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Accelerating Discoveries in Traffic Science

Accelerating Discoveries in Traffic Science

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PUBLISHED
20.04.2018
DOI
https://doi.org/10.7307/ptt.v30i2.2440
ISSUE
2018 (Vol 30), Issue 2
LICENSE
Copyright (c) 2024 Vladimir Jerebić, Stanislav Pavlin
Creative Commons 4.0 logo
This work is licensed under a
Creative Commons Attribution-NonCommercial-
NoDerivatives 4.0 International License.

Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy

Authors:

Vladimir Jerebić
PhD Candidate Bukovačka Cesta 282a HR-10000 zagreb, Croatia

Stanislav Pavlin
PhD. Profesor University of Zagreb Faculty of Transport and Traffic Sciences Vukelićeva 4, 10000 Zagreb, Croatia

Keywords:container shipping, economy crisis impact, operational strategy changes, consolidation, market forecasts,

Abstract

The shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008, but is still much visible within the container industry, particularly through overcapacity and low freight rates. It also deals with major changes of maritime container carrier’s management strategies, development and application of advanced transportation, technological, technical, economical, organizational and commercial measures in order to adapt and cope with new business environment. Finally, an attempt is made to forecast the market, potential difficulties and to propose problem-solving measures.

References

  1. Review of Maritime Transport. UNCTAD, UN, New York, USA; 2017.

    Haralambides HE, Thanopoulu H. The Economic Crisis of 2008 and World Shipping: Unheeded Warnings. SPOUDAI Journal of Economics and Business. May 2014;64(2): 5-13. Available from: https://econpapers.repec.org/article/spdjournl/v_3a64_3ay_3a2014_3ai_3a2_3ap_3a5-13.htm [Accessed on February 2017].

    Samaras I, Papadopoulou EM. The Global Financial Crisis – The Effects on the Liner Shipping Industry and the Newly Adopted Leading Practices. Paper presented at: 1st Olympus International Conference on Supply Chains (ICSC 2010), 1-2 Oct 2010, Katerini, Greece. Available from: http://www.teicm.gr [Accessed on February 2017].

    Alphaliner Weekly Newsletter. Volume 27, Issue 04, January 2017. Available from: http://www.alphaliner. com/ [Accessed on February 2017].

    Alphaliner Portal. Available from: http://www.alphaliner.com/liner2/research_files/liner_studies/nograph/Alphaliner-CharterRates.pdf [Accessed on February 2017].

    Worl

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How to Cite
Jerebić, V. (et al.) 2018. Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy. Traffic&Transportation Journal. 30, 2 (Apr. 2018), 187-194. DOI: https://doi.org/10.7307/ptt.v30i2.2440.

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