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PortReport 2 | Caribbean container port catchment areas: 1998-2016 evolution and the risk of over-investment
Download PortReport No 2- Caribbean container port catchment areas: 1998-2016 evolution and the risk of over-investment Almost from its inception, there has been a clear upward trend in the disruptive force of the container during its use. However, a relative decrease in container movement has been seen in recent years although the explanation of which goes beyond disturbances in the world economy. PortEconomics member Ricardo Sanchez along with Eliana Barleta notice that the inter-annual change in throughput with respect to changes in GDP...
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Strategy formulation of new generation ports: the Hong-Kong case
In 1992, UNCTAD outlined a three-generation model to classify different stages that the port industry has experienced. It illustrates that port evolution is not a linear progress but periodically with key events to re-start every stage. An important research question emerges on whether the port industry has involved to the new generation or not after more than two decades of development. To provide useful insight into this research question, PortEconomics member Adolf Ng along with Kennth H. Wong (Hutchison Port Holdings, Hong Kong,...
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Unveiling configurations of shipping clusters: challenges and opportunities in the case of Piraeus
Clustering provides significant added value to companies belonging to it, well verified in practice and in literature. Informally, at least, shipping clusters exist in many cities (i.e. Singapore), some developed around a port with obscure boundaries. Such a case is the Piraeus in Greece, relying heavily on the Greek shipping companies, principal merchant fleet owners globally in terms of tonnage, located in the area in and around Piraeus. Despite the volume and importance of the shipping companies, the presence, though, of a shipping...
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Measuring the missing link in port performance evaluation
Port performance measurement is continuously gaining ground in contemporary port management. Intense competition and the progressive metamorphosis of port authorities’ idiosyncrasies towards more commercialised and industrialised entities have been vital: ports, in their vast majority, are actively engaged in the complex supply chains aiming, among others, to increase market shares. In this setting, the importance of port performance measurement emerged as a necessary condition for ports in order to benchmark their business vis-a-vis...
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Emission control taxes in different port competition and co-operation settings
Using a game theory approach, the latest port study of PortEconomics co-director Theo Notteboom and Cui Han (University of Antwerp, Belgium) analyses a situation in which the government imposes a certain emission tax on vessels and port operations for emission control in port areas. Two ports are considered: a purely private port and a landlord (partial public) port. These two ports are in Cournot or Bertrand competition or cooperation with differentiated service. The authors' model outcomes lead to the following conclusions. First, the...
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Cruise lines searching for legitimacy: Stakeholder relationship management and CSR reporting
The rapid growth of the cruise industry since the beginning of the ‘90 has stimulated the ongoing debate on its positive and negative impacts at economic, social and environmental level. Under multiple stakeholder pressure, leading international cruise companies have re-shape their communication strategies by fostering their Corporate Social Responsibility (CSR) attitude to successfully manage stakeholders and support their corporate strategies. Grounding on stakeholder theory and legitimacy theory, the paper addresses cruise lines’ CSR...
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“Slow port studies” - on the future of maritime economics
Celebrating 25 years since the establishment of the Association, the International Association of Maritime Economists (IAME) Annual Conference organised a special opening session to discuss the future of maritime and port economics. PortEconomics co-director Thanos Pallis presented a call for a more measured pace port studies development and dissemination. PortEconomics invites its readers to follow the link in order to download the call – and, not least, to apply the concept: Pallis A.A. (2017): Slow port studies. IAME 2017, Kyoto,...
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PortGraphic | Top EU container port regions (2007-2016): the rise of South Europe
By Theo Notteboom Total container throughput in the EU increased by 13.9% between pre-crisis year 2007 and 2016. Rotterdam is the largest container port in Europe (12.38 million TEU in 2016) followed by Antwerp (10.04 million TEU) and Hamburg (8.91 million TEU). When grouping seaports together in multiple-port regions we get a better picture of the container port handling hotspots in Europe. Observation 1 - The Rhine-Scheldt Delta is, more than ever, the stronghold of the Hamburg-Le Havre range With 24 million TEU handled in 2016,...
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