Global company strategy - excel maritime carriers - Q4 2014

Excel Maritime Carriers is a Greek owner and operator of dry bulk carriers and a provider of s eaborne trans portation s ervices for dry bulk carg o. The company is a lis ted corporation and its s hares trade on the New York Stock Exchang e (NYSE). The company's his tory dates back to February 1989 , when it was lis ted on the AMEX and NASDAQ under the name B+H Maritime Carriers . In October 19…

Global company strategy - excel maritime carriers - Q1 2016

Excel Maritime Carriers is a Greek owner and operator of dry bulk carriers and a provider of s eaborne trans portation s ervices for dry bulk carg o. The company is a lis ted corporation and its s hares trade on the New York Stock Exchang e (NYSE).

Corporate governance and board practices by Greek shipping management companies

Corporate governance is an area of interest to researchers, stakeholders and the general public. In recent times, there has been an increased concern about the effectiveness of the board within corporate organizations due to corporate scandals and accounting irregularities of some well known firms, which highlighted the inefficiency of monitoring corporate boards and the overseeing of manage…

Global industry overview - dry bulk rates struggling t o recover from 25 year…

With dry bulk rates remaining depres s ed and concerns g rowing about a pos s ible fall-off in Chines e demand for imports of coal and iron ore, BMI's view on the dry bulk s ector remains bearis h. The s ector remains hig hly dependent on Chines e demand, as demons trated by the fact that the Baltic Dry Index reacheda 25-year low in February when China s topped importing dry bulk g oods during …

Indonesia freight transport report Q1 2015 : ncludes 5-year forcasts to 2018

Our freight transport forecast for 2015 shows cargo volume growth will continue at a similar pace to 2014. Both GDP and foreign trade expansion will support the freight sector. In the medium to longer term we continue to think that the key to sustainable growth is investment in port infrastructure, including road and rail links in the hinterland areas. We are encouraged to see that the new gove…

Indonesia freight transport report Q1 2016 : Includes 5-year forecasts to 2019

In 2016 the air freight mode will see the most significant growth in Indonesia, as trade in Asia is set to rebalance after stalling in 2015 and key sectors such as the pharmaceutical market will see a boost in growth. In our medium-term forecast to 2019, BMI believes the rail and air freight modes will see higher growth than road freight transport, as a result of state and external investment i…

Indonesia freight transport report Q1 2016 : includes 5-year forecasts to 2019

In 2016 the air freight mode will see the most significant growth in Indonesia, as trade in Asia is set to rebalance after stalling in 2015 and key sectors such as the pharmaceutical market will see a boost in growth. In our medium-term forecast to 2019, BMI believes the rail and air freight modes will see higher growth than road freight transport, as a result of state and external investment i…

Indonesia freight transport & shipping report Q4 2016 : includes 5-year forec…

After a slowdown in Asian trade in 2015, Indonesia's trade sector is set to return to growth in 2016 and will strengthen over the medium term. All major commodities exports and imports are expected to return to positive growth and with it, Indonesia's freight transport modes will benefit. Rail and air freight will, in particular, see marked growth as a result of state and external investment in…

Indonesia freight transport & shipping report Q4 2016 : includes 5-year forec…

After a slowdown in Asian trade in 2015, Indonesia's trade sector is set to return to growth in 2016 and will strengthen over the medium term. All major commodities exports and imports are expected to return to positive growth and with it, Indonesia's freight transport modes will benefit. Rail and air freight will, in particular, see marked growth as a result of state and external investment in…

Logistics Park Development in Slovak Republic

Edisi

Vol. 21 No.3

ISBN/ISSN

1648-3480

Deskripsi Fisik

5 p

Judul Seri

Transport

No. Panggil

ATC LO SUL l

An industry analysis of express freight from a European railway perspective

There are large differences in both speed and costs between the traffic modes road and air. Rail has not yet successfully offered services “faster than road but cheaper than air”, although there are technical, logistical and economical opportunities for competing with air for intra-continental shipments and co-operate for intercontinental ones. The article categorises segments of the Europe…

Benchmarking road freight transport: Review of a government-sponsored programme

The purpose of this paper is to provide a critical review of the first ten years of the UK Government’s “transport key performance indicator (KPI)” programme which benchmarks the efficiency of road freight operations.

