a b s t r a c t The International Maritime Exchange (IMAREX) is the leading regulated marketplace for trading and clearing shipping freight derivatives. We investigate for the first time whether the IMAREX freight futures market is efficient over the daily and weekly horizons. To this end, we address the question in both a statistical setting and an economic setting by employing an extensive d…
abstract This article takes 117 branches of a certain bank in Taiwan in 2006 as the research subject and introduces ata envelopment analysis (DEA) to evaluate the operating performances of business units of this bank to provide the reference for a bank’s managers in determining operation strategies. The result indicates that, in overall technical efficiency, the case bank has many inefficien…
ntroduction The world’s most popular country, China, implemented the open door policy in 1979. Since then China has been gradually opening up her economy to attract foreign investments. Recently, China’s World Trade Organization (WTO) entry has boosted its economic growth and advanced its legal and governmental reforms. Bilateral trade between China and Singapore has flourished since the e…
With global trade at unprecedented levels, port and terminal managements are fast adapting to meet rising demand. Globalisation is putting port models under increasing pressure to remain competitive in fickle cargo markets. Increasing productivity ─ through expansion or better utilisation of existing assets ─ is a must for economic survival.
The BLCH Guide was developed to provide a basic yet comprehensive and practical guideline, covering all aspects of typical chemical tank terminal activities, from basic design and layout to the ongoing safe and efficient operation, maintenance and management of the facility. View further information at our dedicated website www.chemicalhandling.org
The rapid development in container terminal ports in providing efficient and effective services and high port productivity are necessary nowadays. It is happen as current demands from new generation of container vessels are an indicator to the container terminal operators how serious international trade via sea. This work shares scenario of service time at container terminal as a sign of its pe…
The globalization of trade has lead to an enormous growth in sea transportation over the last years. A great majority of general cargo is containerized and handled in container terminals, which are essential hubs in sea transportation systems. The potential of cost saving in a container terminal is large and the workflow of a container terminal has to be very efficient. The focus of this book l…
Specialization in shipping has been the most significant development in sea transport in recent times, driven by spectacular growth in international trade. Very large dry and liquid bulk carriers have appeared, and there has been a remarkable transition from conventional to what are termed unitized means of carriage in the general cargo trades. This has involved palletization, packaged timber…
At container terminals, containers are transshipped from one mode of transportation to another. Within a terminal different types of material handling equipment are used to transship containers from ships to barges, trucks and trains and vice versa. Over the past decades, ships have strongly increased in size, up to 8000 TEU (Twenty feet equivalent unit container). In order to use these big shi…
Optimisation of container loading and unloading operations at maritime terminals has increasingly become more important to terminal operators. This paper presents the optimisation algorithm (OA) for solving the hybrid flowshop scheduling problem for container terminal loading and unloading operations. The OA which composed of seven heuristics and genetic algorithm (GA) is used to estimate the m…
The article investigates technical, economical and organizational possibilities to enter the Baltic ports for container ships as the result of economic globalization and the increase of transcontinental container transportation
The article describes the creation of regional transport terminals and their usage as a tool to control material flows in the distribution channels. In the first part of the article the authors analyze the role of intermodal transport terminal within international business system, legal aspects of Lithuanian and EU regulations as well as the laws of Lithuanian transport regional transport termi…
The surge of international terminal operators (ITOs) gives momentum to the ongoing internationalization process in ports, and induces academic literature to investigate their overseas growth patterns. Empirical evidence shows that, although most container port operators experience regular internationalization drives, several firms pursue an unconventional and accelerated foreign expansion proce…
Over the past years, the Eastern Asia has become an important market in world shipping network. Container throughput of China ports like Shanghai and Qingdao shows a significant expansion. Similarly, Korea ports’ container throughput has been on the rise, although the growth trend has recently slowed down. This paper examines the relationships among container throughputs of Korea and China co…