Port Design and Management

Introduction

Ports handle dry, bulk liquid, or container cargo to facilitate the movement of goods and services between markets, reducing transport costs and enhancing efficiency. Since the beginning of 2022, more than 85 major port construction projects have been initiated at a total cost of over $45.6bn. The global port infrastructure market size was estimated at USD 151 billion in 2022 and is expected to hit around USD 249.49 billion by 2032. A significant portion of the demand growth also arises from the mandated shift in the modal choice mix from road to waterways. For instance, Port of Rotterdam aims to move from the current truck/barge/rail split of 45/40/15 percent to 35/45/20 percent by 2035.

To increase handling capacity and to cope up with demand fluctuations, many ports are adopting advanced automation in terminal operations, cargo handling, and transportation. Since port infrastructure investments run into billions of USD, an understanding of port design principles and its effect on port performance is crucial. In this program, we would like to specifically focus on how leveraging technology advancements and operational design principles can improve ease of doing business at ports. Further, we will discuss how maritime data sources can be leveraged to improve operational performance including sustainability and remain competitive.