University of Tasmania
Browse

File(s) under permanent embargo

Explaining variations in national fleet across shipping nations

journal contribution
posted on 2023-05-17, 08:33 authored by Hong-Oanh NguyenHong-Oanh Nguyen
Many studies on national shipping attribute the declines in national fleets of developed economies to the lack of comparative advantage, but little has been done so far to identify factors contributing to countries’ shipping comparative advantage using a systematic approach. Although shipping markets are highly international and competitive, it is not clear whether tonnage owned by countries is governed by country-specific factors. This paper seeks to explain variations in nationally owned fleet across shipping nations. The main variable of interest is national fleet tonnage owned by country of domicile as opposed to registered tonnage. The results of econometric analysis using data from 84 shipping nations indicate that various country-specific factors do indeed contribute to variations in fleet tonnage across shipping nations, albeit at different levels of significance. Financial market development, external trade, ship registration, shipbuilding, and shipping history appear to have the most significant impact followed by the level of development and technology and maritime policy. Based on the results of analysis, implications for policy and future research are also discussed

History

Publication title

Maritime Policy and Management

Volume

38

Issue

6

Pagination

567-583

ISSN

0308-8839

Department/School

Australian Maritime College

Publisher

Routledge

Place of publication

Mortimer House, 37-41 Mortimer St, London, UK

Rights statement

Copyright 2011 Taylor & Francis

Repository Status

  • Restricted

Socio-economic Objectives

International sea freight transport (excl. live animals, food products and liquefied gas)

Usage metrics

    University Of Tasmania

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC