IDEAS home Printed from https://ideas.repec.org/h/zbw/hiclch/228957.html
   My bibliography  Save this book chapter

Financing investments in a landlord port

In: Data Science in Maritime and City Logistics: Data-driven Solutions for Logistics and Sustainability. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 30

Author

Listed:
  • Somorowsky, Carolyn
  • Haasis, Hans-Dietrich

Abstract

Purpose: Given of a landlord port model, private operating companies have to invest in superstructure, equipment and labor to maintain and improve the physical and non-physical flow of goods. The purpose of this paper is to examine interdependencies as well as existing collaborative strategies between operators in ports and to develop a collaborative concept for financing such investments. Methodology: A literature review on supply chain management, port and collaboration is applied with a focus on vertical inter-organizational integration and collaborative strategies of financing investments. Based on the idea of cooperative game theory, a new collaborative concept for financing investments in ports is developed. Findings: In literature, collaboration and the supply chain perspective are gaining in importance. However, collaborative approaches for financing investments that are necessary for the improvement of the value chain are almost completely left out of consideration. Originality: Academic literature on network structures in ports as well as vertical inter-organizational integration is limited. This paper emphasizes the importance of collaboration in port structures and in a first attempt, discusses how joint financing provides added value for the logistics chain.

Suggested Citation

  • Somorowsky, Carolyn & Haasis, Hans-Dietrich, 2020. "Financing investments in a landlord port," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Jahn, Carlos & Kersten, Wolfgang & Ringle, Christian M. (ed.), Data Science in Maritime and City Logistics: Data-driven Solutions for Logistics and Sustainability. Proceedings of the Hamburg International Conferen, volume 30, pages 409-440, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
  • Handle: RePEc:zbw:hiclch:228957
    DOI: 10.15480/882.3155
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/228957/1/hicl-2020-30-409.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.15480/882.3155?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Marcella De Martino & Alfonso Morvillo, 2008. "Activities, resources and inter-organizational relationships: key factors in port competitiveness," Maritime Policy & Management, Taylor & Francis Journals, vol. 35(6), pages 571-589, December.
    2. Jeffrey Martin & Brian J. Thomas, 2001. "The container terminal community," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(3), pages 279-292, July.
    3. Musso, Enrico & Ferrari, Claudio & Benacchio, Marco, 2006. "Port Investment: Profitability, Economic Impact and Financing," Research in Transportation Economics, Elsevier, vol. 16(1), pages 171-218, January.
    4. Brooks Mary R., 2004. "The Governance Structure of Ports," Review of Network Economics, De Gruyter, vol. 3(2), pages 1-16, June.
    5. Marc H Juhel, 2001. "Globalisation, Privatisation and Restructuring of Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 3(2), pages 139-174, June.
    6. Carlos Oliveira Cruz & Rui Cunha Marques, 2012. "Risk-Sharing in Seaport Terminal Concessions," Transport Reviews, Taylor & Francis Journals, vol. 32(4), pages 455-471, February.
    7. Meersman, Hilde M.A., 2005. "Port Investments in an Uncertain Environment," Research in Transportation Economics, Elsevier, vol. 13(1), pages 279-298, January.
    8. Zhang, Jihua, 2016. "Quasi-landlord port financing in China: Features, practice and a contract theory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 73-88.
    9. Valentina Carbone & Marcella De Martino, 2003. "The changing role of ports in supply-chain management: an empirical analysis," Maritime Policy & Management, Taylor & Francis Journals, vol. 30(4), pages 305-320, October.
    10. Notteboom Theo E., 2004. "Container Shipping And Ports: An Overview," Review of Network Economics, De Gruyter, vol. 3(2), pages 1-21, June.
    11. Ross Robinson, 2002. "Ports as elements in value-driven chain systems: the new paradigm," Maritime Policy & Management, Taylor & Francis Journals, vol. 29(3), pages 241-255.
    12. Clott, Christopher & Hartman, Bruce C., 2016. "Supply chain integration, landside operations and port accessibility in metropolitan Chicago," Journal of Transport Geography, Elsevier, vol. 51(C), pages 130-139.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heaver, Trevor, 2006. "The Evolution and Challenges of Port Economics," Research in Transportation Economics, Elsevier, vol. 16(1), pages 11-41, January.
