A longitudinal study of seaport selection: the perspective of container shipping companies

Min Seop Sim, Sung Ho Kim, Yul Seong Kim, Young Joon Seo

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

Purpose: Competition among seaports is rapidly increasing due to various factors such as the global recession, resurgence of COVID-19, tight environmental regulations of IMO, sharp rise in ocean freight charges, increasing global uncertainties and growth in ship sizes. It is essential to have precise knowledge of shipping companies' port selection factors to secure the competitive advantage of seaports. This study aims to empirically analyze recent changes in the importance of port selection factors. Design/methodology/approach: By employing a longitudinal study, this study conducted the t-test analysis. The first survey was conducted from January 2005 to April 2005. Then, the second survey was conducted in May 2021. Findings: First, the importance of port facilities (berth length and the number of berths, shed and terminal areas, possession of adequate equipment and maximum berth size) increased significantly. Second, while ship and cargo safety were the critical port service factors in previous studies, speed, flexibility and reliability for handling cargo and berthing schedule were found to be crucial in this study. Third, the importance of ship arrival/departure frequency, route diversity and ship arrival/departure information systems increased when shipping companies selected the port. Originality/value: This study has academic significance in that it reveals the changing importance of port selection factors in the 2020s and has taken the form of a longitudinal study on the importance of port selection factors from 2005 to 2021, moving beyond the cross-sectional approach. This study can provide valuable insights into and implications for port policymakers and managers when developing and formulating port policies and strategies.

Original languageEnglish
Pages (from-to)332-350
Number of pages19
JournalMaritime Business Review
Volume8
Issue number4
DOIs
StatePublished - 5 Dec 2023

Keywords

  • Container shipping companies
  • Port selection
  • Port selection factors
  • Seaport
  • t-test

Fingerprint

Dive into the research topics of 'A longitudinal study of seaport selection: the perspective of container shipping companies'. Together they form a unique fingerprint.

Cite this