Article

Economies of speed in sea transportation

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Conventionally, shipping companies have invested in large ships to achieve economies of scale. More recently, high speed ships have been proposed as a means of achieving timely service for customers and improving shipping performance. Yet another solution offered here is to boost the cargo handling speed at port allowing for a higher number of annual round trips. Both the cost efficiency and timeliness of shipping service can be improved. The economic trade‐offs between the investments in cargo handling and ship propulsion technologies are formally analysed by taking the round trip frequency as the key to performance. The theoretical analyses as well as the practical cases studied indicate that investments in cargo handling technology, such as automation of container terminal operations and hatchless self‐loading ships, have indeed considerable profit‐making potential for shipping companies. Other technology investment opportunities appear less promising: ship propulsion due to energy consumption and environmental concerns; and larger ships due to low customer responsiveness and risks of low capital productivity.

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Ketersediaan

Informasi Detail

Judul Seri

International Journal of Physical Distribution & Logistics Management

No. Panggil

ATC LO VES e

Penerbit

Finlandia : Emerald Insight., 1994

Deskripsi Fisik

12 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 24 No. 8, 1994, pp. 33-41

Subjek

Shipping
Port
Containerization
Economies of Scale
cargo
Technology
Value analysis

Info Detail Spesifik

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Pernyataan Tanggungjawab

Ari P.J. Vepsäläinen

Versi lain/terkait

Lampiran Berkas

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