Search results for " Shipping"
showing 10 items of 18 documents
Measuring foreland container port connectivity disaggregated by destination markets: An index for Short Sea Shipping services in Spanish ports
2020
Abstract The present research aims to develop a Foreland Port Connectivity Index (FPCI) including both qualitative and quantitative variables related to the characteristics of the maritime services provided. To that end, the FPCI incorporates two discount factors—the number of shipping services and destination countries—as penalties to correct for the quality of a port connection. After defining the FPCI, the index is applied to Spanish ports to study their connectivity in terms of container Short Sea Shipping (SSS) services. Although the connectivity of SSS traffic has not been widely studied, it is an interesting case study as small ports play a more relevant role in facilitating access t…
System Dynamics in the Predictive Analytics of Container Freight Rates
2021
This study proposes a two-tier cross-validation and backtesting procedure, including expanding and rolling-window test metrics in predictive analytics of container freight rates by utilizing the system dynamics approach. The study utilized system dynamics to represent the nonlinear complex structure of container freight rates for predictive analytics and performed univariate and multivariate time-series analysis as benchmarks of the conventional approach. In particular, the China containerized freight index (CCFI) has been investigated through various parametric methodologies (both conventional time-series and system dynamics approaches). This study follows a strict validation process cons…
Competitiveness of short sea shipping: the case of olive oil industry
2016
Purpose – The purpose of this paper is to analyse the economic benefits of short sea shipping (SSS) in the shape of Motorways of the Sea (MoS) compared to road transport. The study cover a gap in agro-food economics and analyses the economic benefits of sea transport mode compared to road transport in the food trade between Spain and Italy for a specific product: olive oils. Design/methodology/approach – Three different transportation scenarios are considered (road only, road combined with accompanied SSS and road combined with unaccompanied SSS) linking the main olive oil production and consumption areas in Spain and Italy. In each scenario the cost per unit shipped have been calculated. …
Finnish Shipping — A Nordic Exception?
2012
The Finnish economy has for centuries been dependent on seaborne transport. In some periods, such as the mid-nineteenth century and the 1970s, Finland also emerged as an important shipping nation in international cross-trades. In the mid-1970s, Finnish tonnage was the sixth largest in the world in per capita terms — just after the Scandinavian countries (Karonen, 1992; Kaukiainen, 2008b). Nevertheless, compared to the other Nordic countries, it was a minor player in international shipping and, subsequently, it has fallen even further behind. In 1987, for example, the freight earnings of Finnish shipping were about one-fifth of those of Norway and about one-third of those of Denmark and Swed…
European Common Transport Policy and Short‐Sea Shipping: Empirical Evidence Based on Modal Choice Models
2009
Abstract This article aims to find the determinants of mode choice decisions for Spanish full lorry and full container loads shipments to the rest of Europe in four productive sectors: agroindustry, ceramic tiles, motor vehicle parts and household appliances. To this end exhaustive fieldwork was carried out and a database constructed, including 507 observations collected from transport decision‐makers. A binary logit is used to estimate a modal choice model where the two modes considered are road transport and Short‐Sea Shipping. The estimation of the model stresses the importance of a politico‐economic evaluation of how to modify the modal split, paying particular attention to the role tha…
Value based trading of real assets in shipping under stochastic freight rates
2009
The article uses a real options valuation model with stochastic freight rates to investigate market efficiency and the economics of switching between the dry bulk and the tanker markets in international shipping. A dry bulk carrier is replaced with a tanker when the expected net present value of such a switch is optimal from a real options based decision rule. Depending on the development of the markets a reversal may take place later. The cost and demand parameters upon which the decisions to switch are made, including the stochastic characteristics of freight rates, are estimated from an empirical analysis that is updated every week throughout a 12-year time period from 1993 to 2005. The …
SHIPPING 4.0: GENERAL FRAMEWORK FOR A NEW CYBERSHIPPING ERA
2019
The fourth industrial revolution, also referred to as Industry 4.0, is a disruptive transformation process aimed which, by means of digital technologies, is substantially innovating the value creation processes in all industry contexts. With such premise, industry 4.0 is in particular expected to have a substantial impact on the maritime transport and shipping sectors, where smart ships and autonomous vessels are expected to be the building blocks of a new interconnected maritime ecosystem. The application of Industry 4.0 principles to the shipping domain (Shipping 4.0) has thus raised a scientific debate about the efficiency, sustainability, and safety of maritime transport. Recent researc…
Planejamento da Gestão da Qualidade na Movimentação de Cargas Pelos Portos: Análise da Literatura Internacional
2021
Essa investigacao objetiva identificar as principais caracteristicas dos estudos empiricos internacionais sobre o planejamento da gestao da qualidade na movimentacao de cargas pelos portos, sob a otica da avaliacao de desempenho. Trata-se de um estudo qualitativo, com objetivo exploratorio-descritivo, que utiliza como estrategia de pesquisa a pesquisa-acao por intermedio do instrumento de intervencao o Knowledge Development Process-Constructivist ( ProKnow-C ), em que foram coletados dados primarios e secundarios, de procedimento bibliografico. Apresenta-se como resultados: (a) a rede de autores, sendo composta por vinte e nove (29) clusters ; (b) acoplamento bibiografico, distribuidos em 1…
Vertical integration and exclusivities in maritime freight transport
2011
A key recent theme in maritime freight transport is the involvement of shipping lines in terminal management. Such investments are costly but allow liners to provide better service. Most of these new terminals are dedicated terminals but some are non-exclusive and let rivals access them for a fee. In this paper, we show that a shipping line that builds its own terminal finds it strategically profitable (i) to continue routing part of its cargo through the open port facilities, and (ii) to keep its terminal non-exclusive. In this way, the liner investor pushes part of the rival's freight from the open to the new terminal. Besides, under non-exclusivities, the shipping lines offer a wider var…
Design and optimisation of an innovative two-hub-and-spoke network for the Mediterranean short-sea-shipping market
2020
Abstract Short Sea Shipping (SSS) is generally considered as a privileged transport mode in terms of reducing road congestion and related external costs. In the last two decades, SSS has attracted a lot of attention in the European Union, where it is also regarded as a key factor for economic and social cohesion between countries. In this regard, the present study proposes a new network design that aims at improving and increasing freight traffic between the north-western and the south-eastern shores of the Mediterranean Basin. The proposed model, designed for Ro-Ro (Roll-on Roll-off) freight transport, tries to overcome the limits of the existing multi-port-calling services through an inno…