Cruise

May 7th, 2015
Cruise

By Thanos Pallis The deployment of bigger cruise vessels along the globe are associated with the continuous increase of the average number cruise passengers that reach a cruise port via one call alone. The figures of the Mediterranean and the adjoining seas, the second biggest cruise region of the world provides a clear examble of this trend. During the last five years, the average number of passengers per cruise call increased by 13,3%, or from 1.657 to 1.878 passengers per call. The increase within the last decade is even more...
March 29th, 2015
Cruise

By Thanos Pallis Which are the top-10 cruise ports in the Meditteranean and its adjoining seas? PortEconomics co-director Thanos Palllis compiled the list of the 10 largest cruise ports in terms of passenger movements in 2014, and compared these figures to the years 2013 and 2010, in a single picture, with PortEconomics provides this information to its readers. The data were collected in the context of a statistical report prepared for MedCruise (the association of ports in the Med and its adjoining seas), with Thanos Pallis,...
March 26th, 2015
Cruise

This year's edition of the annual statistical report prepared by the MedCruise secretariat reveals some interesting trends in the regional cruise port industry. Thanos Pallis, PortEconomics co-director and secretary general of MedCruise (the Association representing cruise ports in the Med and its adjoining seas), provides his view point on the major lessons learnt in a commentary featured in the latest issue of International Cruise & Ferry Review (Spring/Summer 2015 ). You might freely download and read the commentary via...
March 20th, 2015
Cruise

How is a cruise terminal selected? what is the role of institutional factors in site selection and terminal evolution? When the Asian cruise market turn one of the most dynamics around the globe, the latest study of PortEconomics members Thanos Pallis and Adolf Ng, along along with Yui-Yip Lau and Ka-Chai Tam provide an institutional analysis on how the site of Hong Kong's Kai Tak Cruise Terminal (KTCT) was selected following the closure of Kai Tak Airport in 1998. The study focuses on how the struggle of the preexisting cruise terminal...
February 9th, 2015
Cruise

River tourism becomes for many ports an important development area that often requires additional infrastructure investments. As such there is a need to understand whether such investments are legitimized by the expected economic impacts. To this end, PortEconomics member Michael Dooms and PortEconomics associate member Elvira Haezendonck along with Mitchell van Balen (Vrije Universiteit Brussel, Department of Business, Unit Management and Strategy), in their latest port-study titled "River tourism development: The case of the port of...
January 14th, 2015
Cruise

The cruise industry has witnessed an uninterrupted growth over the last thirty years. An industry focused on the United States and the Caribbean emerged progressively as a global industry transporting close to 21 million passengers in 2013. While the global financial crisis of 2008–09 had a major impact over maritime shipping, cruise shipping and cruise ports continued to enjoy a steadily rising number of passengers. This growth continues with innovative, feature-rich ships, the use of an increasing number of ports of call and turnaround...
November 21st, 2014
Cruise

A Study on the site selection process of the Kai Tak cruise terminal in Hong Kong is the latest study of PortEconomics co-director Thanos Pallis, and PortEconomics associate member Adolf Ng along with Yui-yip Lau (The Hong Kong Polytechnic University) and Ka-chai Tam (Hong Kong Baptist University) presented during the the annual conference of the International Association of Maritime Economists - IAME 2014, that was held in Norfolk, Virginia, USA. The stydy undertakes a historical review study on the process of site selection of Hong...
October 7th, 2014
Cruise

Which is the strategy of cruise ports in Europe? How do they advance their interest and promote cruise activities in Europe? Is China and the development of cruise shipping a challenge? Porteconomics co-director Thanos Pallis answers these questions in an interview to Antonis Tsimplakis, hosted in Naftemporiki, the 90 years old daily economic newspaper. The interview (in Greek) might be downloaded @ PortEconomics.
August 19th, 2014
Cruise

Porteconomics member Francesco Parola, along with Giovanni Satta (Department of Economics and Management, University of Genoa), Lara Penco and Luca Persico (Department of Economics and Business Studies, University of Genoa) presented their latest research on "Destination satisfaction as a predictor of cruiser expenditures and behavioural intensions" during the the annual conference of the International Association of Maritime Economists - IAME 2014, that was held in Norfolk, Virginia, USA. Along with economic monetary value, cruise...
July 30th, 2014
Cruise

Concession contracts are widely used to structure the relationship between public managing bodies of ports who own the land and terminal operators who are granted the right to exploit the land for an agreed period of time. Academic literature primarily discusses concession contracts related to cargo terminals. However, common arrangements in concession contracts for cargo handling services may or may not work in a cruise setting. PortEconomics co-directors Theo Notteboom and Thanos Pallis, together with Grace Wang (Department of Maritime...
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