THE DIGITAL TRANSFORMATION AND ITS IMPACT ON MARITIME TRANSPORT GEOECONOMY, CASE STUDY: DCHC AS A HUB TERMINAL IN DAMIETTA PORT/EGYPT/EAST MEDITERRANEAN

Abstract

As the global economy undergoes rapid changes with the rise of Asian and African economies, Egypt is set to play a crucial role in the future of international trading. By the year 2075, the GDP of China, India and United States shall be nearly equal, while Indonesia is predicted to become the 4th largest economy of the world by 2050. In this regard, Egyptian positioning along Suez Canal to Africa, Asia and Europe is crucial to improve its participation in the global digital economy. Egypt is set to enhance its standing in international economic arrangements such as BRICS, the Belt and Road Initiative (BRI), and the African Continental Free Trade Area (AfCFTA). Thus, the country’s maritime transport sector is increasingly instrumental to realizing its economic ambitions. A key element of this transformation is Damietta Port, which is becoming increasingly important in Egypt’s maritime development. On the other hand, technology upgrades at the port including an advanced Vessel Traffic Management System (VTMS) are an issue. Especially since the start of operation of the second new container terminal will make such systems indispensable. By means of a case study methodology, this paper analyzes the current operational strategies and technological infrastructure of DCHC, while highlighting the advancements involved in making them more efficient. In particular, it conversations about the VTMS represent the next step after the complete implementation of TOS Navis N4 to handle DCHC operations. It is also proposed to use the Portchain portal for vessel berth management. According to the paper, the efforts concerning the implementation of VTMS and the establishment of strategic alliances with globe partners, DCHC will be considerably more competitive in the global digital economy. With DCHC with better quality and advance Services. Damietta Port will be one of the main players in the advancement of Egypt’s economy globally.