Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions

Includes bibliography

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Autor principal: Hoffmann, Jan
Otros Autores: NU. CEPAL. Unidad de Transporte
Formato: Texto
Lenguaje:English
Publicado: ECLAC 2014
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Acceso en línea:http://hdl.handle.net/11362/31094
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spelling oai-11362-310942020-11-17T01:17:41Z Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions Hoffmann, Jan NU. CEPAL. Unidad de Transporte CAMBIO TECNOLOGICO EXPEDICION DE CARGA INFRAESTRUCTURA DEL TRANSPORTE PUERTOS REGLAS Y NORMAS TRANSPORTE MARITIMO REGULACION ECONOMICA FREIGHT FORWARDING MARITIME TRANSPORT PORTS RULES AND REGULATIONS TECHNOLOGICAL CHANGE TRANSPORT INFRASTRUCTURE ECONOMIC REGULATION Includes bibliography Abstract Concentration in liner shipping means that relatively larger shipping companies are increasing their market share at the expense of the remaining smaller players. Although this process is not new, it has gained strength and is particularly affecting ports and shipping services in developing regions. Because trade is growing as a proportion of world GDP, governments and international organizations attach an increasing priority to improving ports and shipping services. This leads to deregulation, which, together with technological advances, increases the incentives for shipping companies to form alliances and to merge. Another cause of the process of concentration is technological change, which has led to an increase of fixed costs as a proportion of total average costs. This leads to larger optimum unit sizes of vessels, ports, and companies, which in turn reduces the number of participants in the long-term market equilibrium. To analyse the impacts of these trends, the document examines the following issues: the extent to which economies of scale are being realized; possible declines in liner shipping companies' profits; the danger of overcapacity; fluctuations in freight-rates; the strength of alliances; the expansion of east-west carriers into north-south markets; the increasing proportion of trans-shipped containers; ports as trans-shipment centres; options for small liner operators; benefits for importers, exporters and consumers; and the implications for regulatory bodies. The document presents a generally positive picture. The word concentration might initially raise the issues of abuse of market power and monopoly rents, but importers, exporters, consumers, ports, and major east-west carriers are all likely to gain from the described process. The ones that are most likely to lose are traditional north-south liner shipping companies. It would, however, be a costly misconception of competition if the public sector tried to protect smaller players from its consequences. 2014-01-03T00:25:31Z 2014-01-03T00:25:31Z 1998-08-17 Texto Documento Completo http://hdl.handle.net/11362/31094 LC/G.2027 en application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC
institution Cepal
collection Cepal
language English
topic CAMBIO TECNOLOGICO
EXPEDICION DE CARGA
INFRAESTRUCTURA DEL TRANSPORTE
PUERTOS
REGLAS Y NORMAS
TRANSPORTE MARITIMO
REGULACION ECONOMICA
FREIGHT FORWARDING
MARITIME TRANSPORT
PORTS
RULES AND REGULATIONS
TECHNOLOGICAL CHANGE
TRANSPORT INFRASTRUCTURE
ECONOMIC REGULATION
spellingShingle CAMBIO TECNOLOGICO
EXPEDICION DE CARGA
INFRAESTRUCTURA DEL TRANSPORTE
PUERTOS
REGLAS Y NORMAS
TRANSPORTE MARITIMO
REGULACION ECONOMICA
FREIGHT FORWARDING
MARITIME TRANSPORT
PORTS
RULES AND REGULATIONS
TECHNOLOGICAL CHANGE
TRANSPORT INFRASTRUCTURE
ECONOMIC REGULATION
Hoffmann, Jan
Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
description Includes bibliography
author2 NU. CEPAL. Unidad de Transporte
author_facet NU. CEPAL. Unidad de Transporte
Hoffmann, Jan
format Texto
author Hoffmann, Jan
author_sort Hoffmann, Jan
title Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
title_short Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
title_full Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
title_fullStr Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
title_full_unstemmed Concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
title_sort concentration in liner shipping: its causes and impacts for ports and shipping services in developing regions
publisher ECLAC
publishDate 2014
url http://hdl.handle.net/11362/31094
work_keys_str_mv AT hoffmannjan concentrationinlinershippingitscausesandimpactsforportsandshippingservicesindevelopingregions
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