Thi Le Hang Nguyen, Sung-Hoon Park, Yuna Kim, Gi-Tae Yeo
{"title":"An efficiency analysis of container terminals in Southern Vietnam using DEA dynamic efficiency evaluation","authors":"Thi Le Hang Nguyen, Sung-Hoon Park, Yuna Kim, Gi-Tae Yeo","doi":"10.1016/j.ajsl.2021.09.003","DOIUrl":"10.1016/j.ajsl.2021.09.003","url":null,"abstract":"<div><p>Southern Vietnam is a key economic region for the country, producing 45% of Vietnam’s GDP, despite only accounting for 9% of the country’s total landmass and 21% of its population. Specifically, the Southern Region dominates seaport-based container transportation, contributing 55% of Vietnam’s total vessel calls and 74% of its total container cargo volume, with the North and Central regions trailing far behind. However, despite the sector’s importance, the efficiency of container terminals in Southern Vietnam has not been evaluated by the literature in recent years. This study fills this research gap by using data envelopment analysis (DEA) to evaluate the efficiency of major container terminals in Southern Vietnam. The results of the DEA Malmquist analysis show that most container terminals demonstrated productivity growth between 2017 and 2019, and that this mainly derived from advancements in catch-up operational efficiency and in technological innovation. Moreover, the DEA slack-based measure and DEA undesirable output analyses demonstrate that three container terminals (Cai Mep International Terminal, Tan Cang Cat Lai, and Tan Cang–Cai Mep International Terminal) achieved the maximum efficiency level when both applying and not applying the undesirable output variable. However, other container terminals displayed severe operational inefficiency, with these terminals’ efficiency values decreasing by between 9% and 40% when considering undesirable outputs. The ineffective terminals can therefore be categorized as consuming excessive inputs and lacking in the production of desirable outputs or creating large amounts of undesirable outputs. Therefore, using these results, port authorities and policymakers should be better placed to develop appropriate strategies for managing container terminals in Southern Vietnam.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 4","pages":"Pages 329-336"},"PeriodicalIF":3.1,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521221000444/pdfft?md5=33a2d9ba8e113eb89a301a2e0e8a021a&pid=1-s2.0-S2092521221000444-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125050476","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Important Factors in the Development of Biopharmaceutical Logistics Centers","authors":"Hyunjae Jung , Junwoo Jeon , Hyukjun Choi","doi":"10.1016/j.ajsl.2021.07.003","DOIUrl":"10.1016/j.ajsl.2021.07.003","url":null,"abstract":"<div><p>Human life is at the center of the fourth industrial revolution in the pharmaceutical trade. One of the major factors driving the growth of pharmaceuticals is the rapid growth of biopharmaceuticals. The global biopharmaceutical market is showing steady growth, and the current share of 20% of the drug market is expected to expand to 70% within the next 20 years. The domestic biopharmaceutical market has also turned into a trade surplus due to an increase of exports in 2017. Currently, there are no studies on the establishment of biopharmaceutical distribution centers. Therefore, in this study, it was assumed that the factors needed for the establishment of existing logistics centers and biopharmaceutical logistics centers would differ. In this study, three factors were extracted from a fuzzy AHP analysis – facility, location, and cost. In addition, 11 detailed factors were indicated, and their importance depended on temperature management devices, convenience of transportation, and the establishment of a logistics information system. Thus, facilities are more important in biopharmaceutical logistics centers than general logistics center.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 4","pages":"Pages 301-306"},"PeriodicalIF":3.1,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521221000304/pdfft?md5=8c6003cfe5a5c90c5207f0bbe6711160&pid=1-s2.0-S2092521221000304-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132867460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cybersecurity knowledge and skills for port facility security officers of international seaports: Perspectives of IT and security personnel","authors":"Chalermpong Senarak","doi":"10.1016/j.ajsl.2021.10.002","DOIUrl":"10.1016/j.ajsl.2021.10.002","url":null,"abstract":"<div><p>Cyberattacks on worldwide port facilities have highlighted the urgent need for port facility security officers (PFSOs) to upgrade their cybersecurity knowledge and skills. This study used the survey data from all international container ports in Thailand and analyzed the results from two perspectives, i.e., IT and security officers. Based on 73 responses, cybersecurity knowledge and skill would become essential for PFSOs than ever before because the port digitalization and automation would shape the PFSOs career to a technically-oriented specialist rather than a multi-skilled generalist. Furthermore, the responsibilities of PFSOs would extend to cover cyber risk management, which enables them to prevent the digital port facilities from emerging cyber threats. Therefore, they should learn how to incorporate the existing risk management process with cyber risk management and cybersecurity knowledge because these would be the foundation for PFSOs to practice cybersecurity skills. At the end of the learning process, PFSOs could also gain cybersecurity competence once they have mature knowledge and skill, which would be the vital element of port security hygiene.