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Outsourcing ship management: Implications for the logistics chain

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  • Pierre Cariou

    (World Maritime University - Malmø University, Euromed Management - Euromed Management - Marseille)

  • François-Charles Wolff

    (INED - Institut National d'Etudes Démographiques Paris - INED, LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - Université de Nantes : EA4272)

Abstract

The purpose of this paper is to contribute to a better understanding of the probability that shipping companies outsource the management of vessels to ship management companies, a decision with many implications for the logistics chain. Data on 39,925 vessels are used to investigate to the extent to which 4,049 different ship-owners (each operating a fleet of at least two vessels) outsource to ship-management service providers. We rely on multinomial Logit random and fixed effects regressions to explain how the characteristics of the owners and vessels influence this decision. We find that the size of the firm in terms of the number of vessels and the number of different types of vessels influence the likelihood of outsourcing. Also, ship-owners frequently implement a mixed strategy and outsource only some of their vessels.

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Bibliographic Info

Paper provided by HAL in its series Working Papers with number hal-00593742.

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Date of creation: 2011
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Handle: RePEc:hal:wpaper:hal-00593742

Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00593742/en/
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