This book is written to guide the student through the various and extensive subjects connected with Shipping, without a deep treatment of the law, and the compilation has been arranged in a progressive order of study and as far as is possible within the scope of the volume, covers the necesssary subjects for the Institute of Charreted Shipbokers. This book contains The Shipping Company, The Sh…
The contenst of the book consist of three part: Part I ("Sale, Mortgage and Lien") has been in view of the replacement of the Sale of Gooda Act. To this Part has been added Paccinini v. Partrederiet Trigon II: The "Alfred Trigon" which concerned the meaning of the words "free of average damage affecting class. Part II ("Carriage of Goods by Sea") are A/S Awilco v. Fulvia S.p.A di Navigazione …
On ship-tracking Web sites, the waters are black with dots. Each dot is a ship; each ship is laden with boxes; each box is laden with goods. In postindustrial economies, we no longer produce but buy, and so we must ship. Without shipping there would be no clothes, food, paper, or fuel. Without all those dots, the world would not work. Yet freight shipping is all but invisible. Away from publ…
This paper aims to, using the example of the highly globalised shipping industry, shed light upon the practice of corporate social responsibility (CSR) and the extent to which it might be relied upon to fill international regulatory gaps.
This research aims to examine the effects of national culture and leadership style on safety performance in bulk shipping companies. Survey data collected from 322 respondents working in dry bulk carriers was used, a multiple regression analysis was conducted to analyze the influence of national culture and leadership styles (i.e. transformational, passive management, and contingent reward) on …
Althougha‘blue’ArcticOceanispredictedinthesummertimetooccurfromthemiddleofthiscentury, currentratesofwarmingindicateanearlierrealization.Also,routesalongthecoastofSiberiawillbe navigablemuchearlier.However,beforetheArcticroutescanreliablybeusedonalargescalefor transitbyshippingalongitspassages,moreinvestmentsarerequiredoninfrastructureandthe provisionofmarineservicestoensurethesafeandsecure…
Since the decline in sea ice north of Russia became clear in the early 1990s, ideas of using the northern route for sea transport between Europe and Asia have taken a hold of the shipping community. Large and small research projects with varying complexity and results have looked into this option. In this article, the available information is studied in detail and four scenarios for the costs a…
Despite the rapid economic growth in the Yangtze River Delta area, the Yangtze River itself is lagging behind as measured by the ratio of container volume to total freight volume. According to the Ministry of Communications’ statistics, more than 70% of cargoes generated in the Yangtze Valley are suitable for containerized transport, but, at this time, only a fraction of these cargoes are act…
This article considers thc perennial topic of how to achieve an equilibrium balance between stability and competition in intermodal shipping. It argues that competition is becoming destructive, but that the imbalance is difficult to correct in a climate where competitive pressures are strong everywhere and restraints on competition are unfashionable. In this context, pricing of intermodal servi…
Returns to scale are important in container shipping; service operators are continuing to increase the size of their vessels. Mr Seok-Min Lim's article 'Economies of container ship size' (Maritime Policy and Management, 21 (2) pages 149-160.1994) uses a sample of transpacific voyages to evaluate the effect of vessel scale on revenue and cost. Although the results are inconclusive, his study is…
This paper investigates opportunities for increased profit and reduced emissions and cost by service differentiation within container shipping. Traditionally the strategy among the container lines has been profit maximization by utilizing economies of scale through the building of larger and faster vessels. In 2008, the financial crisis in combination with higher fuel prices put an end to this …
This paper presents a simple formulation in the form of a pipe network for modelling the global container-shipping network. The cost-efficiency and movement-patterns of the current container-shipping network have been investigated using heuristic methods. The model is able to reproduce the overall incomes, costs, and container movement patterns for the industry as well as for the individual shi…
This paper discusses the needs and possibilities of widening the traditional perspective through which shipping investment decisions are taken by embedding them in a multicriteria environment. The set off point has been the frequent observation that a shipping decision maker (DM) faced with ship investment decision-making is influenced by factors that are not clearly financial or cannot be easi…
This paper develops a theoretical model to analyze the congestion internalization of the shipping lines, taking into account the ‘knock on’ effect (i.e. the congestion delay passed on from one port-of-call to the next port-of-call). We find that with the presence of the knock-on effect, liners will operate less in terminals, and an increase of a liner’s operation in one terminal will decr…
This paper evaluates the impact of risk factors from the container security initiative on Taiwan’s shipping industry by employing a risk management matrix to identify the severity and frequency of CSI risk factors, and discovers some appropriate risk management alternatives. This paper’s findings are as follows: (1) The majority of risk factors have a moderate-risk level, and possible alte…
