The article derives a short-run freight rate equilibrium in the VLCC market based on only a limited number of market characteristics. Supply is characterised by the ships’ distance to the loading area. Demand is characterised by the point of time at which charterers prefer to dispatch their...

The European Union policy on territorial cohesion requires strong cooperation among stakeholders at various levels and the island transport policy dictates a need for technical consultation among all interested parties, encompassing all specific aspects (equal opportunities, insularity,...

In recent years there have been significant changes to the logistics environment in which ports operate, which is now focused on supply chain management, global networking and customer orientation practices. Furthermore, ports have adopted different strategies concerning their level and form of...

In the current adverse economic environment, container lines strive to cut costs and secure cash flows in order to remain solvent. A number of container lines have invested in container terminals whose divestment could be an opportunity to raise finance. Here we consider whether a short-term...

This article analyses the behaviour of the functions of importing and exporting goods by maritime transport in Spain during the period 1994.I–1998.IV. Cointegration techniques are used in the estimations to obtain long-term price and income elasticities. These estimations can be used to assess...

US West Coast ports have long been the principal gateway for container imports originating in Northeast Asia and destined for the Eastern United States. However, West Coast ports are losing market share to US Gulf and East Coast ports (USG&ECP). This study investigates the role oil prices may...

This article formulates the mathematical model of the liner shipping company cycle cost and attempts to optimize the operational profile of company assets in regards to specific network of routes of cargo flows and vessels portfolio. In other words it attempts to give a practical solution to the...

In this article we formulate the berth allocation problem as a bi-objective mixed-integer programming problem with the objective to maximize berth throughput and reliability of the schedule under the assumption that vessel handling times are stochastic parameters, being a function of other...

We consider the automated guided vehicle (AGV) dispatching problem in container terminals where vehicles are allowed to carry more than one container at a time. The main focus of the study is on dual-load AGVs, which may carry either two 20-ft containers or one 40/45-ft container. We propose a...

This article aims at providing a systematic tool for the selection of the most suitable maritime route for containerized cargoes between different sets of coupled-ports. Possible routes are compared using the Copeland method, data envelopment analysis and probabilistic composition. The variables...