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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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Minimum Efficient Scale vs Preferred Scale of Container Terminals
The scale of a port terminal is the theme of a new port study, by PortEonomics members Vicky Kasselimi, Theo Notteboom, Thanos Pallis and Sheila Farrell. The decision on the scale of a port terminal affects the terminal‟s managerial, operational and competitive position in all the phases of its life. It also affects competition structures in the port in which the terminal is operating, and has a potential impact on other terminals. Port authorities and terminal operators need to know the scale of the terminal when engaging in concession...
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Port Competition: The impact of liner shipping service scheduling
PortEconomics members Theo Notteboom, and Wei Yim Yap investigate the competitive dynamics between container ports in the light of liner shipping scheduling in a port study published in the latest issue of the scholarly journal Maritime Policy and Management (vol. 38, issue 5). Container ports provide the primary interface where physical exchange between buyers and sellers of containerised shipping capacity can be consolidated and realised. Consequently, ports that are able to complement and add value to the objectives of shipping lines and...
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