• 2021 January 28 11:04

    BPA: Ports survey reflects mood of tentative optimism for 2021

    The BPA has published the results of a survey of UK ports to illuminate the issues they are facing at present and their view of the year ahead.

    The two-thirds of ports said they felt ‘somewhat confident’ about the business outlook for 2021. A third said they felt ‘not so confident’.

    When asked to summarise their outlook for 2021 in one word or sentence, the word most commonly mentioned by respondents was ‘challenge’, followed by ‘uncertain’, with other responses featuring the word ‘difficult’. Some said 2021 would bring more challenges than 2020.

    Many others, though, were optimistic, with the words ‘positive’, ‘hope’ and ‘opportunity’ also frequently mentioned.  One port said ‘things can only get better…’

    These sentiments come after a tough year for ports. 87% report that the COVID-19 pandemic has impacted negatively on their customer activity.

    Regarding ports’ top concerns and issues for the year ahead, in order, they were; customer activity, the overall status of the economy, operational challenges posed by the pandemic, Brexit, and decreased revenue.

    Commenting, Phoebe Warneford-Thomson, Policy Manager and Economic Analyst, at the British Ports Association said:
     
    "In most senses, the results from this survey were as expected, following the unimaginable and unprecedented challenges posed by 2020. The majority of ports stated that there had been negative impacts on their customer activity, which came at great cost to port businesses. Although not impacting all ports, Brexit changes are another great unknown".

    "However, it is welcome to see some hope for what 2021 will bring. While there were some mixed views over whether the woes of 2020 will continue; two-thirds of respondents said they felt ‘somewhat confident’ about the business outlook for their port in 2021 and overall ports reflected a mood of tentative positivity".

    "When asked to summarise their expectations for 2021 in just a few words, optimism did shine through. The most common word was challenge, but also popular was hope, opportunity and positivity".

    "Indeed, this year will not be without its challenges, with continued disruption to the fishing industry and trade between the rest of the UK and Northern Ireland, and the staggered implementation of border controls continuing until June. However, 2021 should be a year of real opportunity too; as we hope to see the initial recovery to the economy post-COVID and have the chance to shape several key Government policies, including Freeports".

    The survey was conducted amongst the BPA’s membership which includes over 400 ports, harbours and terminals, who collectively facilitate 86% of UK’s shipping trade, all the UK’s maritime passenger volumes as well as providing vital hubs for the energy, fishing and marine recreational industries.

    Other key results from the survey are:
    Ports were largely neutral regarding their view of the economic climate for the next 12 months. A quarter of ports felt positive and a quarter of respondents held a negative view.
    Over three-quarters of respondents stated that their revenue had fallen since this time last year.
    The overwhelming majority of ports reported that COVID-19 negatively impacted on their customer activity in 2020, with 87% of respondents opting for a negative option (equally split between a 'substantial’ and a ‘minor’ negative impact).

    Regarding the cost of COVID-19 to port businesses, a third reported a cost of £0-99k and a third reported a cost of £100-499k. One-fifth of respondents reported a loss of £1-10m. Naturally, responses to this question were approximately correlated to the size of the port.

    Most ports were not hiring above their usual levels this coming quarter, with just under three-quarters identifying that they were not, with just over a quarter responding that they were.
    Ports were broadly evenly split regarding whether their port is investing in new business services, property, or infrastructure in the coming quarter. 31% reported that they are investing substantially, 26% reported a moderate amount, 24% stated a small amount, 19% stated they were not investing at all.

    Each year UK ports collectively handle almost 500m tonnes of freight. They employ around 115,000 people and have kept the country supplied during the coronavirus pandemic.

    About BPA
    The British Ports Association represents the interests of over 100 port members, covering more than 400 ports, terminal operators and port facilities. The UK ports industry plays a key role in the country’s economy as 95% of the UK’s international trade – imports and exports – is carried through British ports. UK ports also handle more than 60 million international and domestic passenger journeys each year. The UK port industry is the second largest in Europe, handling around 500 million tonnes of freight each year. UK ports directly employ around 115,000 people.




