Maritime Business Review最新文献

{"title":"Liner shipping network design with sensitive demand","authors":"Ali Cheaitou, Sadeque Hamdan, R. Larbi","doi":"10.1108/MABR-10-2019-0045","DOIUrl":"https://doi.org/10.1108/MABR-10-2019-0045","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine containership routing and speed optimization for maritime liner services. It focuses on a realistic case in which the transport demand, and consequently the collected revenue from the visited ports depend on the sailing speed.\u0000\u0000\u0000Design/methodology/approach\u0000The authors present an integer non-linear programming model for the containership routing and fleet sizing problem, in which the sailing speed of every leg, the ports to be included in the service and their sequence are optimized based on the net line's profit. The authors present a heuristic approach that is based on speed discretization and a genetic algorithm to solve the problem for large size instances. They present an application on a line provided by COSCO in 2017 between Asia and Europe.\u0000\u0000\u0000Findings\u0000The numerical results show that the proposed heuristic approach provides good quality solutions after a reasonable computation time. In addition, the demand sensitivity has a great impact on the selected route and therefore the profit function. Moreover, the more the demand is sensitive to the sailing speed, the higher the sailing speed value.\u0000\u0000\u0000Research limitations/implications\u0000The vessel carrying capacity is not considered in an explicit way.\u0000\u0000\u0000Originality/value\u0000This paper focuses on an important aspect in liner shipping, i.e. demand sensitivity to sailing speed. It brings a novel approach that is important in a context in which sailing speed strategies and market volatility are to be considered together in network design. This perspective has not been addressed previously.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2021-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48052343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mutual information analysis of the factors influencing port throughput","authors":"M. Eskafi, M. Kowsari, A. Dastgheib, Gudmundur F. Ulfarsson, P. Taneja, R. Thorarinsdottir","doi":"10.1108/mabr-05-2020-0030","DOIUrl":"https://doi.org/10.1108/mabr-05-2020-0030","url":null,"abstract":"\u0000Purpose\u0000Port throughput analysis is a challenging task, as it consists of intertwined interactions between a variety of cargos and numerous influencing factors. This study aims to propose a quantitative method to facilitate port throughput analysis by identification of important cargos and key macroeconomic variables.\u0000\u0000\u0000Design/methodology/approach\u0000Mutual information is applied to measure the linear and nonlinear correlation among variables. The method gives a unique measure of dependence between two variables by quantifying the amount of information held in one variable through another variable.\u0000\u0000\u0000Findings\u0000This study uses the mutual information to the Port of Isafjordur in Iceland to underpin the port throughput analysis. The results show that marine products are the main export cargo, whereas most imports are fuel oil, industrial materials and marine product. The aggregation of these cargos, handled in the port, meaningfully determines the non-containerized port throughput. The relation between non-containerized export and the national gross domestic product (GDP) is relatively high. However, non-containerized import is mostly related to the world GDP. The non-containerized throughput shows a strong relation to the national GDP. Furthermore, the results reveal that the volume of national export trade is the key influencing macroeconomic variable to the containerized throughput.\u0000\u0000\u0000Originality/value\u0000Application of the mutual information in port throughput analysis effectively reduces epistemic uncertainty in the identification of important cargos and key influencing macroeconomic variables. Thus, it increases the reliability of the port throughput forecast.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42398001","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Security risk management: a case of Qalhat liquefied natural gas terminal","authors":"K. Mokhtari, N. A. Rahman, H. Soltani, Salim Al Rashdi, Kawkab Abdul Aziz Mohammed Al Balushi","doi":"10.1108/mabr-05-2020-0028","DOIUrl":"https://doi.org/10.1108/mabr-05-2020-0028","url":null,"abstract":"\u0000Purpose\u0000At the substantive level, there exists a gap in knowledge about the position of security risk management (i.e. SRM) during the terminals’ operations and management; particularly when there is potential for deliberate anti-security acts. Correspondingly, the purpose of this paper is a need for more practical research to find out the justification for the existence of the SRM and different techniques for its appropriate execution on these logistics infrastructures principally with due regard to the potential requirements in the near future.\u0000\u0000\u0000Design/methodology/approach\u0000Both qualitative and quantitative techniques are used in this study incorporating fuzzy set theory and risk assessment matrix to achieve the research objective.\u0000\u0000\u0000Findings\u0000A designed SRM framework tailored for Qalhat liquefied petroleum gas (LNG) terminal in Sultanate of Oman was established to manage the security threats which can be resulted from any probable terrorist attacks.