Vessel and voyage determinants of tanker freight rates and contract times

The behavior of shipping freight (charter) rates and the timing of shipping contracts affect the transportation costs of charterers and the operating cash flows of shipowners. Although the literature has established macroeconomic determinants of shipping freight rates, there has been no systematic investigation of microeconomic determinants of freight rates and the delivery time of chartered sh…

A time-varying risk premium in the term structure of bulk shipping freight rates

This paper presents a simple argument, based on logic and maritime economic theory alone, for rejecting the applicability of the expectations theory in bulk shipping freight markets. It is shown that the risk premium must be time varying and must, in a systematic fashion, depend upon freight market conditions and the duration of a period time charter. The signs of the risk premium attributable …

On the diversification of international freight forwarders: A UK perspective

This paper examines the diversification of services and activities by freight forwarders in the UK. Following similar studies conducted in the USA, the paper analyses the trends towards service and revenue diversification that has been observed in this sector.

Performance evaluation of an online benchmarking tool for European freight tr…

The purpose of this paper is to assess the performance of an online benchmarking tool developed for logistics service users and providers to provide alternative service option in Europe.

Supply-side strategic flexibility capabilities in container liner shipping

The purpose of this paper is to explore the extent to which supply side flexibility tactics market which is characterised by over-supply (as well as under demand).

Containerisation, box logistics and global supply chains: the integration of …

In 2006, container shipping celebrated its 50th anniversary as an innovation that had a tremendous impact on the geography of production and distribution. Production became globalised by a better usage of comparative advantages while distribution systems were able to interact more efficiently. This paper analyses the mounting pressures on box logistics in light of global supply chains. It will …

Contestability of Container Liner Shipping Market in Alliance Era

A cross section panel model is applied to estimate the effect that the Herfindahl-Hirschman Index (HHI) has on container freight rates for a sample of six major container liner shipping routes during 2009 to 2011. The estimated coefficient of HHI is non-positive and statistically insignificant, indicating that higher concentration level does not lead to high price and the container liner shippi…

Logistics costs in Norway: comparing industry survey results against calculat…

This paper presents estimates of logistics costs in Norway. Two different methodological approaches are taken: (i) use of the national freight transport model for Norway, in which logistics costs as a share of gross domestic product (GDP) are obtained from national freight flows between municipalities in Norway and from foreign trading partners and (ii) use of a survey of industry representativ…

A review of the transportation mode choice and carrier selection literature

The purpose of this paper is to categorize transportation choice research (mode choice and carrier selection) leading to insight on themes in the literature and directions for future research

Collaborative risk management in sensitive logistics nodes

The integration of business processes across multiple companies can provide economic benefits, thus ensuring the sustainability of the involved companies. However these advantages are accompanied by many potential risks. For instance, emerging disruptions within a supply chain can spread over several partners resulting in economic losses. The purpose of this paper is to focus on the development…

Collaborative risk management in sensitive logistics nodes

The integration of business processes across multiple companies can provide economic benefits, thus ensuring the sustainability of the involved companies. However these advantages are accompanied by many potential risks. For instance, emerging disruptions within a supply chain can spread over several partners resulting in economic losses. The purpose of this paper is to focus on the development…

Operations research methods in maritime transport and freight logistics

The current decade has witnessed a remarkable growth in container transportation and vessel sizes. This has come alongside an increasing need for optimisation of both on the seaside and on the landside. As the linking nodes, container terminals are facing great challenges in handling, stacking and transferring large numbers of containers, and high productivity is the key factor in maintaining t…

Simulation based decision support system for optimization: a case of thai log…

The purpose of this paper is to understand and explain how firms use simulation-based decision support systems (DSSs) to optimize container space utilization.

Reconfiguration of supply chains and implications for transport: A Danish study

A large number of firms have reconfigured their supply chains. The general trends entail, among others, the reduction, centralization and re-location of plants and distribution centers, the design of new distribution systems, and the reduction of the supplier base. The analysis of the implications of such reconfiguration for freight transport has received comparatively little attention, and mos…

Port-centric logistics

The purpose of this paper is to examine traditional, current and emerging roles played by ports in the context of logistics and supply chain management practice and strategy. The paper also seeks to elaborate the emerging concept of port-centric logistics.