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 4","pages":"Pages 345-360"},"PeriodicalIF":3.1,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521221000468/pdfft?md5=56f96ba7b18ac062a3a3e7f63361a83f&pid=1-s2.0-S2092521221000468-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126312218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financial analysis effect on management performance in the Korean logistics industry","authors":"Seung Wook Jang, Woo Chul Ahn","doi":"10.1016/j.ajsl.2021.06.003","DOIUrl":"10.1016/j.ajsl.2021.06.003","url":null,"abstract":"<div><p>This study aims to contribute to the stable growth of the logistics industry by analyzing the differences in the financial structures within the Korean logistics industry and the impact of these financial structures on management performance.</p><p>This result shows that there are differences in financial factors that affect return on assets (ROA) and return on equity (ROE) by business types in the logistics industry, they require more management improvement efforts to enhance the soundness of their financial structure. Therefore, they need to recognize differences in major financial factors that affect performance according to the type of business it owns and push forward pre-emptive measures such as management efficiency and improvement of profits accordingly and the diversification of its continuous business portfolio.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 245-252"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.06.003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129770366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Keyword network analysis: Uncovering research trends on the Northern Sea Route","authors":"Thi Le Hang Nguyen, Sung-Hoon Park, Gi-Tae Yeo","doi":"10.1016/j.ajsl.2021.06.001","DOIUrl":"10.1016/j.ajsl.2021.06.001","url":null,"abstract":"<div><p>The Northern Sea Route (NSR) has gradually become viable because of sea ice melting in the Artic. There is a large and diverse body of research on the NSR, investigating aspects such as weather, the environment, legal security, infrastructure and technologies, shipping transportation, and economic issues. However, there has been scant research carried out from a macroscopic perspective on NSR research trends. The purpose of this study is to analyze the trends in research about the NSR by applying a social network analysis. By collecting keywords from academic papers on the NSR, a network of keywords and two indexes (degree centrality and betweenness centrality) are accessed and analyzed. The results show that the trends can be divided into three periods (1899–1999, 2000–2009, 2010–2019). Throughout all periods, the issue of climate change causing the ice in the Arctic to melt has been a consideration for many scholars. In addition, “national security” and “oil exploitation” were important keywords in the first period. In the second period (2000–2010), in addition to words related to the environment, such as “sea ice” and “climate change,” the term “ocean transport” appears and becomes a central topic of research. This is because when the NSR has a non-icy period, ocean transport through the NSR can be deployed. The research trends become obvious in the third period (2011–2019) with two primary research areas: climate change and shipping area, which accurately measure the benefit and cost. This paper shows the importance of the NSR, reviews the main research topics involving the NSR, and informs researchers and authorities as to the trends in academic research on the NSR.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 231-238"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.06.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123002664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Forecasting oil tanker shipping market in crisis periods: Exponential smoothing model application","authors":"George Moiseev","doi":"10.1016/j.ajsl.2021.06.002","DOIUrl":"10.1016/j.ajsl.2021.06.002","url":null,"abstract":"<div><p>This paper fills the gap in the literature of applying an exponential smoothing model in the oil shipping market forecasting. The author refines the adaptive combined model with B-criterion based on Brown's model with modification by Trigg and Leach. Forecasting the values of the average time-charter equivalent of a tanker along 6 different routes of oil transportation in the world ocean during the crisis period 2015–2019. The accuracy of the proposed method is superior to naive, autoregression methods and machine learning models in all used error metrics. The obtained accuracy in 71% of cases is available for commercial use by operators and charterers of the tanker fleet.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 239-244"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.06.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125139857","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Farhan Surury , Ahmad Syauqi , Widodo Wahyu Purwanto
{"title":"Multi-objective optimization of petroleum product logistics in Eastern Indonesia region","authors":"Farhan Surury , Ahmad Syauqi , Widodo Wahyu Purwanto","doi":"10.1016/j.ajsl.2021.05.003","DOIUrl":"10.1016/j.ajsl.2021.05.003","url":null,"abstract":"<div><p>The transportation sector is one of the largest fuel consumers and pollutant contributors worldwide. The International Maritime Organization predicts that the greenhouse gas (GHG) emissions from transportation will be increasing significantly until 2050, driven by the growth in global maritime trade. Managing logistics distribution routes is considered a possible approach for controlling GHG emissions. This study aims to implement a green logistics concept in the logistics distribution of petroleum products—gasoline, kerosene, and diesel—in eastern Indonesia, whose supply sources are refineries located in Balikpapan and Kasim. A multi-objective approach is used to implement the green logistics concept. Multi-objective optimization is conducted using