\u0000\u0000\u0000Research limitations/implications\u0000The limited numbers of experts for the purpose of the addressed SRM are causing challenges in data collection.\u0000\u0000\u0000Practical implications\u0000The pressures for enhanced attention to critical infrastructure security have fostered new challenges for petrochemical seaports and terminals (PSTs). These tendencies dictate to maintain comprehensive security regimens that can be integrated with national and international strategies to support the country’s security against terrorism.\u0000\u0000\u0000Originality/value\u0000The development of the security risk factor table model in the case of Qalhat LNG Terminal.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47534455","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A valuation approach of port funding strategies with application to a container terminal concession in Sub-Saharan Africa","authors":"D. Fraser, Thando Mpikeleli, T. Notteboom","doi":"10.1108/mabr-12-2019-0057","DOIUrl":"https://doi.org/10.1108/mabr-12-2019-0057","url":null,"abstract":"\u0000Purpose\u0000Increased economic activity in sub-Saharan Africa (SSA) has given rise to increased demand for port development. Given the often scarce availability of national public funding, port institutional reform programmes have been implemented to pave the way for the inclusion of external port investors. Notwithstanding this fact, some sub-Saharan African Governments remain institutionally locked into the notion that state-owned enterprises remain an appropriate vehicle for port terminal operations. This, despite the fact that terminal operational concessions globally and within the continent of Africa are increasingly being managed by global terminal operators. Given this context, this study aims to evaluate different port valuation and funding strategies. Two research questions form the core of this research: what is the financial value of a concession? What is the most cost advantageous funding strategy? The methodology is applied to the development of a two-berth container terminal in SSA.\u0000\u0000\u0000Design/methodology/approach\u0000After reviewing a range of financial valuation and funding techniques, the study presents valuation and funding model applicability-fit tests. Thereafter, a suitable valuation technique is selected and applied to the case study providing a concession valuation. Different funding strategies are applied to the valuation model to determine the cost implications of each funding instrument given the local context and institutional constraints applicable to SSA. Finally, the study discusses the significance of the results to potential SSA port investors by highlighting the impact of each funding approach on key financial metrics.\u0000\u0000\u0000Findings\u0000The study presents a range of financial investment appraisal results for the case study concession in consideration of four specific funding strategies. The highest concession valuation could be attributed to a higher debt ratio as a principal funding strategy. In addition, this funding approach (100% debt) realised the shortest payback period and the highest internal rate of return values. The authors, however, maintain that the optimal funding strategy for a concession depends ultimately on the financial goals of the investor.\u0000\u0000\u0000Originality/value\u0000This research makes a contribution to the existing literature on port finance and development by presenting a structured approach to the evaluation of the valuation and funding techniques, which can be used in terminal development subject to the specific local context and institutional constraints (in this case applicable to SSA). The study provides practical insight into the potential cost of the considered terminal concession for private or public sector participants and a view of the most cost advantageous funding strategy available for interested investors.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mabr-12-2019-0057","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48128487","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An econophysics approach to forecast bulk shipbuilding orderbook: an application of Newton’s law of gravitation","authors":"Q. Sakalayen, O. Duru, Enna Hirata","doi":"10.1108/mabr-03-2020-0019","DOIUrl":"https://doi.org/10.1108/mabr-03-2020-0019","url":null,"abstract":"\u0000Purpose\u0000Bulk shipping mostly facilitates the smooth flow of raw materials around the globe. Regardless, forecasting a bulk shipbuilding orderbook is a seldom researched domain in the academic arena. This study aims to pioneer an econophysics approach coupled with an autoregressive data analysis technique for bulk shipbuilding order forecasting.\u0000\u0000\u0000Design/methodology/approach\u0000By offering an innovative forecasting method, this study provides a comprehensive but straightforward econophysics approach to forecast new shipbuilding order of bulk carrier. The model has been evaluated through autoregressive integrated moving average analysis, and the outcome indicates a relatively stable good fit.\u0000\u0000\u0000Findings\u0000The outcomes of the econophysics model indicate a relatively stable good fit. Although relevant maritime data and its quality need to be improved, the flexibility in refining the predictive variables ensure the robustness of this econophysics-based forecasting model.