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Revisiting the basics: What is a container terminal?
What is a Container Terminal? PortEconomics co-director Thanos Pallis discusses the basic concept, and reviews the operating principles, including the need for integration in supply chains, and the key structures of entry in the container terminal market, in a contribution to the Sage Encyclopedia of Transportation: Social Science and Policy. Viewing transportation through the lens of current social, economic, and policy aspects, the Encyclopedia is a four-volume reference work that explores the topic of transportation across multiple...
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The Analyst: concession challenges apply worldwide
I recently had the opportunity to discuss the challenges in granting concessions with a large number of port authorities in West and Central Africa, writes Peter de Langen in his viewpoint- published in his Port Strategy column as 'The Analyst'. The conclusion from Peter's conversations in West and Central Africa was that there is not a standard model or approach, every concession requires a tailor made approach. However, it is possible to think upfront about the attitude of the port authority with regard to potential concessionaires. Read...
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The impact of competition on container port (in)efficiency
Very few studies focus on the impact of competition on port efficiency. However, it can be assumed that a port in a monopolistic situation is subject to less pressure from customers and might be less efficient. Conversely, a port subject to high competition may be forced to overinvest in order to provide a higher quality of service to customers. The recent study of PortEconomics member Pierre Cariou, along with Gabriel Figueiredo de Oliveira (University of Toulon, LEAD, Université du Sud Toulon-Var, Faculté de Sciences Economiques et de...
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Destination satisfaction: Cruiser expenditures & behavioural intensions predictor
Porteconomics member Francesco Parola, along with Giovanni Satta (Department of Economics and Management, University of Genoa), Lara Penco and Luca Persico (Department of Economics and Business Studies, University of Genoa) presented their latest research on "Destination satisfaction as a predictor of cruiser expenditures and behavioural intensions" during the the annual conference of the International Association of Maritime Economists - IAME 2014, that was held in Norfolk, Virginia, USA. Along with economic monetary value, cruise...
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Determinants of container ports throughput convergence
PortEconomics member Thomas Vitsounis (National ICT Australia), along with Persa Paflioti and Ioannis Tsamourgelis (Department of Shipping, Trade and Transport, University of the Aegean) published their latest study at the academic journal International Journal of Transport Economics. The recent economic recession of 2009 had a significant 'knock-on' effect on container shipping causing a remarkable decline of TEU's handled in seaports on a world scale. This is primarily attributed to the slump in the global economy. The fortunes of the...
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PortEconomics supports the European Conference on Shipping, Intermodalism & Ports - ECONSHIP 2015
PortEconomics suppports the second edition of the European Conference on Shipping, Intermodalism and Ports – ECONSHIP 2015, to be held in Chios Greece, 24-27 June 2015. Following the successful first edition of 2011, ECONSHIP 2015 invites researchers to submit papers on the theme “Shipping and Ports at Crossroads: Competition, Global Sourcing and Regulatory Challenges”. Competitiveness, efficiency and effectiveness stand as core targets of today’s corporate strategies of shipping and ports, and mark relevant regulatory initiatives...
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Port industry performance management: a mesolevel gap in literature & practice
What has the European port industry done for monitoring its performance the last decade? PortEconomics member Michael Dooms together with Mychal Langenus (Vrije Universiteit Brussel) presented their latest study titled 'Port Industry Performance Management: a mesolevel gap in literature and practice?' during the annual conference of the International Association of Maritime Economists - IAME 2014, that was held in Norfolk, Virginia, USA. Over the past few decades, academic literature has been focusing increasingly on performance...
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Incentives in cruise terminal concession contracts
Concession contracts are widely used to structure the relationship between public managing bodies of ports who own the land and terminal operators who are granted the right to exploit the land for an agreed period of time. Academic literature primarily discusses concession contracts related to cargo terminals. However, common arrangements in concession contracts for cargo handling services may or may not work in a cruise setting. PortEconomics co-directors Theo Notteboom and Thanos Pallis, together with Grace Wang (Department of Maritime...
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