Container Transshipment and Port Competition

The purpose of this paper is to study container port competition for transshipment cargo in a duopoly market. The authors develop the linear container handling demand function which incorporates transshipment traffic and applies a non-cooperative two-stage game to a vertical-structure seaport market with ports as upstream players and shipping lines as downstream players. The authors explain the drivers behind port competition through the existence of a unique Nash equilibrium which incorporates the shipping lines' port call decision and the ports' pricing decision. The authors also analyze a port collusion model and a social optimum model, and compare it with the non-cooperative model for further insights. Numerical simulations are conducted to demonstrate the results.

• Record URL:
  http://www.icms.polyu.edu.hk/Proceedings/Proceedings%20of%20IFSPA%202012.pdf
• 
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9789623677578
• Supplemental Notes:
  • Abstract reprinted with permission of Hong Kong Polytechnic University.
• Corporate Authors:

  Hong Kong Polytechnic University

  Department of Logistics and Maritime Studies
  Tung International Centre for Maritime Studies
  Hong Kong,   China 
• Authors:
  • Bae, Minju
  • Chew, Ek Peng
  • Lee, Loo Hay
  • Zhang, Anming
• Conference:
  • International Forum on Shipping, Ports and Airports (IFSPA) 2012: Transport Logistics for Sustainable Growth at a New Level
  • Location: Hong Kong , China
  • Date: 2012-5-27 to 2012-5-30
• Publication Date: 2012

Language

• English

Media Info

• Media Type: Digital/other
• Features: Appendices; Figures; References;
• Pagination: pp 461-478
• Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2012: Transport Logistics for Sustainable Growth at a New Level

Subject/Index Terms

• TRT Terms: Competition; Container terminals; Container traffic; Containers; Mathematical models; Ports
• Uncontrolled Terms: Nash equilibrium; Transshipment
• Subject Areas: Freight Transportation; Marine Transportation; Terminals and Facilities; I70: Traffic and Transport;

Filing Info

• Accession Number: 01485316
• Record Type: Publication
• ISBN: 9789623677578
• Files: TRIS
• Created Date: Jun 27 2013 5:45PM