PortStudies
PortStudies
PortStudies
Cyprus creates maritime centre in line with PortEconomics members recommendations
Cyprus is already putting into effect the first recommendations of a study by a team involving PortEconomics members Thanos Pallis and George Vaggelas, and partners, that aims to help the country rekindle growth as a shipping centre after several flat years. The study, prepared after a government tender, has put forward a five-point action plan designed to boost the island against the claims of other maritime hubs and open ship registries at a time of industry volatility and heightened competition. Blueprint for Action The recommendations...
PortStudies
Cooperation and vertical integration in cruise ports
The cruise sector is one of the fastest growing market segments in shipping and seaport activities. However, the high level of market concentration and the geographical concentration of passenger flows at departure ports and destinations lead to possible congestion and delays in handling cruise vessels and passenger services. The increasing importance of coordination, cooperation, and vertical/horizontal integration may effectively impact the performance of cruise lines, cruise ports, and involved service providers. The scale of vertical...
PortStudies
Characterizing the cycle in seaports: An Australian case study
With approximately 90% of global trade in volume being carried by sea, seaports are a core strategic resource driving the regional economy within the context of globalization and trade boom. Yet, seaports are not well integrated with mainstream economics and efforts to quantitatively analyze seaports' activity with the use of basic economic concepts remain very limited. Business cycles are considered a profound economic theory and, stimulate a wide area of research and the formulation of indicators of economic activity. To day, the cyclicality...
PortStudies
Port investments on coastal and marine disasters prevention: economic modelling and implications
Located along shorelines, seaports are highly vulnerable to coastal and marine natural disasters. Damage caused by disasters can be prevented or alleviated if sufficient investments are made in a timely manner. However, despite a wide range of investment options and well-developed engineering expertise, port investment on disaster prevention remains a challenging task involving great complexities. PortEconomics associate member Adolf Ng along Yi-bin Xiao (University of Electronic Science and Technology of China), Xiaowen Fu (University of...
PortStudies
Cruise port market dynamics: The Med
The Meditteranean and its adjoining seas have transformed to a multi-port cruise region hosting several millions of passenger movements, with the intra-region dynamics remaining unexplored. In their latest study, PortEconomics co-director Thanos Pallis along with Kleopatra Arapi (University of the Aegean), generates knowledge on the patterns, structures, and growth geography in the second biggest cruise port in the last decade (2005-2014). The analysis of the passenger movements data provided by 69 cruise ports detail the port...
PortStudies
13th Port Performance Research Network (PPRN) meeting
The 13th meeting of the Port Performance Research Network (PPRN) takes place on Sunday, 23rd August, in Kuala Lumpur Malaysia, with PortEconomics members meeting together with fellow maritime economists interested in port research at the eve of the 2015 Annual Conference of the International Association of Maritime Economists (IAME). PPRN is an informal network of maritime economists interested in issues of port policy. It was established at the IAME 2001 meeting in Hong Kong to undertake empirical testing of port governance, and is...
PortStudies
Port performance management: mind the gap
Port research has been focusing increasingly on performance management. A great deal of port studies have pointed out that port performance management has evolved from mere financial measurements to a multitude of indicators, and that the subject being measured can range from micro-level (an organization), meso-level (industry) to macro-level (regional or national) performance. PortEconomics member Michael Dooms, along with Mychal Langenus (Vrije Universiteit Brussel), on their latest port study - published in the International Journal of...
PortStudies
Concession agreements and market entry in the container terminal industry
The capabilities and strategies required for obtaining a concession to operate a container terminal in a seaport is the theme of the study conducted by the three PortEconomics co-directors, Thanos Pallis, Theo Notteboom and Peter de Langen, and is now part of a new volume "Port Management", just published by Palgrave. The volume is edited by Prof Hercules Haralambides (Erasmus University and Port of Brindisi), and brings together a collection of seminal papers from Palgrave's journal, Maritime Economics and Logistics. It is a...
PortStudies