Abstract Purpose – The purpose of this paper is to examine what types of shipping knowledge are crucial in order for shipping companies to survive in dynamic business environment, and to investigate how the shipping knowledge affects the company’s performance (i.e. organizational innovation and logistics value). This paper also diagnoses the moderating effect of absorptive capacity on the …
Current globalization and borderless operations in manufacturing are creating a greater demand for international transportation and supply chain logistics. Maritime (shipping and ports) is one of the key components in this business pattern. It is now estimated that approximately 90% of global trading freight moves by ship. As this trade increases it is becoming more important to have a clear un…
Much has been said of the importance of port and terminal integration in the supply chain. Authors have stressed the importance of agility to the port environment, which involves being proactive along supply chains, facilitation of intermodal integration, as well as organizational integration and partnership between ports and users. Despite the well articulated importance of the issues, littl…
Since the hub-and-spoke concept was introduced to the aviation market after the US airline deregulation in the late 1970s, it becomes a primary distribution model employed by leading international logistics companies. This pattern drives the companies to consolidate shipments on the large scale at major terminals (i.e. hub) and to redistribute the smaller scale of shipments to their respective …
There have been various analyses of the efficiency of container port (or terminal) production using Data Envelopment Analysis (DEA) based on cross-sectional data. When time is not considered, the efficiency results derived using this approach can be biased. In order to overcome this problem, this paper applies DEA windows analysis, utilising panel data, to a sample of the world’s major contai…
A central objective of port privatization and/or deregulation policies is stimulating greater efficiency by engendering a more competitive market and commercial approach to management. Korea provides a prime example of a nation that is implementing such policies. Also, its ports play a pivotal role in world shipping, particularly in the ever-burgeoning container market. The success of these pol…
This paper applies a ‘port function matrix’ to analyse the administrative and ownership structures of major container ports in Asia. The relative efficiency of these ports is then assessed using the cross-sectional and panel data versions of the ‘stochastic frontier model’. The estimated efficiency measures are broadly similar for the two versions of the model tested. From the results o…
Korea has achieved remarkable economic growth over the last three decades. This has largely been due to the adoption of export-oriented economic policies. This economic development has resulted in a rapid increase in export and import cargoes. Since the foreign trade of Korea is carried predominantly by sea transport (approximately 99.8% in terms of volume), ports play a crucial role in this pr…
Current globalization and borderless operations in manufacturing are creating a greater demand for international transportation and supply chain logistics. Maritime (shipping and ports) is one of the key components in this business pattern. It is now estimated that approximately 90% of global trading freight moves by ship. As this trade increases it is becoming more important to have a clear un…
The efficiency of the container port industry has been variously studied utilising either Data Envelopment Analysis (DEA) or Stochastic Frontier Analysis (SFA). Given the strengths and weaknesses associated with these two approaches, the efficiency estimates and scale properties derived from these analyses are not always convincing. This paper applies both approaches to the same set of containe…
Since the previous paper of us (Song & Lee, 2007), Korean ports, like others in the region and world, have experienced a number of challenges, which have driven the ports to make either a slight adjustment or a substantial re-organisation in terms of their governance structure. This paper aims to examine such drivers and subsequent changes taken place in Korea since 2007. This line of analysis …
As the entrep^ot to the Chinese mainland, the economy of Hong Kong has enjoyed a high growth rate of economic development. When Hong Kong developed its container ports in order to accommodate the regional economic boom, its counterparts in China were left far behind; there was no serious port competition from China. However, as China develops its economy, the port of Hong Kong faces real challe…
The purpose of this paper is to define and empirically develop measures to evaluate the extent of integration of seaport container terminals in supply chains.
The evolution of maritime logistics as an emerging discipline has resulted, to a large extent, from the increasing and varied demands of shippers and customers and the rapidly changing role of ports in the context of supply and logistics chains. Scholars are becoming increasingly aware of the need to integrate logistics and supply chain management concepts in the maritime transportation chain a…
The purpose of this paper is to examine what types of shipping knowledge are crucial in order for shipping companies to survive in dynamic business environment, and to investigate how the shipping knowledge affects the company’s performance (i.e. organizational innovation and logistics value). This paper also diagnoses the moderating effect of absorptive capacity on the relationship between t…