\u0000\u0000\u0000Originality/value\u0000By offering an innovative forecasting method, this study provides a comprehensive but straightforward econophysics approach to forecast new shipbuilding order of bulk carrier. The research result helps shipping investors make decision in a capital-intensive and uncertainty-prone environment.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49576151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Assessment of port environmental protection in Taiwan","authors":"P. Tseng, Manwo Ng","doi":"10.1108/mabr-04-2020-0022","DOIUrl":"https://doi.org/10.1108/mabr-04-2020-0022","url":null,"abstract":"\u0000Purpose\u0000There are many different pollution reduction strategies even within different ports in the same country. Every port can learn from these environmental protection strategies. What remains universally key, though, is to select the optimum strategy to reduce pollution. This paper aims to use a fuzzy analytic hierarchy process (FAHP) to prioritize the relative weights of key criteria assessing the port environmental protection and select the best port in Taiwan.\u0000\u0000\u0000Design/methodology/approach\u0000Four criteria and eleven sub-criteria of the FAHP model are developed through expert interviews and relevant literature review. Three alternative ports considered are Kaohsiung, Keelung and Taichung. The expert questionnaire samples (23) include four groups: shipping operators, port operators, governmental officials and academics.\u0000\u0000\u0000Findings\u0000Results indicate that finance is the most important evaluation criteria, followed by port environmental policy, technology and stakeholders. Among the three ports compared, Kaohsiung Port is selected as the best port, followed by Keelung and Taichung port.\u0000\u0000\u0000Originality/value\u0000The result of this paper can help fill the gap in the existing literature regarding decision analysis techniques for port pollution regulation and expect to present a holistic picture of the important evaluation criteria related to port environmental protection as well as raise issues of public awareness concern and consequently improve green port sustainability.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47237527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The global trends of automated container terminal: a systematic literature review","authors":"W. K. Kon, N. A. Rahman, R. Hanafiah, Saharuddin Abdul Hamid","doi":"10.1108/mabr-03-2020-0016","DOIUrl":"https://doi.org/10.1108/mabr-03-2020-0016","url":null,"abstract":"\u0000Purpose\u0000Since the first automated container terminal (ACT) was introduced at Europe Container Terminals Delta Terminal in Port Rotterdam back in the year 1992, a lot of research had been done to improve the management of ACT. However, up until recently, the number of literature available still appeared scarce. Hence, this paper aims to review the collection of literature about ACT to generate an exhaustive summary to answer the formulated review question in this study.\u0000\u0000\u0000Design/methodology/approach\u0000Preferred reporting items for systematic reviews and meta-analyses to narrow down the search parameters of literature retrieved so that only relevant articles were only selected. The systematic literature reviews were applied to analyse the content of the articles retrieved to determine its journal ranking, research findings and timeline of publications.\u0000\u0000\u0000Findings\u0000The adoption of ACT technology by container terminal operators could increase the terminal efficiency in productivity, cost reduction and environmental sustainability. Owing to global environmental awareness, the research trend of container terminal field and container terminal operator in the terminal design is much more environmentally friendly oriented.\u0000\u0000\u0000Research limitations/implications\u0000The limited numbers of experts in the management of ACT are causing challenges in data collections.\u0000\u0000\u0000Practical implications\u0000The analysis of the global ACT trend could help academicians and industrial investors to review the revolution timeline of maritime technology in port and shipping that is happening rapidly.\u0000\u0000\u0000Originality/value\u0000The analysis of timeline and collective literature leads to the propose of the conceptual framework to determine the relationship between increased productivity, cost reduction and environmentally sustainable.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mabr-03-2020-0016","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46972698","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Restructuring seafarers’ welfare under the Maritime Labour Convention: an empirical case study of Greece","authors":"Pengfei Zhang, L. Zhao, Olga Vata, Sriram Rajagopal","doi":"10.1108/mabr-02-2020-0009","DOIUrl":"https://doi.org/10.1108/mabr-02-2020-0009","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine three of the major issues relating to the welfare of seafarers, including wages, social security benefits and onboard and ashore welfare facilities and services. It is impossible to research all countries here, so this paper selects Greece – which is one of today’s primary shipping countries as for shipowning, as well as for global supply and demand for seafarers – to conduct an empirical case study.\u0000\u0000\u0000Design/methodology/approach\u0000Based on the existing knowledge and scholarship, and primary data collected in several phases of fieldwork, this paper intends to critically examine three major issues relating to the welfare for Greek seafarers, namely, wages, social security benefits and onboard and ashore welfare facilities and services.