Ports are the next candidates for radical change. A jumbo containership can move boxes at sea for less than one cent per ton mile, and fast double-stack trains move them overland for less than three cents. A container can cross the Atlantic for $300, but the terminals consume $500 and too much time. The port of 1999 will work 24 hours and seven days a week. It will be manned by a few well-paid …
This study investigates determinants of the probability that an individual on board a ship of a given shipping line will be injured (given that the ship is not involved in an accident). A Probit regression statistical model is used to investigate such determinants when ships are in port and on given types of containerships. Probit estimation results suggest that an individual is less likely to …