    2. Su-Han Woo & Stephen Pettit & Anthony Beresford & Dong-Wook Kwak, 2012. "Seaport Research: A Decadal Analysis of Trends and Themes Since the 1980s," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 351-377, January.
    3. Cullinane, Kevin & Talley, Wayne K., 2006. "Introduction," Research in Transportation Economics, Elsevier, vol. 16(1), pages 1-10, January.
    4. Franc, Pierre & Van der Horst, Martijn, 2010. "Understanding hinterland service integration by shipping lines and terminal operators: a theoretical and empirical analysis," Journal of Transport Geography, Elsevier, vol. 18(4), pages 557-566.
    5. Zhang, Jihua, 2016. "Quasi-landlord port financing in China: Features, practice and a contract theory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 73-88.
    6. Flämig, Heike & Hesse, Markus, 2011. "Placing dryports. Port regionalization as a planning challenge – The case of Hamburg, Germany, and the Süderelbe," Research in Transportation Economics, Elsevier, vol. 33(1), pages 42-50.
    7. Bichou, K. & Gray, R., 2005. "A critical review of conventional terminology for classifying seaports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(1), pages 75-92, January.
    8. David Jaffee, 2010. "Labor and the Geographic Reorganization of Container Shipping in the U.S," Growth and Change, Wiley Blackwell, vol. 41(4), pages 520-539, December.
    9. Brinker, Janosch & Haasis, Hans-Dietrich, 2020. "The impact of an asymmetric allocation of power on the digitalization strategy of port logistics," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Jahn, Carlos & Kersten, Wolfgang & Ringle, Christian M. (ed.), Data Science in Maritime and City Logistics: Data-driven Solutions for Logistics and Sustainability. Proceedings of the Hamburg International Conferen, volume 30, pages 457-484, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    10. Leonie C.E. Stevens & Iris F.A. Vis, 2016. "Port supply chain integration: analyzing biofuel supply chains," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(3), pages 261-279, April.
    11. Dongxu Chen & Zhongzhen Yang, 2019. "Investment in container ports along the Maritime Silk Road in the context of international industry transfer: the case of the port of Colombo," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(2), pages 241-257, June.
    12. Van den Berg, Roy & De Langen, Peter W., 2011. "Hinterland strategies of port authorities: A case study of the port of Barcelona," Research in Transportation Economics, Elsevier, vol. 33(1), pages 6-14.
    13. Pallis, Athanasios A. & Syriopoulos, Theodore, 2007. "Port governance models: Financial evaluation of Greek port restructuring," Transport Policy, Elsevier, vol. 14(3), pages 232-246, May.
    14. Rui Cunha Marques & Álvaro Fonseca, 2010. "Market structure, privatisation and regulation of Portuguese seaports," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(2), pages 145-161, March.
    15. Soppé, Martin & Parola, Francesco & Frémont, Antoine, 2009. "Emerging inter-industry partnerships between shipping lines and stevedores: from rivalry to cooperation?," Journal of Transport Geography, Elsevier, vol. 17(1), pages 10-20.
    16. van Asperen, E. & Dekker, R., 2010. "Flexibility in Port Selection: A Quantitative Approach Using Floating Stocks," Econometric Institute Research Papers EI 2009-44, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    17. Zheng, Shiyuan & Jiang, Changmin & Fu, Xiaowen, 2021. "Investment competition on dedicated terminals under demand ambiguity," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 150(C).
    18. Assunta Di Vaio & Luisa Varriale, 2018. "Management Innovation for Environmental Sustainability in Seaports: Managerial Accounting Instruments and Training for Competitive Green Ports beyond the Regulations," Sustainability, MDPI, vol. 10(3), pages 1-35, March.
    19. Amanda Mackloet, 2006. "Locational Dynamics in an Era of Global Economic Change: Is the Port of Rotterdam Up to the Challenge?," ERSA conference papers ersa06p337, European Regional Science Association.
    20. Weihua Liu & Xinran Shen & Di Wang, 2020. "The impacts of dual overconfidence behavior and demand updating on the decisions of port service supply chain: a real case study from China," Annals of Operations Research, Springer, vol. 291(1), pages 565-604, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:hiclch:228957. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://hicl.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.