N.A.P.A. N.A.P.A. NorthNorth AdriaticAdriatic PortsPorts AssociationAssociation

Giuseppe ParrelloPresident of NAPA

Shanghai, 15th of October 2010

Source: European Commission 2005

� EU has 27 Member States of which 22 have seaports

� Coastline of 70,000 km alongtwo oceans and four seas

� Ten-T ports comprise 439 category A ports (seaports and inland ports)

� Diversity in geography, size, trade, governance,…

but….

Huge importance foreuropean economy

COMMUNICATION FROM THE COMMISSIONCommunication on a European Ports Policy (18.10.2007)

“Cooperation between ports and especially

between those close to each other is most

welcome, as it can lead, inter alia, to

specialisation in cargo or ship types, and

organisation and pooling of hinterland

transport facilities. It would certainly lead in

many cases to an improvement in output.”

EU EXTERNAL TRADE BY MODE OF TRANSPORT (2008)

EU-27 port traffic (2008) = 3.918.600.000 tonnes

Sea 621,1 47,5% 836,1 53,4% 1.457,2 50,7%Road 289,1 22,1% 178,0 11,4% 467,1 16,3%Rail 24,3 1,9% 21,8 1,4% 46,1 1,6%Inland waterway 5,0 0,4% 3,1 0,2% 8,2 0,3%Pipeline 4,6 0,4% 123,0 7,9% 127,6 4,4%Air 320,4 24,5% 255,6 16,3% 576,0 20,1%Self propulsion 31,9 2,4% 14,4 0,9% 46,4 1,6%Post 1,5 0,1% 2,7 0,2% 4,2 0,1%Unknown 8,6 0,7% 130,3 8,3% 138,9 4,8%Total 1.306,6 100,0% 1.565,0 100,0% 2.871,6 100,0%

Sea 396,4 74,8% 1.288,3 71,7% 1.684,7 72,4%Road 82,9 15,6% 59,1 3,3% 142,0 6,1%Rail 24,6 4,6% 73,5 4,1% 98,0 4,2%Inland waterway 8,4 1,6% 13,0 0,7% 21,4 0,9%Pipeline 3,7 0,7% 275,5 15,3% 279,2 12,0%Air 9,8 1,8% 3,5 0,2% 13,3 0,6%Self propulsion 3,2 0,6% 2,2 0,1% 5,5 0,2%Post 0,0 0,0% 0,1 0,0% 0,1 0,0%Unknown 1,2 0,2% 82,2 4,6% 83,4 3,6%Total 530,2 100,0% 1.797,4 100,0% 2.327,6 100,0%

Value (billion €)Partner: Extra EU-27

Export Import Export +

Weight (million tonnes)Partner: Extra EU-27

Export Import Export +

Source: Eurostat

TEN-T AXIS AND ITALY

ANNUAL ACTIVITY REPORTPRIORITY PROJECT 21 (MOTORWAYS OF THE SEA). JULY 2009

“The northern Adriatic area offers an exceptional concentration of ports, most

of them with good inland connections (including TEN-T PPs 1 and 6). This

cluster is composed of ports with different conditions and potentialities. But,

together those ports represent an enormous potential and source of wealth for

Europe. All of them are hinterland ports, serving prosperous areas. These

ports must develop their individual potential but also articulate activities

thereby taking advantage of their joint resources whilst protect ing their

common heritage.

Investments will be required to improve their hinterland connect ions.

However, the range offers a potential for international trade wi thin the

Mediterranean basin but also, with the Far-Eastern markets. For the "round

the world" Suez trade routes, an efficient North Adriatic gateway may

represent important savings both time and money wise.”

§ Port of Koper

§ Port of Trieste

§ Port of Venice

§ Port of Ravenna

+ Port of Rijeka(invited on the 21st of April 2010)

3 countries: Italy + Slovenia

(+ Croatia)

MEMBERS OF NAPA

Venezia

Ravenna

Trieste

Koper66 nm

91 n

m58

nm

Several initiatives for cooperation in the previous years, but no concrete activities.

