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Container lines: adjusting business models to cope with markets and revenue volatility
Containers lines adjust their business model to cope with market and revenue volatility, and PortEconomics co-director Theo Notteboom, in cooperation with Ahmed Mowafy Fakhr-Eldin, presented a study on how they do so during the annual conference of the International Association of Maritime Economists - IAME 2012, that was held in Taipei, Taiwan. In recent decades, container trade has been one of the fastest growing segments of the shipping industry. In 2009 global container traffic faced a significant drop leading to difficult times for...
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Foreign Direct Investments (FDI) in seaports: the case of Nigeria
PortEconomics co-director Thanos Pallis presented his latest research on Foreign Direct Investments (FDI) in seaports: The case of Nigeria, during the annual conference of the International Association of Maritime Economists - IAME 2012, that was held in Taipei, Taiwan. Policy reforms and subsequent entry of private port terminal operators in Nigeria ports provides an interesting case study of port policy practices to attract and benefit from foreign direct investment (FDI). FDI in port infrastructure is an attractive policy option for...
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Opening up port terminals to outsiders: Lessons from south Africa
PortEconomics member Vicky Kaselimi presented her latest research on the effects of opening up terminal business to outsiders: A game theoretical approach with application to the South African ports, during the annual conference of the International Association of Maritime Economists - IAME 2012, that was held in Taipei, Taiwan. Most ports around the world are governed following the landlord port authority scheme. Under this management model, terminal operations are awarded to private companies using long-term concession agreements that...
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Cascading effect, network configuration and optimal transshipment volumes
PortEconomics member Pierre Cariou, in collaboration with Ali Cheaitou, presented their latest research on Cascading Effect, Network Configuration and Optimal Transshipment Volumes during the annual conference of the International Association of Maritime Economists - IAME 2012, that was held in Taipei, Taiwan. As a consequence of the emergence of large container ships, which have driven freight rates down and left companies struggling with over-capacity, liner shipping companies have faced an unprecedented drop in demand. One of the...
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Terminal concessions in seaports revisited
The awarding of terminals in seaports are the theme of the latest issue of the Maritime Policy and Management. The issue is co-edited by PortEconomics co-directors Theo Notteboom, and Thanos Pallis, in collaboration with Dr. Sheila Farrell. In many countries around the world, governments and public port authorities have retreated from port operations in the belief that enterprise-based port services and operations would allow for greater flexibility and efficiency in the market (through more competition) and a better response to...
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Companion to port economics: new publication includes key insights in ports by the PortEconomics team
Year 2011 concludes with a highlight for the port research activities of the PortEconomics team, the contribution of five port studies in the just published Blackwell Companion to Maritime Economics. The volume, edited by Wayne Talley, provides a comprehensive and in-depth coverage of the entire scope of issues relating to shipping and port economics, containing in total 11 chapters concerned with the economics of ports – i.e., the provision of port services and the users of these services, Mary Brooks and Thanos Pallis discuss the...
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Port Effectiveness: Users' perspectives in North America
A new port study by Mary Brooks, Thanos Pallis and Tony Schellinck examining Users' perspectives of port effectiveness in North America is published in Transport Research Records (TRR), an ISI indexed scholarly journal published by the Transportation Research Board in US. (vol. 2222, pp. 34-42), This study discusses the findings of a survey of port users' perspectives in North America that identifies and evaluates a key, yet under-researched, component of port performance, that is effectiveness in delivering port services to port users....
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Key Performance Indicators & Balanced Scorecard in ports
Dr. Thomas Vitsounis delivers an invited lecture on Key Performance Indicators and Balanced Scorecard in Ports during the Masport Seminar that was held in Valencia, November 10th-11th 2011. Thomas presented the output of mainstream research on Balanced port performance measurement with the emphasis being on port users' perceived value. Moreover, Thomas had the opportunity to present the recent output of the "Port Performance Indicators: Selection and Measurement" project to a vibrant and of top quality audience. The MASPORT...
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