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Carrier profitability influenced by large containerships

Citation

Shi, W and Li, KX and Zhu, M and Zhang, Q and Ge, J, Carrier profitability influenced by large containerships, Research in Transportation Business and Management Article 100411. ISSN 2210-5395 (In Press) [Refereed Article]

Copyright Statement

2019 Elsevier Ltd. All rights reserved.

DOI: doi:10.1016/j.rtbm.2019.100411

Abstract

The container shipping market has recently faced persistently low freight rates due to the mismatch between the sluggish demand for container shipping services and overcapacity of containerships, especially due to the ever-increasing use of large containerships. To address this challenge in a systematic manner, this paper uses a case study of the East Asia-Europe route to explain the attractiveness and popularity of large containerships to carriers. However, negative impacts of using large containerships are explained by revisiting interactions among carriers as well as interactions among key players in the container supply chain. Results of this paper provide policy implications to help market participants to gain a better understanding of the recent unprofitable situation in the container shipping industry.

Item Details

Item Type:Refereed Article
Keywords:container shipping, overcapacity problem, large containerships, profitability
Research Division:Commerce, Management, Tourism and Services
Research Group:Transportation, logistics and supply chains
Research Field:Road transportation and freight services
Objective Division:Transport
Objective Group:Water transport
Objective Field:Coastal sea freight transport
UTAS Author:Shi, W (Dr Wenming Shi)
ID Code:136256
Year Published:In Press
Deposited By:Maritime and Logistics Management
Deposited On:2019-12-10
Last Modified:2020-04-30
Downloads:0

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