§ 6th of February 2009 => Letter of Intent

§ 17th of April 2009 => Memorandum of Understanding

§ 1st of March 2010=> Registration of NAPA

BACKGROUND

§ Geographic position of North Adriatic (especially for Far East markets via Suez Canal),

§ Slovenian membership in EU,

§ Congestion of North European ports,

§ Saturation of inland infrastructure,

§ Unbalanced regional development (North – South).

§ Negative environmental impact,

§ Global market conditions (after crisis: reallocation of existing flows of goods, new businesses),

§ Increasing competition of Black Sea ports.

REASONS

§ Land transportation and hinterland connections,

§ Marketing and Promotion,

§ Short Sea Shipping and Motorways of the sea,

§ Quality and efficiency of port operations,

§ Safety, security and environmental protection,

§ Information technologies and communication systems,

§ Passenger sector.

FIELDS OF COOPERATION

§ Commercial: attracting more cargo to Europe via North Adriatic Ports (southern gateway)

§ Institutional: developing suitable public transport infrastructure (priorities for Trans European Transport Network / corridors) to support bigger volumes and efficient services

OBJECTIVES

§ Total NAPA investments € 5.5 billion

Examples:

§ Trieste - the logistic platform and the new container Terminal € 1.349 million

§ Venice – new off-shore Terminal (oil + container) € 1.300 million

§ Koper - the new 3rd pier / Container Terminal € 500 million

§ Ravenna - dredging activity and new container terminal € 749 million

INVESTMENTSThese are the main NAPA investmentes to improve the competitiveness

Rank Port, Country 2000 2006 2007 20081 Rotterdam NL 302,545 353,576 374,152 384,2102 Antwerpen BE 116,003 151,705 165,512 171,2373 Hamburg DE 76,950 115,529 118,190 118,9154 Marseille FR 91,279 96,527 92,561 92,5235 Le Havre FR 63,885 69,973 73,897 75,6366 Amsterdam NL 42,044 56,794 62,516 74,3667 Grimsby & Immingham UK 52,501 64,033 66,279 65,2678 Algeciras ES 60,023 62,128 61,8699 London UK 47,892 51,911 52,739 52,965

10 Dunkerque FR 44,318 50,386 50,244 50,46411 Valencia ES 21,958 40,742 45,935 50,18212 Taranto IT 33,117 50,871 49,240 49,52213 Bremerhaven DE 24,835 40,350 43,618 48,95614 Genova IT 43,797 44,425 48,358 46,46915 Constantza RO 42,888 44,916 45,75016 Tees & Hartlepool UK 51,472 53,348 49,779 45,43617 Göteborg SE 33,261 39,912 40,353 42,33118 Barcelona ES 25,787 38,267 41,040 41,51619 Southampton UK 34,773 40,556 43,815 40,97420 Wilhelmshaven DE 43,402 43,106 42,643 40,55621 Forth UK 41,143 31,556 36,681 39,05422 Trieste IT 44,015 44,644 39,833 37,19523 Bilbao ES 26,623 36,118 37,313 36,86224 Milford Haven UK 33,768 34,307 35,496 35,87525 Zeebrugge BE 32,660 32,763 34,843 34,76826 Nantes Saint-Nazaire FR 31,263 33,870 33,299 32,91827 Tarragona ES 27,175 31,189 35,802 32,83528 Liverpool UK 30,421 33,550 32,258 32,20429 Ravenna IT 22,492 27,639 27,008 30,07530 Venezia IT 26,293 32,010 32,042 29,92031 Tallinn EE 0,000 41,243 35,865 28,96632 Livorno IT 19,785 24,550 29,798 28,66733 Riga LV 23,758 25,216 28,56734 Ventspils LV 27,746 30,473 27,36635 Gioia Tauro IT 27,746 30,473 27,36636 Klaipeda LT 21,347 24,676 27,31137 Ghent BE 24,717 24,107 24,988 26,91238 Augusta IT 29,938 30,979 30,238 26,84939 Porto Foxi IT 23,751 27,111 26,744 26,40740 Cartagena ES 17,157 25,442 23,843 25,54741 Felixstowe UK 29,686 24,370 25,685 24,98842 Sines PT 19,957 26,934 25,970 24,66943 Dover UK 17,434 23,805 25,144 24,34444 Velsen/Ijmuiden NL 19,265 20,938 21,423 23,30945 Rouen FR 22,645 23,066 22,027 22,49846 Skoeldvik FI 12,800 19,739 19,760 21,55047 Lübeck DE 17,954 21,056 22,175 21,33448 Rostock DE 18,634 19,058 19,585 21,27849 Dublin IE 15,892 20,795 21,801 21,12750 Huelva ES 17,224 21,530 21,792 20,64351 Brofjorden Scanraff SE 19,302 18,591 17,347 20,03552 Las Palmas, Gran Canaria ES 12,404 19,383 20,702 19,89653 Gijon ES 20,261 20,513 19,19854 Calais FR 14,871 19,317 18,954 18,68155 Vlissingen NL 12,659 15,803 18,392 18,11456 Santa Panagia IT 16,975 15,938 17,965 17,30557 Gdansk PL 0,000 22,034 19,944 17,07258 La Spezia IT 13,154 15,201 17,353 17,01459 Koper SI 0,000 15,391 15,805 16,49960 Savona - Vado IT 12,374 15,361 15,343 16,370

