Economic evaluation on container shipping route selection
by Bo Lu; Han Qiao; Yuzhe Zhao; Xianfei Yang; Guowei Hua; Xiaoxu Zhang
International Journal of Manufacturing Technology and Management (IJMTM), Vol. 32, No. 2, 2018

Abstract: The competition between each attractive container cargo port has been increasing drastically. Every port is striving to maintain the competitive edge and provide satisfactory services. This paper will provide an economic evaluation model which corresponds to the change of transshipment cargo volume of neighbour ports in North East Asia. The model, which classifies to Route 1 and Route 2, figures out an economic evaluation of the sea route, both routes hypothesise the Busan Port as a starting point. Basing on this model, it can generate an important data for deciding sea routes and calling ports of the shipping companies. Moreover, the shipping companies could improve a more efficient route and the related government authority or operational institution of each country could figure out the threshold of feeder cargo volume through this economic method.

Online publication date: Wed, 28-Feb-2018

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