\u0000\u0000\u0000Findings\u0000This paper finds that they face poor labour conditions, which are getting worse due to the depressed world and Greek economies and intense financial pressures on shipping companies. The entry into force of the Maritime Labour Convention 2006 has a significant impact on the world maritime industry.\u0000\u0000\u0000Research limitations/implications\u0000This paper critically examines the three major issues relating to the welfare of Greek seafarers.\u0000\u0000\u0000Originality/value\u0000Such issues, which Greece is facing are also common in other countries, so the findings and suggestions revealed from this paper are of importance for the global shipping industry and other states.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mabr-02-2020-0009","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48720406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Exploring potential cruisers behavior based on a preference model: the Japanese cruise market","authors":"T. Kawasaki, Yui-yip Lau","doi":"10.1108/mabr-03-2020-0011","DOIUrl":"https://doi.org/10.1108/mabr-03-2020-0011","url":null,"abstract":"\u0000Purpose\u0000The purpose of this study is to analyze the preferences of potential Japanese cruise ship tourists and identify the factors influencing their participation in cruise ship tourism. In the analysis, preference for cruise ports in East Asia is also examined.\u0000\u0000\u0000Design/methodology/approach\u0000The behavioral model of potential cruiser is developed through a mixed ordered logit approach. The data are collected by means of the stated preference method with the application of a Web-based questionnaire. Multiple answers are collected from each respondent. Hence, panel effects between answers are considered so as to obtain a robust model.\u0000\u0000\u0000Findings\u0000The results show that Nagasaki and Hong Kong ports are preferred, and other domestic ports, namely, Kobe, Kagoshima, and Naha are also relatively popular places to visit. However, potential Japanese cruisers are reluctant to visit two South Korean destinations which are frequently selected as cruise lines by avoiding Cabotage rule. Besides, shorter cruise duration and lower prices increase the possibility of participation in cruise tourism, particularly for working people. Retirees tend to have less interest in cruise tourism. However, Japanese-related services will increase retirees’ intentions to participate in cruise tourism.\u0000\u0000\u0000Research limitations/implications\u0000This study attempts to analyze potential cruisers’ behavior toward cruise ship tourism in Japan and discusses how to increase the number of cruisers participating in cruise ship tourism. In this vein, repeat behavior should also be analyzed. Repeat behavior contributes to the maintenance and increase in cruisers in Japan.\u0000\u0000\u0000Originality/value\u0000There is no study on potential cruiser’s behavior analysis in Japan which is the emerging country as cruise market. Thus, the number of potential cruisers is expected to be high. This study reveals that potential cruisers’ preferences on cruise ship services (e.g. duration, price, on board services, etc.), which are separately analysed for working ages and retirees. Besides, preferences on port of calls in East Asian context are revealed. These results are useful for cruise ship industries, especially for cruise lines.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mabr-03-2020-0011","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42565138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Ship routing and scheduling systems: forecasting, upscaling and viability","authors":"Said El Noshokaty","doi":"10.1108/mabr-04-2020-0027","DOIUrl":"https://doi.org/10.1108/mabr-04-2020-0027","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to resolve three problems in ship routing and scheduling systems. Problem 1 is the anticipation of the future cargo transport demand when the shipping models are stochastic based on this demand. Problem 2 is the capacity of these models in processing large number of ships and cargoes within a reasonable time. Problem 3 is the viability of tramp shipping when it comes to real problems.\u0000\u0000\u0000Design/methodology/approach\u0000A commodity-trade forecasting system is developed, an information technology platform is designed and new shipping elements are added to the models to resolve tramp problems of en-route ship bunkering, low-tide port calls and hold-cleaning cost caused by carrying incompatible cargoes.\u0000\u0000\u0000Findings\u0000More realistic stochastic cargo quantity and freight can now be anticipated, larger number of ships and cargoes are now processed in time and shipping systems are becoming more viable.\u0000\u0000\u0000Practical implications\u0000More support goes to ship owners to make better shipping decisions.\u0000\u0000\u0000Originality/value\u0000New norms are established in forecasting, upscaling and viability in ship routing and scheduling systems.\u0000","PeriodicalId":43865,"journal":{"name":"Maritime Business Review","volume":" ","pages":""},"PeriodicalIF":3.0,"publicationDate":"2020-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mabr-04-2020-0027","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46404634","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}