FREIGHT TRAFFIC AT MAJOR EU SEAPORTS

Source: Eurostat

4.726.00010Ravenna

TonnesRank

• Conventional – General cargo

29.502.00010Trieste

TonnesRank

• Liquid bulk

10.096.00019Venezia

16.620.00013Ravenna

TonnesRank

• Dry bulk

Sources: EUROSTAT, Automotive Logistics

TOP 20 EUROPEAN PORTS (2008)

570.0008Koper

UnitsRank

• New cars transport

0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

140.000.000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

To

n

Dry Bulk Liquid bulk General Carg o

NAPA 2001-2010 THROUGHPUT

• 2009 vs 2008

– Total Throughput (tons): -15,7%

– Container (TEUs): -8,5%

• 2010 (I semester) vs 2009 (I semester)

– Total Throughput (tons): +8,5%

– Container (TEUs): +9,1%

CRISIS & RECOVERY

9.772.512816.1925.487.951845.9312.622.438ro-ro (tons.)

1.283.219353.880335.943214.324379.072TEUs

33.217.6365.274.4739.205.1209.334.2979.403.745General cargo

29.946.9867.900.6101.805.53311.728.1938.512.650Dry bulk

57.308.8262.875.36537.268.4544.833.82312.331.184Liquid bulk

120.473.44716.050.44848.279.10725.896.31330.247.579TOTAL

North AdriaticPortsKoperTriesteRavennaVenezia

NORTH ADRIATIC MULTI PORT GATEWAY (2008)

96.010.000Marseille5

120.437.000North Adriatic Ports4

140.400.000Hamburg3

189.390.000Antwerp2

421.098.000Rotterdam1

EUROPEAN RANK 2008 (tonnes)

Middle East – Far East

Main shipping route

Americas

Americas

Transhipment/interlining port (transhipment incidence >75%)

Logistics core regionMulti-port gateway region

Inland corridorMain shipping route

Gateway port

Gateway port also handlingsubstantial transhipment flows

Multi-port gateway regions1. Rhine-Scheldt Delta2. Helgoland Bay3. UK SE Coast4. Spanish Med5. Ligurian Range 6. Seine Estuary7. Kattegat/The Sound8. Black Sea West9. South Finland10. Portugese Range11. North Adriatic 12. Gdansk Bay

12

12

6

5

11

4

8

3

9

LOGISTICS CORE REGIONS AND MULTI-PORT GATEWAYS

Source: ESPO 2008

10

7

CONTAINER THROUGHPUT FIGURES (2008, in 1000 TEUs)

