Die Autoren stellen fest, dass die Anzahl der Schiffspassagen durch den Nord-Ostsee-Kanal (NOK) im Beobachtungszeitraum ab 2014 rückläufig war, was allerdings nicht ausschließlich von sinkenden Marktanteilen herrührte. Nach ihrer Beobachtung senken die Transitkosten des Kanals für alle...

The Pacific Ocean liner shipping market appears to be cartelized, primarily because of antitrust exemptions for shipping companies’ agreements. The current industry consolidation trend driven by economies of scale is likely to nurture the collusion inducing environment further; thus,...

I examine the outcomes of cases of entry by merchant shipping lines into established markets around the turn of the century. These established markets are completely dominated by an incumbent cartel composed of several member shipping lines. The cartel makes the decision whether or not to begin...

Recent literature has emphasized the importance of transport costs and infrastructure in explaining trade, access to markets, and increases in per capita income. For most Latin American countries, transport costs are a greater barrier to U.S. markets than import tariffs. We investigate the...

We estimate the impact of macroeconomic risk factors on shipping stock returns, using a quantile regression (QR) model. We regress the excess return of a portfolio for the container, dry bulk, chemical/gas, oil tanker, and diversified shipping sectors on the world market portfolio excess return,...

This study examines the conditions that influence the choice between direct shipment and transshipment, focusing on two factors: geographical distance and demand. We develop a two-stage model comprising shipping lines and shippers, and apply it to a virtual maritime network with one origin, two...

Die Autoren stellen fest, dass die Anzahl der Schiffspassagen durch den Nord-Ostsee-Kanal (NOK) im Beobachtungszeitraum ab 2014 rückläufig war, was allerdings nicht ausschließlich von sinkenden Marktanteilen herrührte. Nach ihrer Beobachtung senken die Transitkosten des Kanals für alle...

Purpose: This paper aims to provide an approach to the digitalization of the Northern Sea Route. Current research and best practices analysis do not contain solutions for such large-scale projects like the digitalization of the Northern Sea Route (NSR). The findings of this paper can help to...

Shipping is the sector of the economy via which approximately 85% of all world trade is transported and which is technologically developing with enormous leaps. Its digital transformation has highlighted new opportunities, but at the same time new threats. Due to the great demand from the...

The purpose of this study is to analyze the implementation of knowledge management that has been successfully carried out by State-Owned Enterprises (SOE), especially PT Pertamina with the KOMET (Pertamina Knowledge Management) program so that this success can be applied to SOE companies in the...

In a CCS chain, the CO2 is first captured and then transported to a suitable permanent storage site. The transport element could either be by pipeline, ship, or a combination of both, and the choice of transportation strategy will depend on several factors. Such as location of emission source,...

World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as...

Corporate Social Responsibility (CSR) is a fairly new philosophy to the shipping industry. The shipping industry, by its very nature, is the most globalised and highly regulated industry of all. Compared to land-based industries, the shipping industry has a long list of stakeholders in its...

How can the global shipping industry play its part in the fight to stop climate damage? Shipping accounts for around 90% of all international trade, and for 2.5% to 4% of all global greenhouse gas emissions, which damage the Earth’s climate. The shipping industry is also heavily concentrated....

A generally accepted view is that sophisticated bankruptcy procedures are required to mitigate coordination failures and fire sale discounts arising from financial distress. In this paper, we study an industry not subject to mandatory bankruptcy procedures; instead, the shipping industry has...

Purpose: This paper discusses the current state of research on tactical planning in tramp shipping problems. The constantly changing demands in operative tramp shipping make tactical or strategical, i.e. longer-term planning, in comparison to operative planning more complex. The purpose of this...

The current study explores the asymmetric cost behaviour in US shipping industry. More precisely, it investigates whether various categories of expenses show asymmetric behaviour after increases or decreases in the stream of their revenues and examines the impact of leverage on managers'...

This Ph.D. project focuses on complex environmental and social global supply issues in line with the United Nations’ 2030 Agenda for Sustainable Development. One of the possible key contributors to this Agenda is the maritime transport industry, which could drive sustainable development from...

The EEDI is one measure to identify the energy efficiency of a vessel. Besides EEDI there are many other aspects relevant when considering the energy efficiency quality of a vessel, most based on design insights. In this paper, a set of ten relevant indicators are identified to establish the...

The electrification of international shipping has gained attention from the global maritime industry in an effort to reduce pollution and greenhouse gas emissions. Despite rapidly falling battery prices and improvements in battery technologies, electric vehicles (both marine- and land-based...

The 2014 amendments to the Maritime Labour Convention entered into force on 18 January 2017. The primary drive of the amendments was to introduce a financial security certificate which would guarantee payment of seafarers' wages and repatriation costs in the event of abandonment by shipowners....

"Ship Management: Theory and Practice unpacks the complexity of this crucial maritime activity by spelling out its key elements, and the connections and linkages between them. Opening with an introduction and an overview of the special characteristics of ship management, the text then focuses on...

Imagined Geographies is a pioneering work in the study of history and geography of the pre-1800 world. In this book, Gunn argues that different regions astride the maritime silk roads were not only interconnected but can also be construed as "imagined geographies." Taking a grand civilizational...

"Ship Management: Theory and Practice unpacks the complexity of this crucial maritime activity by spelling out its key elements, and the connections and linkages between them. Opening with an introduction and an overview of the special characteristics of ship management, the text then focuses on...

It is well verified, in both theory and practice, that clustering provides significant added value to participating companies. Shipping clusters in particular have been at the core of maritime and transport business strategies, with the most well known ones being developed around major...

The aim of this paper is to investigate the process of politicization of the highest levels of the global commercial connectivity network, during its formative decades. The paper highlights the role played by the differences among the national approaches, along with some of the key mechanisms...