PortEconomics co-director Theo Notteboom (Dalian Maritime University, China) and associate member Jasmine Siu Lee Lam (Nanyang Technological University, Singapore) acted as guest editors of a brand new Special Issue of the flagship journal Maritime Policy and Management (MPM) on the theme “Dealing with uncertainty and volatility in shipping and ports”.
The Special Issue covers the December issue of MPM (vol. 41, no. 7). The Special Issue is dedicated to the ways shipping freight markets, and port operators are dealing or can deal with market uncertainty and risks. A total of six papers were withheld for inclusion in this Special Issue. The papers address various aspects, including the behavior and strategy of terminal operators to face uncertainty and volatility, risk assessment in shipping and ports, freight rate forecasting, and the relation between shipping freight markets or sub-markets. The contributions touch upon both theoretical and empirical approaches.
The table of contents is as follows:
Guest Editorial: Dealing with uncertainty and volatility in shipping and ports
Theo Notteboom and Jasmine Siu Lee Lam
Dealing with uncertainty and volatility in the port industry network: social and instrumental antecedents of “clique” survival
Giovanni Satta, Francesco Parola and Simone Caschili
An advanced risk analysis approach for container port safety evaluation
Hani Alyami, Paul Tae-Woo Lee, Zaili Yang, Ramin Riahi, Stephen Bonsall and Jin Wang
The relative efficiency and financial risk assessment of shipping companies
Grace W.Y. Wang, Su-Han Woo and Joan Mileski
An investigation of forecast horizon and observation fi t’s infl uence on an econometric rate forecast model in the liner shipping industry
Peter Nielsen, Liping Jiang, Niels Gorm Malý Rytter and Gang Chen
Spillover effects and dynamic correlations between spot and forward tanker freight markets
Kevin X. Li, Guanqiu Qi, Wenming Shi, Zhongzhi Yang, Hee-Seok Bang, Su-Han Woo and Tsz Leung Yip
Return lead–lag and volatility transmission in shipping freight markets
Yao-Jen Hsiao, Heng-Chih Chou and Chun-Chou Wu
Visit the journal website for access to the Special Issue.