PortStudies
PortStudies
PortStudies
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...
PortStudies
“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,...
PortStudies
Challenges and bottlenecks for green port management in Africa: Kenya
Since the 1990s, negative environmental externalities related to port activity have been a widely researched topic, in particular since port expansion projects in developed economies got delayed due to litigation and court decisions invoking environmental harms (e.g. emissions) or losses (e.g. birds and habitats). The introduction of a green port management or a green port policies was formulated as an answer on the level of port authorities, and in particular trade associations in the developed economies have been active in promoting green...
PortStudies
Competitive advantages in integrated port clusters: the Antwerp seaport
In the context of increased scale of carriers and vessel sizes, stakeholder opposition to port expansion, and heavy regulation, ports prepare their strategic response. A port’s competitive strength strongly depends on its capability of developing competitive advantages. Ports consider options such as strategic partnership(s), or any form of collaboration, which could lead to more or alternative combinations of unique resources as sources of competitive advantage. Taking an extended resource base perspective, the competitive advantages of the...
PortStudies
Resilience in seaports
The concept of resilience in seaport-related research is the subject of the PortEconomics members Theo Notteboom, Michael Dooms and Indra Vonck new port study. The authors build upon the notion of resilience based on the literature and construct an integrated framework of port resilience encompassing all layers of port activities. Resilience is the science of preparing for, dealing with, and recuperating from shocks. Recent highly disruptive natural and man made events have shown the social costs of seaport failures. Three propositions are...
PortStudies
PortEconomics members study on cruise terminals wins best paper award at IAME2017
PortEconomics members Thanos Pallis, Francesco Parola, Giovanni Satta, and Theo Notteboom study on private entry and emerging partnerships in cruise terminals operations in cruise ports in the Mediterranean and its adjoining seas has won the Maritime Economics and Logistics (MEL) Best paper award at the Annual Conference of the International Association of Maritime Economists (IAME), that was held in Kyoto Japan. The study which will be soon published in the scholarly journal Maritime Economics and Logistics (MEL) details the entry...
PortStudies
Performance of initial public offerings (IPOs) in the port industry
Market players active in the port industry deploy a range of financial sources to meet the growing investment requirements in port infrastructure and to fund their (overseas) expansion strategies. Recent empirical evidence shows that equity capital markets are expected to extend their role in this regard. The latest port study of PortEconomics members Theo Notteboom, Francesco Parola and Giovanni Satta, along with Luca Persico (University of Genoa) deals with the long-term performance of IPOs in the seaport industry as a strategic...
PortStudies
The social and economic value of commercial marine shipping to Canada
The social and economic value of commercial marine shipping to Canada was the theme of a report that was published this week by the Council of Canadian Academies. The report is the outcome of the work of a 10 membes Expert panel chaired by PortEconomics member Mary R. Brooks As a maritime nation, Canada’s economy, culture, environment, and security have long been interlinked with commercial marine shipping. Critical to Canada’s historical development, marine shipping continues to be vital to international trade and the development of...
PortStudies