Competitiveness between short sea shipping and road freight transport in mainland port connections; the case of two Greek ports

Maritime Policy and Management

Volumn 39, Issue 3, 2012, Pages 321-337

  Sambracos, Evangelos ^a   Maniati, Marina ^a  

^a UNIVERSITY OF PIRAEUS   (Greece)

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITIVENESS; FREIGHT TRANSPORT; MARITIME TRANSPORTATION; PORT OPERATION; ROAD TRANSPORT; SHIPPING; TRANSPORTATION ECONOMICS;

ACHAEA; GREECE; PATRAS; WESTERN GREECE;

EID: 84860900884     PISSN: 03088839     EISSN: 14645254     Source Type: Journal    
DOI: 10.1080/03088839.2012.671545     Document Type: Article

References (28)

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9. Port of Eleusis
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16. The distance between the two ports is estimated at 130 nm. Thus, at an average operational speed of 17 knots, the required journey shall have an expected completion time of 7.65 h one way and 15 h for a round trip. At an operational speed of 14 knots, the trip duration is estimated at approximately 9.3 h each direction and 18.6 h for a round trip
17. According to the Greek Maritime Law, this vessel type involves crew of nine persons at Deck, six persons at Engineering Department and three persons at Steward's Department
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21. Second-hand prices appear to be somewhat slightly lower than that required for new builds mainly due to the availability of the former for entering into service in an immediate fashion. Build times for a typical Ro-Ro ship may vary up to 2 years from order to completion, so availability is a valued parameter during a ship acquisition decision
22. The scrapping value cannot be considered as a fixed amount, since the situation of the markets at each given time have substantial effect on the demolition value of the ship. To meet the purpose of this paper, we consider the average scrap value during 2009
23. where CFI denotes indexed Cash flow inputs and CFO indexed cash flow outputs, respectively. The IRR (internal rate of return) is then defined as the interest rate such that NPV = 0. Thus, NPV = f(i): IRR+ → IRR; f(IRR) = 0. We estimated the above measures for i = 0.05 and n = 20, such that the project is financially sound if NPV > 0 or equivalently, IRR > 0.05
24. veh-km, Vehicle-kilometre: One kilometre travelled by a single vehicle
25. ves-km: One kilometre travelled by a single vessel (1 km = 0.539956 nm)
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28. Periandros, A. E., 2009, New invoice 2009-2010 of transit fees & rights of Corinth canal.www.corinthcanal.com