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Belt and Road Offers Great Future for Italian Ports and Shipowners

Oct. 27, 2017 -Matteoli, chairman of the Italian shipowners association Confitarma, said that the New Silk Road initiative represents a major o ppMario ortunity for growth mainly for Italian ports, since they become the next preferred gateway for goods coming from Asia into Europe, while today, cargo flows are more often offloaded in Northern Europe before being distributed in Central and Southern Europe.

“The Belt and Road project is of course challenging and scary at the same time,” Matteoli said,”but I think that the Italian players should be aware of this great opportunity mainly because instead of being at the terminus of the belt, we could have an inversion of the tendency of what the flows are now. Many industries in the north of Italy import goods from the ports based in Germany and The Netherlands, but the new infrastructure projects could instead invert the trend, and eventually Italy could become the entry point for the goods to be distributed towards the north.”

Matteoli also addressed  a crucial role of shipowners for mankind, stating that “we, as shipowners, have to participate (in the New Silk Road) in order to grant a better world for the future generations.”