Ports as Pawns: The $2 Trillion Transformation of Global Trade Hubs

24.08.21 News

Major global ports, which handle 80% of the world’s $25 trillion annual merchandise trade, are becoming increasingly important in geopolitical struggles and economic strategies. These ports are undergoing significant transformations to adapt to digital technologies, automation, and green energy, with an estimated investment of €2 trillion over the next decade. As geopolitical tensions rise, ports are becoming strategic assets in the competition between world powers. This will require careful management and substantial investment to maintain their relevance and efficiency in a rapidly changing global landscape.

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