Coastal shipping is one of the most sustainable and economically competitive modes of transportation. This study employs the analytic hierarchy process (AHP) method to determine the importance of various factors influencing container carriers’ use of coastal shipping. A three-level hierarchical structure with the 17 attributes is proposed and tested. A previous AHP survey in Taiwan has indica…
This paper addresses empty container reposition planning by plainly considering safety stock management and geographical regions. This plan could avoid drawback in practice which collects mass empty containers at a port then repositions most empty containers at a time. Empty containers occupy slots on vessel and the liner shipping company loses chance to yield freight revenue. The problem is dr…
Very large container ships are being built with the theoretical justification that they will produce economies of scale. It is clear, however. that the immediate result of the mega-ship buildings is an overtonnaging of the world's major liner routes. As major operators have put newer and bigger ships in the water, they have significantly reduced the slot costs in the container trades to which t…
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 paper analyzes factors affecting the competitiveness of Asian container terminals by including quantitative as well as qualitative factors such as operating capacity, convenient facilities, electronic documents handling capacity and connectivity to hinterland. I provide evidence that those factors have a nonnegligible role as to competitiveness of container terminals. The paper applies a pa…
Despite the prevalence of its use, very little is understood about the role of electronic commerce (EC) practice on the strategic management of container shipping companies. Four case studies were undertaken to assess the main uses, motivations, barriers and strategic relevance of EC in the container shipping industry between 1992 and 2002. The cases studies included one large, one medium and o…
Unmanned autonomous ships are seen as a key element of a competitive and sustainable European shipping industry in future. But even if the technology to further automate ships will principally be available at some point, this does not imply that autonomous vessels are also the superior choice for the ship owner. In the end the success of autonomous vessels depends on their impact on the profita…
The world bulk shipping market has been in a peak period since 2003, and this has lasted an incredibly long time considering that the markets are much more complex than before. This paper investigates the characteristics of volatility in dry bulk freight rates of different vessel sizes (capesize, panamax and handysize). The daily returns of freight rate indices of three different types of bulk …
A firm's logistics cost, including shipping and inventory-carrying, is a substantial percentage of its sales. Nevertheless, typical inventory-control methods ignore or insufficiently represent the shipping cost. This paper describes a recursive algorithm that determines the reorder cycle-time that minimizes total logistics cost. It allows for a realistic accounting of shipping cost, which is mo…
This paper describes in detail the award process of the concession for a large container terminal in the port of Rotterdam. This process can be termed competitive bidding, and differs from a tender because of the frequent interaction between the Port of Rotterdam Authority and the candidates. The competitive bidding process is a potentially attractive form in which to grant concessions, if ther…
The purpose of this paper is to recount the history of the marketing of the maritime passenger industry (known today as the cruise industry). This is a unique industry that has survived and thrived for almost 175 years despite dramatic environmental changes. This history focuses on passenger shipping in and out of the USA first from/to European ports, later focusing on cruises from the USA to t…
This chapter reviews and analyses the contemporary development of liner shipping, port development and competition. It begins with a comprehensive review on the latest developmental trends of liner shipping and business strategies, as well as their impacts on port development and competition. Then, it discusses the responses of ports, past, present and (likely) future, in addressing these new d…
This chapter discusses the concept of corporate social responsibility (CSR) within the context of the container liner shipping industry. It looks at the current practice of CSR in this industry and outlines the framework, the reasons and the drivers for companies to adopt and implement a CSR strategy. These include, among others, the increasing commitment to fostering CSR in the private sector …
The concept of sea–river shipping is simple: a single vessel sails both coastal and inland waters. Thus, seaport transhipment is avoided resulting in lower transport costs. However, this concept is limited to certain transport waterways. On the Rhoˆne–Saoˆne corridor, sea– river shipping can directly connect inland ports with Mediterranean seaports. The absence of transhipment raises th…
The objective of this study is to estimate the atmospheric emissions by international merchant shipping of carbondioxide (CO2), sulphur dioxide (SO2) and nitrogen oxides (NOX) during 1 year in the Belgian part of the North Sea, including the four Belgian seaports: Antwerp, Ghent, Ostend and Zeebrugge. The estimated emissions are based on a bottom-up, activity-based methodology (Group 1), coveri…
Container ports provide the primary interface where physical exchange between buyers and sellers of containerised shipping capacity can be consolidated and realised. Consequently, ports that are able to complement and add value to the objectives of shipping lines and shippers will become focal points for containerised cargo flows. To evaluate container port competition, the authors propose a pr…