1,721,008 research outputs found

    Network economies in liner shipping: the role of home markets

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    This paper deals with the measurement of the network complexity of some selected shipping groups, also identifying the contribution of co-operative agreements among carriers. The empirical investigation is focused on: (i) the analysis of the distribution of the carrying capacity per range; and (ii) the comparison of that capacity with the throughput handled in the port facilities of the group. These variables are interpreted in the light of the impact that alliances have on the geographical wideness of the services supplied by each partner. This factor also allows to depict how the cultural and political origin of shipping lines affects the decision of joining an alliance and the outcomes deriving from such co-operation

    The liner shipping industry and EU competition rules

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    The literature has always looked at co-operation in the shipping industry with some benevolence. While co-operation benefits the transport industry as it reduces operators, guarantees higher profits and regulates supply, does it also increase the consumers’ surplus, or does it cause lower benefits and eventually inefficiency? In fact, liner shipping is the sole industry that is heavily exempted from antitrust regulations, both in Europe and North America. The paper, moving from the recent decision of the EU regarding the maritime liner sector, and from the EU Commission’s Consultation Paper on the review of Regulation 4056/86, aims at investigating in what ways antitrust rules can ‘‘monitor and control’’ the market in a proper way according to the emerging trends of integration in the maritime logistics sector
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