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New Insights into the Ferry Business in the Turbulent Environment

Author

Listed:
  • Ilona
  • Urbanyi-Popiolek

Abstract

Purpose: The purpose of the article is to analyse the challenges faced by the ferry operators and discuss what activities they take when operating in a turbulent environment resulted from COVID-19 pandemic and effects of economic situation of the Baltic States. Design/Methodology/Approach: Several research methods were applied, literature review, data exploration method, desk research and in-depth interviews. Findings: Research revealed lack of current publications on ferry business activity in the context of dynamic and changing drivers influencing the ferry shipowners during last three years. Practical Implications: The article emphasizes that the activities undertaken by the ferry operators allow to operate despite the negative external factors and what should be undertaken to minimalize the adverse effects. Originality/Value: The literature researching the ferry shipping is not extensive, it includes a relatively small number of scientific articles and monographs. Most of the research concerns the last decade. However, there are no current studies on the functioning of the ferry sector, the activity of which in the last three years was significantly influenced by changes that occurred in the external environment. The article fills the research gap in the ferry sector studies.

Suggested Citation

  • Ilona & Urbanyi-Popiolek, 2022. "New Insights into the Ferry Business in the Turbulent Environment," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 63-73.
    • Handle: RePEc:ers:journl:v:xxv:y:2022:i:4:p:63-73
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    References listed on IDEAS

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    1. -, 2020. "Education in the time of COVID-19," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45905 edited by Eclac, February.
    2. repec:ecr:col016:45905 is not listed on IDEAS
    3. Angelos M. Pantouvakis, 2007. "Who pays the ferryman? An analysis of the ferry passenger's selection dilemma," Maritime Policy & Management, Taylor & Francis Journals, vol. 34(6), pages 591-612, December.
    4. Chen, Kang & Yang, Zhongzhen & Notteboom, Theo, 2014. "The design of coastal shipping services subject to carbon emission reduction targets and state subsidy levels," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 61(C), pages 192-211.
    5. Ana C. Paixão Casaca & Peter B. Marlow, 2009. "Logistics strategies for short sea shipping operating as part of multimodal transport chains," Maritime Policy & Management, Taylor & Francis Journals, vol. 36(1), pages 1-19, February.
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    Keywords

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    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • L99 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Other
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis

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