Page 3 - Hafen Hamburg | Port of Hamburg Magazine 4.2021
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 Dear Readers,
The pandemic has the world on tenterhooks. Limitations remain apparent and new waves are erecting further hurdles. Much needed workers are still lacking at many points, hampering production. Ships and ports may be functioning at full capacity, yet last-minute closures of leading ports are re- peatedly causing delays and hence also bottlenecks further along the supply chain. It is still too early to talk of an economy operating at capacity. This also has repercussions for trade. Long delivery times for many products are also bringing home to consumers that global supply chains are stalling.
Come autumn, German economic research institutes were therefore unani- mous in revising their positive forecasts. GDP growth will not now really be re-starting until next year. It will remain modest for the remainder of this year. Let’s scrutinize companies’ own risk management more closely – at least wherever the outbreak of the pandemic has had unforeseen repercussions. Yet in Knut Alicke’s view the next catastrophe is coming. That’s for certain. This partner at McKinsey & Comp talks of a ‘black swan’ event, probably set to occur more frequently during the next few years. Natural catastrophes also belong in this category. In an interview well worth reading, this analyst explains just how companies can prepare.
As far as better protection for the environment goes, shipping companies are active. To meet customer demands for climate-neutral shipments, they have decided to identify more environment-friendly fuels as soon as possible. Hamburg-based Porath offers its customers another way of preparing and/ or processing their international transactions. This Customs agency ensures that on arrival of the cargo, all papers are available in valid form. Especially when foodstuffs are concerned, this is not always simple. Even here, howev- er, Hamburg companies and public agencies are on the right road. So much is demonstrated by examples elsewhere in this latest issue of our Port of Hamburg Magazine.
We wish you a gripping and enjoyable read.
Ingo Egloff and Axel Mattern
Joint CEOs Port of Hamburg Marketing
WORLD TRADE ■
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