This does not imply that this was impossible before the implementation of the “motorways of the sea”. However, it simply means that the shipping industry will become more efficient and reliable. As a result producers will be able to get products to various parts of Europe with minimal restriction (Forte &Grimaldi 2013, p. The economies of some of the countries that are affected by “motorways of the sea” depend on the shipping industry. These countries include Greece, Italy, and Cyprus.One thing that is clear is that the “motorways of the sea” will lead to improvement in infrastructure. It is not only the sea infrastructure that will be affected in this case. Most of the traditional member countries are expected to highly improve their land infrastructure as a result of the implementation of the “motorways of the sea”. These projects are supposed to be carried out under the TEN-T framework. Some of these projects are already complete. Improving infrastructure, whether land or sea implies that companies can have an easy time in getting their products to consumers from various parts of the region. For the companies that are not close to the sea shores, getting their products to various parts of the region will be hard if the infrastructure that is in place is not effective. However, with the implementation of the “motorways of the sea” this will not be a problem anymore. The most significant thing in this place being that the time and cost of transportation will both reduce significantly.As a result of the implementation of “motorways of the sea” there will be an opportunity for regional development. The region of southeast Europe will be the most affected in this case. This is because there will be an improvement in intermodal facilities and services. This will be further buffered by the improvement in infrastructure that will result from the implementation of “motorways of the sea”. There will also be the elimination of Balkan borderlines that have over the years been in hindrance to the free flow of products in the region. This implies that producers and traders will be facing less restriction in transporting their products from one region to another (Wijnolst 2006, p. This will only mean that they will be able to reach out to more markets that they might not have been able to reach before the implementation of the “motorways of the sea”. The
Cole, S 2005,Applied Transport Economics Policy, Management and Decision Making, Kogan Page, London.
Forte, E & Grimaldi, G 2013, Economics and logistics in short and deep sea market: studies in honor of Guido Grimaldi, founder Grimaldi Group.
Great Britain 2004, Regional planning guidance for the South East.Chapter 9, Chapter 9,TSO, Norwich.
Song, DW & Panayides, PM 2012, Maritime logistics: contemporary issues, Emerald, Bingley.
Wijnolst, N 2006, Dynamic European maritime clusters, Delft Univ. Press, Amsterdam.
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