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Port capacity-sharing decisions in the post-COVID-19 pandemic era

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  • Dong, Gang
  • Ishii, Masahiro
  • Zheng, Shiyuan
  • Tezuka, Koichiro
  • Lee, Paul Tae-Woo

Abstract

Considering the disruption risk and congestion deterioration caused by recurrent outbreaks of COVID-19 in several ports, this study developed a port capacity decision three-stage game model by adopting a sharing approach, which comprised a combined port management committee and a two-port system. The former determines the capacity-sharing rate, and the latter sequentially chooses its terminal handling charge (THC). Through backward induction, the capacity-sharing decisions among multiple extrema are derived, and then the “siphon effect” and “spillover effect” of capacity-sharing are analyzed. A case study of Shanghai and Ningbo Zhoushan Ports is presented to further illustrate the findings.

Suggested Citation

  • Dong, Gang & Ishii, Masahiro & Zheng, Shiyuan & Tezuka, Koichiro & Lee, Paul Tae-Woo, 2024. "Port capacity-sharing decisions in the post-COVID-19 pandemic era," Transport Policy, Elsevier, vol. 147(C), pages 22-31.
    • Handle: RePEc:eee:trapol:v:147:y:2024:i:c:p:22-31
    DOI: 10.1016/j.tranpol.2023.09.016
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