the AIMMS software to optimize a logistics system consisting of a multi-depot, multi-product, and heterogeneous fleet. The optimization is performed to determine the best logistics route and the amount of products delivered using certain types of fleets to minimize transportation cost and GHG emissions using constant speed. In addition, this study also investigates the effect of variable speed on cost and CO<sub>2</sub> emissions. For the constant speed case, the distribution routes obtained for the minimizing cost scenario tends to maximize the utilization of transit terminals while in the minimizing emissions scenario tends to deliver directly to the distribution centers, so the route decision in multi-objective optimization scenario is combination of the two. The multi-objective optimization results an 11% cost reduction and a 17% GHG emission reduction compared with the current values. The comparison between constant and variable speed reveals that the variable speed is preferred to constant speed as it gives lower emissions with slight changes in cost.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 220-230"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.05.003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116768838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Alliance models among value chain participants in foreign markets: A focus on Korean LSPs","authors":"Hunsoo Lee","doi":"10.1016/j.ajsl.2021.07.001","DOIUrl":"10.1016/j.ajsl.2021.07.001","url":null,"abstract":"<div><p>This paper develops conceptual value chain alliance models through literature review and case studies. And it analyzes economic, industrial and logistics environments of Vietnam, Indonesia, Thailand, Myanmar and Ghana. Then the structure, flow and partnership of VC and SC and willingness to participate in the alliance of manufacturers, distributors and logistics firms in those countries are analyzed, through literature review, questionnaire analysis, site visits, interviews and case studies. Based on such analyses, the business models and strategies for global alliance among VC participants including manufacturers, distributors, LLPs and logistics SMEs are developed.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 268-279"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.07.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120848502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Corporate governance, board practices and performance of shipping firms in Bangladesh","authors":"Wahidul Sheikh , Khairul Alom","doi":"10.1016/j.ajsl.2021.06.005","DOIUrl":"10.1016/j.ajsl.2021.06.005","url":null,"abstract":"<div><p>This study attempts to take a close look on corporate governance, board practices and performance of shipping firms in Bangladesh. The study has conducted a survey on 24- shipping firms operated in Bangladesh and collected perceptional data from top tier executives and factual data from firms balance sheet and income statement. The results of descriptive statistics show that most of the firms’ managers are not aware about the corporate governance and board practices of the firm. Moreover, there is significant lack of transparency in the board practices documented among the shipping firms in this study. The results of regression analysis confirm that board ownership, board leadership, board size, and firm size have significant impact on firm performance. Moreover, factual analysis results show that board leadership has significant impact on firm performance. However, this study also confirmed that board composition has no significant impact on firm performance in the context of Bangladeshi shipping firms. Thus, this is of the essence to spotlight on corporate governance policies in the shipping firms to make legal aspects of board practices to escalate the growth of shipping industry in Bangladesh.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 259-267"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ajsl.2021.06.005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122185817","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ASEAN logistics network model and algorithm","authors":"Thi-Yen Nguyen , Tuan-Anh Nguyen , Jin Zhang","doi":"10.1016/j.ajsl.2021.06.004","DOIUrl":"10.1016/j.ajsl.2021.06.004","url":null,"abstract":"<div><p>Reasonable layout of logistics centers in the ASEAN countries has important practical significance for improving logistics network efficiency and reducing logistics transportation costs. This paper based on the current status of the ASEAN logistics network and the characteristics of the hub-and-spoke network, taking the minimum total cost as the optimization goal, establishing the central location model, and the design self-adaptive genetic algorithms to solve it. Therefore, the number of central nodes in the ASEAN logistics network has been determined, the radiation range between nodes, and route allocation. The results indicate that the ASEAN network layout model is a hub-and-spoke logistics network. With Singapore as the logistic center hub node. Jakarta logistics development belt will form the main radiating logistics demand cities of Kuching and Ho Chi Minh city. Kuala Lumpur logistics development belt’s main radiating logistics demand cities will be East Kalimantan and Da Nang city. Chon Buri logistics development belt mainly radiates the cities of Phnom Penh and Riau city. Bangkok logistics development belt mainly radiates the cities of Hanoi, Vientiane, and Yangon city.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":"37 3","pages":"Pages 253-258"},"PeriodicalIF":3.1,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521221000262/pdfft?md5=4716cf28b3cdcd94918bebffc4323c76&pid=1-s2.0-S2092521221000262-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116210657","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}