Abstract Purpose – The aim of this paper is to investigate the gap between cost-based and time-based revenue recognition schemes in the accounting of ship-owning corporations, and to propose cost-based revenue recognition (as in general accounting practice) in connection with the performance obligations. Design/methodology/approach – For a comparative analysis of time-based (traditional ap…
This paper addresses a highly researched area, the reshuffling problem in ports, using a newparadigm-modified containership service order in light of credit risk assessment. Container stacking and reshuffling operations can cause ship delays and additional risk. In deep-sea terminals, outbound containers are tightly stacked according to the retrieval sequence. Due to lack of space, terminals st…
During the last three decades, technological innovations in cargo handling equipment have made it possible to automate operational processes in container terminals. Despite the increasing trend in terminal automation, little work has been done to develop theoretical guidelines for evaluating the benefits of this industrial practice. We assess terminal automation by focusing on whether strategic…