Structural Implications of Economic Crisis on Container Throughput. Evidences from Port of Constanta

Ports have become a key element of modern supply chains through the important role they play in coordinating material and informational flows. However, because of the fixed nature of port assets, they can rarely control the supply chains dynamics, which are most often affected by the strategies of other players in the network. In this context, we try to explain the adverse effects of the economic crisis on the container traffic volume in the Port of Constanta, one of the hardest hit European port, on this segment of traffic.