged goods for a total amount of 600 Mld €. 92.8% of the trade flows (in volume) was transported by sea (69.1% in value). North Tyrrhenian and North Adriatic Ports account for 80% of the Italy/China containerised trade. The Tyrrhenian Ports, located in the “open-side” of the Med, hold the main market share (60% of the Italian total).
15. AAGR: +7,2% AAGR: +8,1% AAGR: +6,2% Ports of Genoa Containerised Trade Distribution (Full containers excluding transhipment) 9,7% 38,8% 21,1% 11,2% 17,0% 13,4% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Export Import Totale China Altri Far East Resto del Mondo 1/3 of Italy-China trade flows through the Ports of Genoa Italy-China trade amounts to a yearly average of 32 Mln tonnes for a value of approximately 50 Bln $. 387,000 TEU 246.000 TEU 1,834,000 TEU THE NEW SILK ROAD opportunity
16. The upward trend of vessel size affects all sectors of maritime shipping: Bulk, Containers, Cruises. While shipping companies benefit from economies of scale, ports and other operators along the supply chain have to cope with the impact of huge traffic volumes. a cross-sector trendINCREASING SHIP DIMENSIONS
17. INCREASING SHIP DIMENSIONS a cross-sector trend CONTAINER SHIP EVOLUTION Container ship calls in the Ports of Genoa on Far East routes Avg Ship Capacity (TEU) Avg Call Size (TEU) Max Call Size (TEU) 2010 7.000 2.800 4.000 2015 9.000 3.200 6.000 2019 13.000 4.600 7.250 Container vessels show the highest size increase rate: 90% between 1996 and 2015. The biggest container ship today at sea is MSC Gülsun (23,756 TEU capacity, 400 m length).
18. INCREASING SHIP DIMENSIONS a cross-sector trend CRUISE SHIP EVOLUTION Cruise ship calls in the Ports of Genoa In the cruise shipping sector ship dimension is related to the different market targets. The biggest cruise ship today at sea is Royal Caribbean’s Symphony of the Seas (361 m length, 18 decks, capacity: 6.680 pax and 2.200 crew). Avg Gross Tonnage (Tons) Avg Ship Length (m) Avg Pax/Call (pax) 2010 60.000 280 2.700 2015 114.000 308 3.300 2018 121.000 317 4.000
19. INLAND CONNECTIVITY Ports are “only “crucial nodes along complex transport chains. Port competitiveness depends more and more on its smooth integration with the markets and industries in the hinterland. Railway transport plays a crucial role to expand the port catchment area and to cope with the traffic peaks and huge volumes carried by the big ships.
20. ALONG THE SHORE ULCS handling capacity is being increased through expansion projects on the way in Genoa, Pra’ and Vado Ligure, in partnership with major players as MSC, PSA, APM Terminals, COSCO and Qingdao Ports. In order to improve maritime accessibility and ship manouvres, new breakwaters will be realised both in Genoa and Vado. • Improvement of last mile road and rail links • Automation of port Gate controls • Digitization of port procedures • Interoperability among public and private IT systems LAST MILE • PSA – BASEL REGULAR TRAIN • APM/HUPAC COOPERATION • MEDWAY MSC OWNED RAIL OPERATOR TO START OPERATIONS ON DEC 2019 NEW OPERATORS INLAND As part of the Post Morandi Bridge Action Plan, inland railway terminals and Logistics Operators located in the port hinterland will benefit from simplified procedures and financial incentives to improve the modal split GETTING READY FOR THE NEW OPPORTUNITIES
21. CURRENT SCENARIO Lack of critical mass in ports Port railway links capacity constraints Vessels > 12,000 TEUs: container traffic peaks NEW INTERMODAL SOLUTION Shuttle trains quickly moving containers from ports to inland terminals 750 m trains to European destinations along the EU corridors Cooperation with EU inland terminals Land-locked markets in Central Europe – Intermodal services with 750-m trains (€/box) Alp-Transit and the completion of the southern part of the Rhine-Alpine corridor (2022) will further improve the railway cost picture avoiding double traction to cross the Alps. GETTING READY FOR THE NEW OPPORTUNITIES
22. In response to the collapse of the Morandi Bridge the Port Authority is implementing an Emergency Infrastructure Plan 31 PROJECTS 1.1 BN EUROS TO BE INVESTED PORT MARITIME ACCESSIBILITY PORT LAST MILE ROAD AND RAIL LINKS AIRPORT TERMINAL RENEWAL AND EXPANSION AIRPORT INTERMODAL CONNECTIVITY PORT-CITY INTEGRATION SHIPYARDS EXPANSION POST MORANDI BRIDGE ACTION PLAN focus
23. The Ports of Genoa show high growth traffic rates, have implemented important infrastructure investments for larger vessels and are very attractive at international level; Huge investments and works are underway in particular along the Rhine – Alpine Corridor improving capacity, quality of service and environmental impact; The size, the technical characteristics, the maritime services and location of the Ports of Genoa along the Rhine – Alpine Corridor are strategic to maintain and improve the competitiveness of the European import-export; Need for European vision (and funds) for environmental, urban and social sustainability. CONCLUSIONS
24. The Ports of Genoa offer the highest standard of port services (i.e. total port in/ port out transit time, port handling quality, time and tariffs, complete range of port services, etc.) and can accommodate container-ships with a cargo capacity up to 18,000 TEUs The potential bottlenecks are in the inland connections between the port and its markets. In the short-medium term, the Port Authority is focusing on the upgrading of the existing rail infrastructures and on the improvement of the rail transport services (allocation of train paths, paperless document management, etc.) CONCLUSIONS
25. The future competitive position of the port is depending on the actual removal of the potential bottlenecks to access a part of the eastern port basins from the sea - through the new breakwaters, in order to accommodate container-ships up to 24,000 TEUs - and to connect the port to its hinterland, in particular via railway (forecasted total handling capacity up to 6 million TEUs by 2030); These major infrastructural works are therefore interconnected and the implementation of both sets of infrastructural works is of paramount importance for the development of the Ports of Genoa. CONCLUSIONS