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Analysis of container port policy by the reaction of an equilibrium shipping market

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In the competitive container cargo transportation market, shipping companies are drastically changing their strategy vis-a-vis routing and port choice by the formation of global alliances. In such a situation, the effectiveness of port management policy in persuading container liners to use the port is most important. The paper discusses port management policy in an equilibrium shipping market. A model is proposed to simulate the flow of foreign trade container cargo using game theory. It is used to explain the interaction of port management policy, shipping companies and shippers.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/030888399286808

Publication date: October 1, 1999

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