12

11

10

9

8

7

6

5

4

3

2

1

Rank

796 Gdansk BayGdynia, Gdansk

1.239 Portugese RangeLisbona, Leixoes, Sines

1.283 North AdriaticVenezia, Trieste, Ravenna, Koper

1.419 South FinlandHelsinki, Kotka, Rauma, Hamina, Turku

1.573 Black Sea WestCostanza, Burgas, Varna

1.796 Kattegat/The SoundGoteborg, Malmo, Copenhagen, Helsingborg, Aarhus

2.642 Seine EstuaryLe Havre, Rouen

4.045 Ligurian RangeGenova, Savona, Livorno, La Spezia

6.214 Spanish Med RangeBarcellona, Valencia, Tarragona

6.568 UK Southeast CoastFelixstowe, Southampton, Thamesport, Tilbury, Hull

15.250 Helgoland BayAmburgo, Brema, Cuxhaven, Emden, Wilhelmshaven

22.379Extended RS DeltaRotterdam, Amsterdam, Anversa, Zeebrugge, Ghent, ecc.

2008

NORTH ADRIATIC CONTAINER TREND

400.000

800.000

1.200.000

1.600.000

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2007

2009

2010

*

(TE

Us)

CAGR 1998 – 2008 7,4 %

CAGR 2003 – 2008 13,2 %

CAGR 2006 – 2008 18,2 %

record

Container

Ro-ro

Ro-ro / Ferry

Ravenna

VeneziaTrieste

Koper

TENS OF DESTINATIONS

HIGH FREQUENCY(several departures per day)

MED MARITIME LINKS

FASTEST MAERSK “EUROPE – FAR EAST / GULF” LINKS

Operator: n° 1 container line in the world

38Antwerp - Shanghai

33Rotterdam – Shanghai

37Hamburg – Shanghai

29Trieste (Koper) – Shanghai [China]

Transit time (days)

Route

18Hamburg – Jeddah

11Ravenna (Venezia) – Trieste (Koper) – Jeddah [Saudi Arabia]

Transit time (days)

Route

27Hamburg – Port Klang

24Ravenna (Venezia) – Trieste (Koper) – Port Klang [Malaysia]

Transit time (days)

Route

Example

20

23

24

25

27

PUS

22

25

26

27

29

SHA YTNNGBHKGSINE/B

32302420KOP

25231713PSD

28262016VCE

29272117RIJ

30282218TRS

15

19

22

25

25

27

KOP

16

20

23

26

26

28

TRS

232216141311SIN

10

17

20

20

22

ALY

12

19

22

22

24

MER VCERIJPSDJEDW/B

31302119PUS

191867CBO

26251614YTN

29281917NGB

29281917SHA

Transit times

Operated by:

•HANJIN

•YANG MING

•HYUNDAI

•UASC

NEW AAX SERVICE

Munchen

Prague

Budapest

Wien

Ravenna

Trieste - Koper

Venezia

Milan

Modena

Bologna

PadovaVillach

Ljubljana

MANY DESTINATIONS

DAILY FREQUENCY

Belgrade

INTERMODAL LINKS

“The Commission intends to

evaluate ports hinterland

connections status and

needs and their impact on a

balanced network of traffic

flows on the occasion of the

mid-term review of the

Trans-European Transport

Network in 2010” Art. 19 of

Regulation (EC) 680/2007.

Extension of the TEN-T priority projects N° 23 (rail) and N° 25 (road).

Hypothesis/Possibility of connecting Wien via rail to the ports of Ravenna, Venezia,

Trieste and Koper.

THE ADRIATIC - BALTIC CORRIDOR

Ravenna

PP1

PP6

Ten-T Axes

Interested railways

Implementing highway

Highway (E45)

PRIORITY PROJECTS 23 AND 25 EXTENTION TO

NAPA PORTS

Venice

Bologna

Ferrara

Ravenna

Koper

Trieste

THE ADRIATIC – BALTIC CORRIDORThe Southern Part

FOR FURTHER INFORMATIONwww.portsofnapa.com