Intesa Sanpaolo promotes the Italian maritime economy in New York

The image accompanying the News on the promotion in the USA of the strategic role of Italian ports in the Mediterranean portrays an aerial view of the skyline of Manhattan, New York

Intesa Sanpaolo promotes in the United States the strategic role of Italian ports in the Mediterranean, through the Southern Italy Special Economic Zone and the Central North Simplified Logistics Zones, with the aim of attracting foreign investment in the Italian infrastructure system.

To facilitate interaction with US operators, Intesa Sanpaolo coordinated a mission to New York involving Italian and US companies, port system authorities and leading logistics and maritime transport operators.

In fact, the United States is Italy's leading maritime trade partner, with a value of approximately €54.8 billion, of which €42 billion is for exports.

According to analyses by SRM, the Mediterranean continues to be a strategic area for the world economy: it accounts for 20% of global maritime trade, 27% of container routes and 30% of energy traffic (oil and gas).

The value of the maritime economy supply chain in Italy - an analysis by SRM, a research centre associated with Intesa Sanpaolo

The strategic value of ports
  • Ports and shipping have become strategically important as drivers to influence the economy and generate economic growth.
  • Logistics provides support for the globalization of production systems by enabling companies to reach short-, medium- and long-haul markets, making sure that they are able to get goods to customers or procure raw materials promptly and efficiently. They also support tourism with the movement of passengers by both cruises and ferries to major destinations.
  • This is why ports in many countries including Italy, are becoming development hubs around which business location areas, incubators and start-ups, experimentation of new technologies, shipbuilding and related sectors are being developed.
  • Ports have also become true energy hubs as terminals of pipelines (gas and oil pipelines) and ships transporting energy products (oil, gas and fuels of various kinds). Furthermore, investments in quay electrification (cold ironing), renewable energies (solar, offshore wind) and energy efficiency are increasingly being developed in port systems.
  • Huge investments are being made in this sector, both in infrastructure (NRRP) and in digitizing embarkation and disembarkation procedures, customs, ship monitoring and security, so it is a sector that provides great impetus for the development of both infrastructure and ship technologies.
  • It is in this context that the SLZs and the single SEZ in Southern Italy will be the drivers for the future development of ports and logistics once fully operational, together with digitization and sustainability.

Intesa Sanpaolo's support for the Italian port system

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