code: A4317      studiebelasting: 3 sp      periode: sem. 2
naam: Liner shipping economics: containerisation, ports and multimodal transport networks
internet: rooster
opleiding/fase: econ/d23/profiel, ectrie/d23/major
voertaal: English
docent(en): mw. drs. C.N. Cheung Tam He, prof.dr. H. Haralambides
contactpersoon: mw. drs. C.N. Cheung Tam He
secretariaat: RHV/MarEc
aanmelding: students should apply with the International Relations Office (room H10-26 tel +31 10 4082532) or with the MSc in Maritime Economics and Logistics secretary (room H12-11 tel +31 10 4081490)
toelatingseisen: students of economics and business administration
aanbevolen: -
onderwijsvorm: fifteen weeks, 2 lecture hours
tentamenvorm: written examination
tentamenperiode: mei/juni
tentameneisen: -
tentamenstof: -

Objective

This course aims to provide an introduction to the theory and practice of liner shipping economics in the light of modern developments such as multimodal transport, containerisation and hub-and-spoke transport networks. Maritime policy implications are also addressed from this perspective.

Content

Increasingly, the international trade in manufactured goods takes place in containers. The industry that serves this trade has become known as liner shipping. The industry provides regular services among ports while the door-to-door transport of containers often involves complex networks of sea, road, rail and air transport. The role of ports in such networks is crucial: liberalisation in transport and increasing port competition are imposing significant demands on ports to modernise and adopt efficient organisational and managerial structures. Due to the nature of its operations, the liner shipping industry has always been characterised by significant capital concentration. In the past, this took the form of conferences (cartel-like carrier coalitions) while lately new forms of concentration are appearing such as consortia, alliances and mergers. Capital concentration in liner shipping has been necessitated by the amount of investments necessary to offer a service with the degree of regularity and frequency that the market itself requires. Notwithstanding this, however, such market structures have invariably attracted the interest of regulatory authorities, e.g. the European Commission, on matters such as pricing and market share.

Required Literature

Lecture notes
 29-1-2002