The paper describes the concept and implementation details of integrating a finite element module for dike stability analysis ‘‘Virtual Dike’’ into an early warning system for flood protection. The module operates in real-time mode and includes fluid and structural sub-models for simulation of porous flow through the dike and for dike stability analysis. Real-time measurements obtained …
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…
The FIrst part of this paper brings into discussion some recent changes in the dynamics of the European container handling business, in particular as a result of vertical and horizontal integration strategies of container terminal operators. The industry structure has become su ciently consolidated to raise a fundamental question about whether market forces are su cient to prevent the abuse…
This paper analyzes the incentives for and welfare implications of collaboration among lo- cal governments in landside port accessibility investment. In particular, we consider two seaports with their respective captive markets and a common inland market for which the ports compete. The ports and the inland belong to three independent regional gov- ernments, each making investment decisions on …
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…
We maintain our expectations for BI to hike its benchmark interest rate by 25bps to 5.00% before end-2017 as inflation continues to pick up, posing downside risks to the IDR as real yields head in favour of the greenback. Bank Indonesia (BI) held its benchmark seven-day reverse repo rate (7-day RR rate) unchanged at 4.75% at its monthly monetary policy meeting on 19-20 July. At the same time, t…
Indonesia has revealed plans to tighten its anti-terrorism laws which should enhance its counter-terrorism capabilities, boding well for social stability. The expansion of the definition of terrorism to include hard-line groups should also help to curtail the rise of ultra-conservative Islam in the country. However, involving the military is risky business given that the organisation has a poor…