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Is the U.S. marine terminal on the verge of becoming a bottleneck rather than a funnel for world general cargo commerce? This volume, prepared at the request of the U.S. Maritime Administration, appraises issues pertinent to the productivity of these marine terminals, addressing such topics as the state of the art of technology and engineering design in general cargo terminals; the comparison of technology and design with that of other countries; the interrelationship of port and terminal practices; and the implications of port and terminal costs, practices, engineering design, and use of technology.
This work applies the theory and techniques of economic efficiency measurement to the realistic context of the ports industry. The objective is to assess the practical impact of port privatization policies upon the economic performance of the sector. Specifically, this volume presents Korea’s port and terminal development plans and systematically analyses not only the process and results of privatisation, but also the claims of its proponents that it leads directly to improved efficiency. The Korean experience is given global relevance by applying the same approach to Britain’s main container ports and terminals which, of course, are at a more advanced stage in the privatisation process. This work constitutes a unique contribution to the literature relating to shipping and ports, econometrics and the Korean economy and will be of primary interest to port authorities and practitioners, as well as to students of economics and/or the shipping industry.
Port Management brings together a collection of seminal papers from Palgrave’s journal Maritime Economics and Logistics. It is a dynamic volume, containing contributions from leading authors with different disciplinary backgrounds, representing a vast regional diversity. The volume provides authoritative and timely investigations into key topics in port economics, including research on: global supply chains, port networks, choice modelling, port infrastructure, competition, port pricing, efficiency in European seaports, and an analysis of Chinese container ports. It is essential reading for professionals, scholars, and researchers interested in port economics.
Container Terminals (CT) operate as central nodes in worldwide hub-and-spoke networks and link ocean-going vessels with smaller feeder vessels as well as with inbound and outbound hinterland transportation systems using road, rail, or inland waterways. The volume of transcontinental container flows has gained appreciably over the last five decades -- throughput figures of CT reached new records, frequently with double-digit annual growth rates. Stimulated by throughput requirements and stronger competition between terminals settled in the same region or serving a similar hinterland, respectively, cost efficiency and throughput capabilities become more and more important. Nowadays, both terminal capacity and costs have to be regarded as key indicators for CT competitiveness. In respect of this steady growth, this handbook focuses on planning activities being aimed at “order of magnitude improvements” in terminal performance and economic viability. On the one hand the book is intended to provide readership with technological and organizational CT basics for strategic planning. On the other hand this book offers methodical assistance for fundamental dimensioning of CT in terms of 'technique', 'organization' or 'man'. The former primarily considers comprehensive information about container handling technologies representing the state of the art for present terminal operations, while the latter refers to methodological support comprising in particular quantitative solutions and modeling techniques for strategic terminal decisions as well as straightforward design guidelines. The handbook includes an introductory contribution which gives an overview of strategic planning problems at CT and introduces the contributions of the volume with regard to their relationship in this field. Moreover, each paper contains a section or paragraph that describes the impact of findings investigated by the author(s) for problem-solving in long-term planning of CT (as an application domain). The handbook intends to provide solutions and insights that are valuable for both practitioners in industry who need effective planning approaches to overcome problems and weaknesses in terminal design/development and researchers who would like to inform themselves about the state of the art in methodology of strategic terminal planning or be inspired by new ideas. That is to say, the handbook is addressed to terminal planners in practice as well as to students of maritime courses of study and (application oriented) researchers in the maritime field.
This book is a comparative study of the critical factors in berth productivity in Chinese and South Korean container terminals. It first defines the concept of berth productivity, and then establishes a regression model to evaluate the productivity factor. With the results obtained for the leading Asian container terminals it identifies the relationship between critical factors for berth productivity and their order of importance. The findings provide guidelines for terminal operators to improve berth productivity.
Maritime Economics The Blackwell Companion to Maritime Economics presents a comprehensive and in-depth coverage of shipping and port economics. Featuring contributions from the most respected international specialists in the field, this reference offers up-to-date insights into maritime carriers and their markets (e.g., freight, intermodal and passenger), shipping economics (e.g., dry bulk, liquid bulk, container, regulation, taxation, seafaring, safety and piracy), ship economics (e.g., equity, bond and hedging ship finance) and port economics (e.g., governance, labor, competition, efficiency, choice, investment, clusters, inspection and security). In addition to providing a comprehensive survey of the literature on past and current practices on a wide range of maritime topics, new empirical research on safety and piracy in shipping, ship finance, and container terminal efficiency is presented as well as original theories for maritime carriers and ports that provide greater insights into their operations. With its unprecedented breadth of coverage and range of scholarship, The Blackwell Companion to Maritime Economics represents the new standard resource for any and all topics related to maritime economics.
Efficient measurement plays a vital role in any sort of production but there is a dearth of both applications and in-depth research relating to the container port industry. This book analyzes the relationship between ownership, competition and port efficiency by applying traditional theories in industrial organization and examining them empirically. It is the first to conduct comprehensive comparisons of alternative approaches to efficiency measurement for the industry. This original work makes an important contribution to the establishment of central government policy on port investment, policy and governance.
This book is the founding title in the Grammenos Library. The diversity of the subjects covered is unique and the results of research developed over many years are not only comprehensive, but also have important implications on real life issues in maritime business. The new edition covers a vast number of topics, including: • Shipping Economics and Maritime Nexus • International Seaborne Trade • Economics of Shipping Market and Shipping Cycles • Economics of Shipping Sectors • Issues in Liner Shipping • Economics of Maritime Safety and Seafaring Labour Market • National and International Shipping Policies • Aspects of Shipping Management and Operations• Shipping Investment and Finance • Port Economics and Management • Aspects of International Logistics
Port Economics is the study of the economic decisions (and their consequences) of the users and providers of port services. A port works as an "engine" for economic development. This book provides a detailed discussion of port freight service users, such as freight water and land carriers, that have their ships and vehicles serviced and their cargoes unloaded by ports, as well as passenger services such as ferry carriers which are serviced by ferry passenger ports. This text continues to enhance our understanding of port economics by exploring the economic theories, supply and demand curves, and the actual and opportunity costs relating to the carriers, shippers and passengers who use ports. This new edition has been updated throughout. This includes: An expanded discussion of container, break-bulk, dry-bulk, liquid-bulk and neo-bulk ports; An introduction of port service chains, hinterland transport chains, maritime transport chains and port multi-service congestion; A discussion of seaborne trade, dry ports, port centrality and connectivity and free trade zones. This updated and comprehensive introduction to port economics will be of benefit to students and researchers in their study of port economics and management. It is also of great importance to professionals who manage and operate ports as well as freight and passenger carriers.