The research focuses on the impact of the shipping strategy to decrease the commercial speed of container vessels, in order to reduce the bunker costs, on current service patterns. In this regard, the study also hypothesizes potential development trends in the near future. The reduction of the commercial speed, commonly referred to as “slow steaming,” has been introduced to mitigate the neg…
The recent economic downturn has intensified the need for cooperation among carriers in the container shipping industry. Indeed, carriers join inter-firm networks for several reasons such as achieving economies of scale, scope, and the search for new markets. In this paper we apply network analysis and construct the Cooperative Container Network in order to study how shipping companies integrat…