Article: Constructing maritime incoterms quotation judgment criteria in the post-epidemic era Journal: International Journal of Shipping and Transport Logistics (IJSTL) 2024 Vol.19 No.2/3 pp.391 - 415 Abstract: The COVID-19 has brought about drastic fluctuations in maritime trade quotations. This has prompted the focus of attention on how to rebuild a new mode of maritime quotations and stabilise the maritime transport market in the post-epidemic era. This paper takes CIF and FOB as examples to discuss the establishment of a quotation selection judgment criteria from the perspective of transportation. By using a Bayesian network model, a quantitative calculation of probability was conducted. The final construction of the CIF/FOB quotation selection judgment criteria will provide a replicable model and scheme. From the perspective of the development trend of the maritime industry in the post-epidemic era, it not only helps export traders make a more reasonable choice, but also provides a new means for market sustainability. Inderscience Publishers - linking academia, business and industry through research

Title: Constructing maritime incoterms quotation judgment criteria in the post-epidemic era

Authors: Ling Sun; Wenjing Zhang; Zijiang Hu

Addresses: College of Transport and Communications, Shanghai Maritime University, 1550, Haigang Avenue, Lingang New Town, Pudong New Area, Shanghai, 201306, China; School of Management, Fudan University, 670 Guoshun Road, Yangpu District, Shanghai, 200433, China; UMR 7235 EconomiX, French National Centre for Scientific Research (CNRS), Université Paris Nanterre, 200, Avenue De La République, 92001, Nanterre, France ' College of Transport and Communications, Shanghai Maritime University, 1550, Haigang Avenue, Lingang New Town, Pudong New Area, Shanghai, 201306, China ' School of Management, Fudan University, 670 Guoshun Road, Yangpu District, Shanghai, 200433, China; School of Economics, Jiangsu University of Technology, 1801, ZhongWu Avenue, Changzhou, Jiangsu, 213001, China

Abstract: The COVID-19 has brought about drastic fluctuations in maritime trade quotations. This has prompted the focus of attention on how to rebuild a new mode of maritime quotations and stabilise the maritime transport market in the post-epidemic era. This paper takes CIF and FOB as examples to discuss the establishment of a quotation selection judgment criteria from the perspective of transportation. By using a Bayesian network model, a quantitative calculation of probability was conducted. The final construction of the CIF/FOB quotation selection judgment criteria will provide a replicable model and scheme. From the perspective of the development trend of the maritime industry in the post-epidemic era, it not only helps export traders make a more reasonable choice, but also provides a new means for market sustainability.

Keywords: FOB; CIF; quotation selection judgment criteria; maritime transport; post-epidemic era; sustainable development.

DOI: 10.1504/IJSTL.2024.143143

International Journal of Shipping and Transport Logistics, 2024 Vol.19 No.2/3, pp.391 - 415

Received: 12 Feb 2023
Accepted: 21 Sep 2023
Published online: 04 Dec 2024 *

Title: Constructing maritime incoterms quotation judgment criteria in the post-epidemic era

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