Is the container liner shipping industry an oligopoly?

Sys, Christa

doi:10.1016/j.tranpol.2009.08.003

Cited by 93 publications

(48 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In some researches on container liner shipping, HHI has been adopted to quantify the level of market concentration (see for example [40,47,68]). In the article, the index is applied to realize the concentration or de-concentration on the shipping network.…”

Section: Port Degree Concentrationmentioning

confidence: 99%

Empirical analysis of the container liner shipping network on the East-West corridor (1995–2011)

Tran

Haasis

2014

Netnomics

View full text Add to dashboard Cite

The shipping network plays an important role in the operation of container liner shipping. It provides a system on which transportation activities take place. This article aims to study the topological structure of the shipping network on the East-West corridor from 1995 to 2011. The theoretical background is based on graph theory, statistical techniques, social network analysis, and transportation network structure. Data is deployed from the service information published in Containerisation International Yearbooks and processed by designated computer programs. The expansion of the shipping network to adapt to the growth of global trade is displayed by the increase of deployed fleet, the number of served ports and weekly calls. Major features of arcs on the network are identified in respect of nautical distance, travelling time and assortativity. Port strength on the network is evaluated on the basis of degree centrality with the majority of the largest degree ports located in East Asia. The power law distribution of port degree indicates the existence of many small degree ports and only a few high degree ones. Highly positive correlation coefficients between port degree and throughput express the causal link between them. The dynamics of regional networks is observed through network indicators. A salient trend is the deconcentration process happening in many regions during which secondary ports have grown strongly and have lowered the centrality of bigger ones.

show abstract

Section: Port Degree Concentrationmentioning

confidence: 99%

Empirical analysis of the container liner shipping network on the East-West corridor (1995–2011)

Tran

Haasis

2014

Netnomics

View full text Add to dashboard Cite

show abstract

“…The higher value of CR3 for a certain market area indicates that the market is more concentrated. However, the value of CR3 has a limitation in its application for analyzing the market concentration because the remaining corporates excluding top 3 firms are not considered (Sys, 2009). To compensate this deficiency of CR3, the value of HHI is also used in the analysis of the market concentration and it can be calculated from the following equation (Calkins, 1983).…”

Section: Cr3 and Hhimentioning

confidence: 99%

“…Thus, both CR3 and HHI should be taken into account for analyzing the market concentration. Furthermore, the HHI value can be utilized as a criterion showing the degree of market concentration (Calkins, 1983;Sys, 2009;Titilayo and Victor, 2014). (1) When the HHI value is lower than 1,000, the market is unconcentrated.…”

Section: Cr3 and Hhimentioning

confidence: 99%

Study for selection of industrial areas suitable to small and medium-sized enterprises (SMEs) in Korea

Park

Lee

Youngjoo

et al. 2016

Journal of Open Innovation: Technology, Market, and Complexity

View full text Add to dashboard Cite

In this study, the investigation into basic methodology for selecting the industrial areas suitable to the small and medium-sized enterprises (SMEs) in Korea was performed by using the statistical data about the corporations (2010~2012) as the quantitative evidences containing the number of companies, the number of workers, the annual sales, and the indices of market concentration and growth potential. From the Statistics Korea and the KISTI Market Analysis and Prediction System (K-MAPS), the statistical data organized by the Korean Standard Industrial Classification (KSIC) were obtained to conduct this research through the following procedure. First of all, the numbers of enterprises and employees and the annual sales of all industries were investigated and the largest number of workers and the highest annual sales were found in the sector of manufacturing among all sectors of KSIC. Secondly, the top three divisions with the highest annual sales in all divisions of manufacturing sector were selected. Thirdly, the subclasses having high values of annual sales and SMEs proportions among all subclasses in the top three divisions of the previous step were chosen as the candidates of SMEs-recommendable fields. Fourthly, the degree of market concentration was analyzed by using three-firm concentration ratio (CR3) and Herfindahl-Hirschman index (HHI) of the selected subclasses. Finally, the study for growth potential of chosen subclasses was performed through the analysis of compound annual growth rate (CAGR). After the overall process of this study was carried out with the synthetic consideration of the above-mentioned factors, the three subclasses of KSIC as industrial areas suitable to the SMEs could be found: (1) Manufacture of printed circuit boards, (2) Manufacture of parts and accessories for motor engines, and (3) Manufacture of parts and accessories for motor vehicle body. From this result, it was found that the values of annual sales, CR3, HHI, and CAGR can be very useful factors to discover the recommendable industry fields to the SMEs.

show abstract

“…This situation requires adaptation to new environment through the cooperation of companies, so, the vertical agreements are a good way to increase competitiveness, and those agreements are the first step towards a merger based on vertical integration which could become a higher capacity to constituting alliances and to strengthening the mergers and acquisitions. This process is giving, as a result, an increasing size of firms involved in maritime transport and, at the same time, it is inducing a change in competition bias, by means of a closer position to oligopolistic structures [34], which not only renders firms more efficient but also more profitable. Sys, Meersman, Van De Voorde have proven, operators involved in mergers and acquisitions have higher revenues in later years [32].…”

Section: Shipowners' Strategies and The Establishment Of Coordinationmentioning

confidence: 99%

New Maritime Alliances and Competition in a New Economic Environment

Laxe¹,

Novo-Corti²,

Pociovălişteanu

2016

PROMET

View full text Add to dashboard Cite

show abstract

Is the container liner shipping industry an oligopoly?

Cited by 93 publications

References 3 publications

Empirical analysis of the container liner shipping network on the East-West corridor (1995–2011)

Empirical analysis of the container liner shipping network on the East-West corridor (1995–2011)

Study for selection of industrial areas suitable to small and medium-sized enterprises (SMEs) in Korea

New Maritime Alliances and Competition in a New Economic Environment

Contact Info

Product

Resources

About