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Risk management factors make La Spezia the Mediterranean port to watch this year
Time:2020-03-24 14:27:55

ANYONE familiar with a map of western Europe, but unfamiliar with the ways of Asia-Europe shipping, would think that the quickest way to European markets from Asia via Suez would be by a Mediterranean port.

The idea of going past Gibraltar, around the Iberian Peninsula, crossing the stormy Bay of Biscay, then wending one's way through the congested English Channel would seem counterintuitive at the very least.

Yet that has been the traditional way, because near the Northern Range ports - Le Havre, Antwerp, Rotterdam and Hamburg - is where most affluent Europeans live, and where road and rail links are shorter, cheaper and better than in the pastoral south.