PortStudies

November 20th, 2019
PortStudies

The introduction of ever-larger containerships is a much-discussed topic in academic and business circles. The largest containership size has evolved from about 5,500 TEU in 1995 to more than 23,000 TEU in 2019. The economic rationale for further scale increases in ship size is largely dependent on the current and future market conditions in the container shipping market, the adaptive capacity of ports and terminals (both economically and technologically) and, as of late, environmental requirements and considerations. The latest paper...
September 25th, 2019
PortStudies

In 1990 Richard O. Goss wrote four seminal articles about the economic principles underlying port policies, which were published in Maritime Policy and Management under the title Economic Policies and Seaports. These explored the economic functions of seaports, the diversity of port institutions, the need for port authorities, and the strategies that ports might adopt to promote port efficiencies. Economic principles included the existence of seaports for the benefit of traders, the use of competition to maximise public welfare, the...
September 12th, 2019
PortStudies

The latest port study of PortEconomics member Jason Monios applies the theory of polycentric governance to the port sector. The study demonstrates that port governance is already polycentric, including a variety of actors at different scales with overlapping jurisdictions, but some of the established principles of effective polycentric governance such as collective choice arrangements and distribution of costs are not currently in place. This has resulted in an inability to manage current challenges, which can be broadly divided into...
August 5th, 2019
PortStudies

With Greece being a major shipping country worldwide and Piraeus being one of the most dynamic ports in Europe, the clustering of shipping and shipping related activities can be of valuable importance in the formation of a leading maritime capital as well as a significant value added for the country’s economy. In the case of Greece and more specifically in the case of Piraeus, the presence and the structure of a shipping cluster remained unexplored. The latest port study of PortEconomics members George Vaggelas and Thanos Pallis, is...
July 12th, 2019
PortStudies

LNG as a marine fuel represent a viable solution for making the maritime and port industry more sustainable, as it allows reducing emissions and pollutants, such as SOx and NOx, compared with traditional fuels. Although a number of academics and practitioners has addressed the phenomenon, by investigating environmental, social economic and financial issues related to the adoption of LNG-propulsion systems in the shipping sector, prior studies predominantly assumed a ship-owner or a shipping company’ perspective. Conversely, the analysis of...
June 13th, 2019
PortStudies

Going beyond the usual approach of measuring port performance – focusing on the efficiency of port operations – the latest port study of PortEconomics member George Vaggelas, aims to look into shipping lines and other port users’ perceptions on port performance. The study develops a framework measuring the perceptions of port users (i.e. shipping companies, shippers, etc.) on port performance. A typology of elements that shape port users’ perceptions has been developed with an eye on capturing the peculiarities of different port...
May 20th, 2019
PortStudies

Port management entities, -or, Port Authorities, in a most accustomed context are increasingly involved in collaborations with other ports, commercial entities and institutions. As Port Authorities (PAs) ‘go international’ via several strategies, they expand collaborations well beyond the notion of proximity. While they continue to be involved in various forms of collaboration with ports and other entities located in nearby proximate regions, they also seek to establish and benefit by relationships with geographically non-proximate ports...
April 10th, 2019
PortStudies

Container throughput in ports of Latin America and the Caribbean increased by 7.7% in 2018 in comparison with the previous year, according to Port Activity Report of Latin America and the Caribbean 2018 by ECLAC. This analysis is based on the performance of a sampling of 31 countries and 118 ports and port areas in the region. According to the data of the sampling compiled by ECLAC, in 2018 the East Coast of South America (ECSA) recorded a 12% increase in the activity of ports and port areas, measured in terms of volume. Meanwhile,...
March 19th, 2019
PortStudies

The last two decades the structure, strategies, and operational frameworks of cruise ports changed in too many respects. Infrastructure renewal and construction has been accompanied by a wave of reform in cruise ports governance. Cruise ports management has matured with sophisticated strategies involving port professionals and linked port service providers and stakeholders. Operational practices have been reformed serving the changing features of the deployed (bigger) vessels and the modern cruise product. The reorganisations have in...
March 6th, 2019
PortStudies

PortEconomics members Michaël Dooms, Larissa Van Der Lugt, Francesco Parola, Giovanni Satta, joined by Dong-Wook Song (World Maritime University) in their latest port study, published at the scientific journal Maritime Policy and Management, aimed to establish a framework being conceptually able to explain a variety of internationalization strategies and related activities employed by port managing bodies (PMBs), as defined by the European Sea Ports Organisation (ESPO) in 2018, considering their hybrid nature. Having identified a potential to...
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