TY - JOUR
T1 - A longitudinal study of seaport selection
T2 - the perspective of container shipping companies
AU - Sim, Min Seop
AU - Kim, Sung Ho
AU - Kim, Yul Seong
AU - Seo, Young Joon
N1 - Publisher Copyright:
© 2023, Pacific Star Group Education Foundation.
PY - 2023/12/5
Y1 - 2023/12/5
N2 - 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.
AB - 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.
KW - Container shipping companies
KW - Port selection
KW - Port selection factors
KW - Seaport
KW - t-test
UR - http://www.scopus.com/inward/record.url?scp=85166403740&partnerID=8YFLogxK
U2 - 10.1108/MABR-10-2022-0051
DO - 10.1108/MABR-10-2022-0051
M3 - Article
AN - SCOPUS:85166403740
SN - 2397-3757
VL - 8
SP - 332
EP - 350
JO - Maritime Business Review
JF - Maritime Business Review
IS - 4
ER -