1,721,596 research outputs found
Port authority mergers in port systems : the path to 'North Sea Port' and 'Port of Antwerp-Bruges' in Flanders
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The relationship between transhipment incidence and throughput volatility in North European and Mediterranean container ports
No full textExtant literature echoes that ports with a high transhipment share (T/S), and thus a high dependency on sea-sea transhipment or T/S flows, are vulnerable. It is less clear whether the vulnerability of T/S oriented container ports leads to more throughput volatility compared to gateway ports (i.e. inland-bound cargo) or ports with a mixed cargo base (i.e. T/S and gateway flows). In this perspective, throughput volatility, which denotes the variability or the dispersion of the cargo throughput in a port throughout a given period, is of great concern to port actors.
This paper examines the relationship between throughput volatility in North European and Mediterranean container ports and the sea-sea transhipment Incidence/dependency of these ports. First, we group a large sample of North European and Mediterranean ports in transhipment dependency classes ranging from transhipment ports over mixed ports to gateway ports. Second, we calculate the container throughput volatility between 1990 and 2016 based on two volatility measures. Third, we analyse the relationship between these volatility measures and transhipment incidence. Finally, we compare the results per port group (in terms of transhipment incidence level). The statistical test results show that throughput volatility is much higher for transhipment hubs then for other container ports. This paper also points to some regional market-related elements that explain the observed differences in throughput volatility between port groups. This study can help port planners, managing bodies of ports and terminal operators in their decision-making in the field of container port development and commercial strategies
Skills and competences in maritime logistics : managerial and organizational emerging issues for human resources
Full text linkLogistics centres in maritime supply chains: a critical review and conceptualization
No full textThis manuscript aims to disentangle the conceptual ambiguity around the notion of logistics centre. It proposes an overarching framework that categorizes different types of maritime-related infrastructure and identifies their distinctive components.
The lack of a sound conceptualization of logistics centres originates from the variety in temporal and spatial approaches. In transportation chains, path-breaking trends in market needs, technological innovations and institutional changes, as well as the place specificity of logistics centres embedded in various national contexts inevitably led to a substantial theoretical ambiguity.
This study consolidates prior fragmented works and identifies suitable criteria for classifying logistics centres. The functional criterion is proposed as a cornerstone for building a sound conceptualization of these infrastructures. By capturing the distinctive characteristics of each type of logistics centre, the paper proposes an original and comprehensive taxonomy, which emphasizes commonalities and specificities of various infrastructures.
The paper provides a substantial contribution to literature, sketching out a trustworthy conceptualization of logistics centres. In addition, the outcomes bring insightful implications for researchers, policy makers and practitioners
Disclosure as a tool in stakeholder relations management : a longitudinal study on the port of Rotterdam
No full textAbstract: This study applies stakeholder management principles to the port domain. We provide a conceptual framework for evaluating the communication strategies a (landlord) Port Authority (PA) relies on in the management of its relevant stakeholders and the adoption of disclosure to critical issues. The theoretical arguments are supported by empirical evidences from the Port of Rotterdam (PoR), i.e. a major port which leverages disclosure to successfully manage stakeholders and support the implementation of corporate strategy. The research questions are addressed using a content analysis on the annual reports (ARs) of PoR in the period 20002012. The overall research design enables the investigation of PA disclosure as a tool for managing the evolving interests of stakeholders from a longitudinal perspective. The PoR case shows that the relative importance of topics reported in the ARs change over time, as a result of external pressures and internal key events. The outcomes demonstrate the growing attention of PoR on topics relevant to the broader community (e.g. environment and safety/security) after a period characterised by a prominent focus on financial and governance issues. Besides, key breakthrough forces stimulating the shifts in landlord communication strategies are identified and discussed. Finally, by suggesting an indirect approach to evaluate how PA prioritises its salient stakeholders, the paper adds to extant port literature and brings methodological implications
Disclosure as a tool in Stakeholder Relations Management: A longitudinal study on the port of Rotterdam
No full textA systematic and critical review of port system research
No full textInternational audienceDespite its wide use in port studies, the concept of port system remains relatively vague and ill-defined, ranging from a geographic or administrative area containing two or more ports to an interconnected set of port nodes in a given network. Based on a corpus of no less than 268 articles, this chapter investigates how port systems have been studied since the pioneer works of the 1960s. The bibliometric approach underlines a growing publication trend and collaboration dynamic over time, a shift from geography to transport journals, and a widening focus from national to transnational and global. The content analysis reveals that although more than half of the corpus concerns issues of concentration/deconcentration, new concepts are emerging in port system studies, which underline different spatial patterns and processes. To be noticed is the growing importance of maritime connectivity, after decades of dominant land-based models focusing on hinterlands
Determinants of the long-term performance of initial public offerings (IPOs) in the port industry
No full textAbstract: Market players active in the port industry deploy a range of financial sources to meet the growing investment requirements in port infrastructure and to fund their (overseas) expansion strategies. Recent empirical evidence shows that equity capital markets are expected to extend their role in this regard. This paper deals with the long-term performance of IPOs in the seaport industry as a strategic financial dimension for determining the success/failure of the issuance. The study goes beyond general finance theories on IPO performance as it places institutional theory side by side with informational asymmetry theories and symmetric information theories to assess the determinants of long term IPOs' success in the port domain. The paper presents an overarching conceptual framework for addressing IPO performance, thereby focusing on the explanatory power of "financial markets", "institutional factors" and "industry specific variables". An ordinary least squares (OLS) regression analysis is performed on a dataset of over 90 port-related IPOs to test the antecedents of the long-term performance of port-related IPOs. The performance of extant IPOs is expected to influence both the capacity of ports and terminal operating companies to gather additional financial resources from equity capital markets in the future, and the related cost of funding. In addition, it may shape the attitude of private investors toward this equity asset class. (C) 2017 Elsevier Ltd. All rights reserved
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