2021 February 27

15:39 Port Hedland named Australia’s Port of the Year
14:23 All sectors of activity impacted at Lerwick Harbour in 2020
13:48 JAXPORT unveils new Strategic Master Plan during 2021 State of the Port address
13:07 PSA & CDAS partner up to launch SmartBooking
12:32 NOAA begins transition exclusively to electronic navigation charts
11:43 USCG announces formal investigation into Coastal Reign capsizing
10:56 False allegation of attack 17nm west of Okwori terminal

2021 February 26

18:14 CADMATIC issued a certificate to ASCO's SRI Caspian Sea Project
17:56 Fincantieri and OCCAR to sign the contract for the construction of 2 new-generation submarines
17:38 IBIA announces the result of 2021 board elections
17:16 LNG-powered short-sea vessel Containerships Borealis makes first call to the port of Rotterdam
16:53 Volga Shipping Company opens river navigation season in the South of Russia
16:31 Port of Melbourne awards rail infrastructure contracts
16:25 ABS publishes guidance on methanol as marine fuel
16:05 Port of Corpus Christi and Port of Rotterdam sign MoU
15:48 Container giant MSC to open new depot in North Sea Port
15:05 Rosmorport announces changing of Dickson seaport boundaries
14:43 Corvette Stoyky and tanker Kola of RF Navy's Baltic Fleet started anti-piracy watch in the Gulf of Aden
14:19 PortNews offers new edition of its Hydrotechnika magazine
13:30 New edition of PortNews magazine is available now
12:14 CMA CGM to dedicate six new LNG-powered vessels to U.S. services
11:42 CPC system to transport 67.5 mln tons of crude oil in 2021
11:18 MPA awards LNG bunker supplier licence to Total Marine Fuels Private Limited
11:04 Wärtsilä and Ocean Technologies Group partner to deliver transformational learning solutions to improve safety and efficiency at sea
10:45 MABUX: Bunker market this morning, Feb 26, 2021
10:39 Car carrier Orca Ace earns ClassNK's 1st remote survey notation
10:36 Port of Baku Director General held online meeting with members of American-Azerbaijani Chamber of Commerce
10:14 Port of Gdynia welcomes largest single delivery of wind turbine propeller blades in Polish history
09:51 Bunker prices continue rising at the Port of Saint-Petersburg, Russia (graph)
09:32 Oil prices decrease amid dollar rise
09:18 Baltic Dry Index as of February 26

2021 February 25

20:19 Bunker Weekly Outlook, Week 08, 2021
18:37 Port of Oakland boss appointed CAPA Vice President
18:07 Port of Los Angeles announces launch of new ‘Control Tower’ data tool for tracking cargo
17:53 Admiral Nevelskoy ferry leaves Saint-Petersburg for Sakhalin
17:49 BPA reports lowest passenger numbers in 60 years
17:42 Finnlines Plc issues its Financial Statements 2020 and Financial Review for 2020
17:34 Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%
17:31 ECSA: European shipping is central to the success of EU's new trade strategy
17:20 APM Terminals Algeciras reaches all employees with a safety campaign
16:58 Tallink Grupp reports net loss of EUR 108.3 million for pandemic year 2020
16:41 Terms of references for Klaipeda Seaport's Southern part development to be prepared by American specialists
16:19 BPO’s comprehensive ports report published today
16:15 Hiab to supply MV Commercial with 100 HIAB loader cranes
15:45 Rolls-Royce secures UK MOD funding for innovative technology to support naval autonomy
14:50 Consequences of COVID pandemic affect the Port of Hamburg’s 2020 throughput
14:25 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:13 Nevsky Shipyard delivers Pola Gali, yet another ship of Project RSD59
13:07 DNV GL joins smart maritime network to enhance industry cooperation on digitalization
12:10 ClassNK grants its first remote survey notation for PCC ORCA ACE
11:32 NOVATEK and Shenergy Group sign SPA for LNG from Arctic LNG 2
11:04 “K”Line commences technical management of Singapore’s first LNG bunkering vessel “FUELNG BELLINA”
10:33 Telemar wins 50-vessel service and maintenance contract with Fairplay Towage group
10:21 MABUX: Bunker market this morning, Feb 25, 2021
10:13 BC Ferries releases its third quarter results
09:59 CMA CGM implements FAK rates from the Mediterranean, Adriatic, North Africa & Black Sea to the Indian Subcontinent
09:50 BC Ferries' fifth battery hybrid-electric vessel launched
09:28 Oil market sees mixed price movements
09:12 Baltic Dry Index as of February 24

2021 February 24

18:06 Parkwind selects DEME Offshore for foundation EPCI contract at Arcadis Ost I