Reducing National Freight Logistics Costs Risk In A High-Oil-Price Environmen…

Purpose – South Africa’s logistics cost measurement was expanded to include externality costs, and scenarios based on the key exogenous risks were developed to inform mitigation strategies. This paper aims to discuss these issues. Design/methodology/approach – The research approach is quantitative, based on a gravityorientated freight flow model, a road transport cost model, actual tr…

A genetic approach for freight transportation planning

This purpose of this paper is to present a methodology for optimally planning long-haul road transport activities through proper aggregation of customer orders in separate full-truckload or less-than-truckload shipments in order to minimize total transportation costs.

Examining CO2e reduction within the German logistics sector

The purpose of this paper is to assess the extent to which the measures outlined in frameworks for guiding CO2e emissions reduction in road freight transport in the academic literature are actually being realised at a practical level.

Assessment of empty container repositioning policies in maritime transport

Empty container repositioning is an important issue in the liner shipping industry. Generally stated, two groups of mathematical models have been proposed to tackle this issue. The first group aims to derive time-dependent origin-destination matrices that specify the number of empty containers to be repositioned at a decision epoch; the second group aims to develop effective statefeedback contr…

Assessment of empty container repositioning policies in maritime transport

Empty container repositioning is an important issue in the liner shipping industry. Generally stated, two groups of mathematical models have been proposed to tackle this issue. The first group aims to derive time-dependent origin-destination matrices that specify the number of empty containers to be repositioned at a decision epoch; the second group aims to develop effective statefeedback contr…

Are marine accident really accident? fallacy of random marine accidents in dr…

The aim of this paper is to investigate the relation between marine casualty and dry bulk cargo freight rate according to the existence of spurious accident phenomenon in the dry cargo vessel accidents. According to the conventional expectation, the volume of marine accidents is a random process since it is accidently occurred and not a man-made outcome. Under this circumstance, it is expected …

Incorporating logistics in freight transport demand models: state-of-the- art…

Freight transport demand is a demand derived from all the activities needed to move goods between locations of production to locations of consumption, including trade, logistics and transportation. A good representation of logistics in freight transport demand models allows us to predict the effects of changes in logistics systems on future transport flows. As such it provides better estimation…

An evaluation of ocean container carrier selection criteria- an Indian shipper's

Purpose – The purpose of this paper is to assist ocean container carriers in devising effective marketing strategies to attract and retain Indian shippers by letting them understand the list of criteria Indian shippers use in the carrier selection decisions and also the amount of importance they assign to each criterion during such decisions. Design/methodology/approach – To explore th…

The stochastic seasonal behavior of freight rate dynamics

Previous studies on freight rate dynamics have explored the behavior of freight rates and their characteristics, including unit root, among other factors. However, there are few articles related to the stochastic process characterizing their dynamics. Moreover, to the best of the authors’ knowledge, there are no articles that incorporate seasonality in the freight rate dynamics. In the presen…

Cooperation among truck carriers in seaport containerized transportation

Nowadays the majority of goods passing through seaports are transported by road, resulting in a large number of empty movements and high total costs. This paper proposes an optimization model for the cooperative planning of multiple truck carrier operations in a seaport environment for maximizing the total profit derived from their cooperation. A compensation mechanism is introduced to motivate…

Excess returns in the spot market for bulk carriers

The present study investigates the excess return dynamics between time charter (t/c) trip charters and their underlying voyage charters in the dry bulk market. Using a weekly data set over the period January 2003 to January 2014, we first examine the existence of a long-term co-integrating relationship between trip charters and their respective voyages expressed in Time Charter Equivalents. The…

Company Brief - Pelindo II Proposes 10% CHC Hike

Indones ia's state-owned port operator Pelabuhan Indonesia II (Pelindo II) has propos ed a hike of 10% in container handling charges (CHC) for international boxes , according to local reports . The trans portation minis try is weighing up the proposal while evaluating the port operator's performance to see if it had met minimum standards and is entitled to a tariff hike. The minis try's decisio…

