The book "Port Business" is written for everybody with interests in trade and transportation and the role ports take in global supply chain. It shall explain what ports are, which role they can play and what the restrictions are, how they are managed, what drives the business and which trends influence them. The world economy has globalized at a tremendous pace over the past 30 years, exporting…
Abstract Purpose – The occurrence and unpredictability of speculative bubbles on financial markets, and their accompanying crashes, have confounded economists and economic historians worldwide. The purpose of this paper is to diagnose and detect the bursting of shipping bubbles ex ante, and to qualify the patterns of shipping price dynamics and the bubble mechanics, so that appropriate coun…
This paper presents a taxonomy and analysis of the content of publishedresearch in port economics, policy and management (port studies). The recent increase of these publications suggests a growing interest in the study of ports. However, the research characteristics and directions of this research field are unidentified. This paper provides a systematic analysis of port studies published duri…
Port investment decisions are mainly related to productivity improvement strategies or capacity expansion leading to higher capacity utilization and financial performance. The authors propose an investment decision-making process for future port infrastructure investments taking into account various uncertainties, which can impact the return of the investment over the project’s useful life. …