A study of the critical success factors of international ship finance centre

Abstract

Purpose The purpose of this study is to identify the critical success factors to international ship finance centre (ISFC) and to understand the reasons behind ship financing decision by shipowners and their views on the potential of Shanghai to become an ISFC in the near future. Design/methodology/approach Survey questionnaire and follow-up interviews were conducted. The survey of this study was conducted by firstly sending online questionnaire with interview questions via email and then carrying out interview either on telephone or in-person with the interview questions to collect factual data and views from individual interviewees. Findings This study identified governmental support and stable policy, sound and favourable legal system, advanced maritime cluster and dynamic source of finance as critical success factors which can help Shanghai to evolve into an international maritime centre with dual function as an ISFC which is a synthesis with the maritime sector of an international finance centre. Originality/value This paper is known to be the first to link international maritime centre with ISFC.

Sources of efficiency changes at Asian container ports

“…The port of Hong Kong seems to underperform in all aspects investigated. In Efficiency changes particular, it may first improve its technological adoption as this aspect lags behind its major competitor the most (Choy et al, 2016). In addition, this study reveals that the pure technical efficiency may have had the most direct effect on the overall efficiency improvement given a high correlation between the two (0.85).…”