Company brief - Pelindo II challenges ministry directive to Annul JICT contract

State-run port operator PT Pelabuhan Indonesia II (Pelindo II) has defied a directive of the Indonesian transportation minis try to annul its 20 -yearlong contract extens ion with Hutchison Port Holdings (HPH). According to director general for sea transportation, Bobby Mamahit, Pelindo II failed to comply with government procedures for the renewal of contract for the operation of the Jakarta I…

Industry trend analysis - offshore shipping cabotage law change could hit Ind…

Indonesia has delayed passing into law changes to the country's offs hore shipping cabotage rules . The new law has been delayed by five months , as concerns s tarted to build in the industry that the need to have all vessels serving Indonesia's offs hore oil and gas projects flag g ed to Indonesia would have a negative effect on the country's oil and g as production levels . The sector's shipp…

Company profile - nippon yusen kabushiki kaisha (NYK)

Nippon Yusen Kabus hiki Kaisha (NYK Group) was es tablis hed in the 1870 s with the foundation of the Tsukmo Shokai Shipping Company. The carrier beg an Japan's firs t overs eas liner service, establis hing a route from Yokohama and Shanghai. The company, then called Mitsubishi Kisen, merged with Kyodo Unyu Kaisha, another Japanes e company, in 1882. This created NYK, and the merged entity beg …

Industry trend analysis - new port to aid Indonesia's box shipping sector

BMI has revised its short- and medium-term outlook for the port of Tanjung Priok, Indones ia's largest port, following recently releas ed 20 12 container throughput data for the port. The facility has been benefitting from rapid growth on the back of the country's strong macroeconomic picture. While this growth has been pos itive for the port in terms of driving up throughput, demand has outpac…

Industry trend analysis - new port to aid Indonesia's box shipping sector

BMI has revis ed its s hort- and medium-term outlook for the port of Tanjung Priok, Indones ia's largest port, following recently releas ed 2012 container throughput data for the port. The facility has been benefitting from rapid growth on the back of the country's s trong macroeconomic picture. While this growth has been positive for the port in terms of driving up throug hput, demand has outp…

Company profile - neptune orient lines (& APL)

Singapore-based Neptune Orient Lines (NOL) was formed in 1968 , but as sumed its current form in 1997 when it merged with American President Lines (APL). Today, NOL remains the holding company listed on the Sing apore Stock Exchange, with APL its container shipping brand. The Singapore government maintains a 67.4% s take (as of November 2006 ) in the company through its investment company Temas…

Company profile - mitsui OSK lines

Mitsui OSK Lines (MOL) is Japan's s econd largest container shipping line after NYK Lines and is one of the world's largest bulk shipping companies . The company came into being in 1964 , when Mitsui Steams hip Company - a division of Mitsui & Co - merged with OSK Lines , which was founded in 1884 . In 1968 , the company sent its first container ships on the Japan-California route.

Global company strategy - mitsui OSK lines - Q4 2015

Mitsui OSK Lines (MOL)'s container operations are smaller than its dry bulk and tanker operations . In FY13 the container unit's revenue accounted for 4 1.4% of the group's total. In terms of vessels , containers hips account for just 13.3% of the total number of ships operated by MOL.

Global company strategy - mitsui osk lines - Q3 2015

Mitsui OSK Lines (MOL)'s container operations are smaller than its dry bulk and tanker operations . In FY13 the container unit's revenue accounted for 4 1.4% of the group's total. In terms of vessels , containers hips account for just 13.3% of the total number of s hips operated by MOL.

Global company strategy - mitsui osk lines - Q1 2016

Mits ui OSK Lines (MOL)'s container operations are smaller than its dry bulk and tanker operations . In FY13 the container unit's revenue accounted for 4 1.4% of the group's total. In terms of vessels , containers hips account for just 13.3% of the total number of s hips operated by MOL.

Company profile - mitsui osk lines (MOL)

Mitsui OSK Lines (MOL) is a major international shipping group with a divers ified network of interes ts across virtually all areas of the maritime sector. The company came into being in 1964 when Mits ui Steams hip Company - a division of Mits ui & Co - merged with OSK Lines , which was founded in 1884 . In 1968 , the company sent its firs t container s hips on the Japan-California route.