Tokyo, Japan (PortSEurope) May 22, 2018 – At the recent World Ports Conference of the International Association of Ports and Harbors in Baku, Azerbaijan, IAPH President Santiago Garcia-Milà commented on how land-based hubs could fundamentally change the port landscape.
The Chinese government’s investment in the new Silk Road is leading to the development of new land hubs, developed to speed up and increase capacities in railway networks between China and Europe. In some cases, these new hubs could challenge seaports for business.
Garcia-Milà said, “We are witnessing developments in this part of the world, which we have seen in the past in places like Singapore and Dubai. The major difference is that Baku is not a shipping hub, but a land-based hub which is developing rapidly as a connecting point between east and west, and also between north and south. The fact that global players as Dubai Ports and Hyperloop are investing here is a clear sign that something is fundamentally changing that will have implications for the global port landscape.”
Details of the Baku conference can be accessed here.
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