Maritime industry is one of the most globally connected industries that include transportation of numerous types of goods and documents across the world. With that said, it is safe to say that abundance of financial and paper-trail transactions are made every day in order for goods to be transported from one place to another. The scope of this paper is to show that by implementing blockchain technology savings in time and money could be generated. This paper presents costs of container freights and rates in the last few years and assumes possible future costs of container freights and rates if blockchain based technology is implemented. Additionally, by using comparative method economical and time value of “traditional” bill of lading is compared with a blockchain bill of lading solution. It is also important to mention the potential impact of the blockchain technology on the world environment and ecology by reducing global paper consumption and emissions from vehicles that are used in the transportation process. This paper also gives a descriptive and comprehensive overview of current and future applications of blockchain technology in maritime industry.

The aim of this paper is to assess the overall and pure technical efficiency of tourism in European countries in 2017 using the output-oriented Charnes, Cooper and Rhodes (1978, 1979), and Banker, Charnes and Cooper (1984) data envelopment analysis methodology. The countries were divided into two groups: European Union countries and non-European counties. We identified two input and two output variables for each group. Input variables were identified using the principal component analysis method, starting from fourteen pillars that measure the performance of countries in the field of travel and tourism, and are published in the regular reports of the World Economic Forum. Then, two output variables were defined (the total (direct and indirect) contribution of travel and tourism to gross domestic product, and the direct contribution of tourism to employment growth rate), to determine the relative efficiency of decision-making units within the formed homogeneous groups of countries, among which the group of Western Balkan countries was singled out. This analysis enabled us, based on relatively scarce potential, to propose guidelines for a tourism development strategy for the entire Western Balkans region.

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Cruise tourism as one of the most dynamic and fastest growing segments of tourism industry is shaping tourism activities. The growth rate of global cruise tourism has constantly increased over the last years and the number of cruise passengers is expected to grow worldwide. Cruising as form of leisure tourism is the most expressed in the Caribbean, followed by the Mediterranean as cruising region with increasing cruise passenger rates. The demand for cruise tourism continues to grow and cruise ports will continue to develop an interest in advancing their cruise activities. The paper elaborates on the pattern of cruise port industry with regard to cruise port model of operation governance, two basic types of port operation, namely ports without private entry in port operation and ports with private entry in port operation. Research sample are cruise ports in the Mediterranean and adjoining seas. The main indicators of passenger fl ows are analysed and the intensity, structure and dynamics is identifi ed. Descriptive statistics is used to describe the basic features of the data in the study together with summaries about the sample and the measures. Along with graphics analysis, quantitative analysis of data is performed. Port governance including private entry, especially port operators, is seen as key response to global cruise industry growth, having advantage over public port governance in diverse fi elds of port operation. Research results indicate that cruise ports with private entry in port operation are not geographically concentrated. Cruise ports with private entry in port operation are dominating the market, but cruise ports without private entry are catching up as their growth rate is higher. At the same time cruise ports with private entry in port operation are turning to bigger sized cruise ships increasing overall effi ciency per call. Findings contribute to cruising tourism theory and practice. In practical terms the contribution of this paper is the understanding of current market position of cruise ports with regard to their model of port governance, more precisely the position of ports with private entry in cruise port operation versus cruise ports without private entry in cruise port operation. Sažetak Kruzing turizam, kao jedna od najdinamičnijih grana turizma koja se najbrže razvija, oblikuje aktivnosti u turizmu. Stopa rasta kruzing turizma na svjetskoj razini posljednjih godina neprekidno se povećava, a očekuje se daljnji porast broja putnika na kružnim putovanjima diljem svijeta. Kruzing kao oblik rekreacijskog turizma najizraženiji je na Karibima, a zatim slijedi Mediteran kao kruzing područje u kojemu se broj putnika sve više povećava. Potražnja za kruzing turizmom nastavlja rasti, a luke za kružna putovanja nastavit će razvijati zanimanje za unapređenje svojih kruzing aktivnosti. Ovaj rad istražuje organizaciju u kruzing destinacijama, s osvrtom na model upravljanja lukama za kružna putovanja, preciznije, na dva osnovna tipa rada u lukama-luke u kojima nije omogućen privatan ulazak u njiho...