Growth Potential for Maritime Trade and Ports in Europe.

Global economic development in recent decades has been characterised by a rapidly progressing intensification in world trade and the international division of labour. As a result of the expansive development of international merchandise trade, cargo shipping has been one of the fastest growing economic sectors. The progressive global integration processes, the future reduction in trade barriers and the expected increase in prosperity in numerous regions of the world will also call for a marked expansion in world trade and cargo shipping. This designates maritime logistics as an economic sector with favourable perspectives for development. What growth rates can be expected for EU maritime trade? And what impact will these have on Europe’s ports? [ABSTRACT FROM AUTHOR]