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Banca d’Italia says Gioia Tauro port hit by new crisis

Gioia Tauro, Italy (PortSEurope) June 14, 2018 – Gioia Tauro port was hit by a new significant drop in traffic, after the recovery in 2016, according to the annual report of the Catanzaro branch of Italian central bank Banca d’Italia on the economy of Calabria with reference to 2017.

“The Calabrian port has lost the leadership in the handling of containers in Italy to Genoa, and further market shares compared to the other main Mediterranean ports, ranking ninth in this case,” the central bank said.

Banca d’Italia also points out that the development of the port of Gioia Tauro depends on the establishment of the Special Economic Zone, which would attract new investments.

Source: Il Dispaccio

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