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Table A.1 shows that the capacity flows from HKG port to NE Asia is about seven times greater than those from Singapore port to NE Asia. Whereas, the capacity flows from Singapore port to SE Asia is about nine times greater than those from HKG port to SE Asia
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Table A.1 shows that the capacity flows from HKG port to NE Asia is about seven times greater than those from Singapore port to NE Asia. Whereas, the capacity flows from Singapore port to SE Asia is about nine times greater than those from HKG port to SE Asia
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49
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If our objective is to measure network effects from the liner shipping company's perspective, the level of congestion on the link will be important and the associated index should express demand as a fraction of supply capacity for a specified O-D pair
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If our objective is to measure network effects from the liner shipping company's perspective, the level of congestion on the link will be important and the associated index should express demand as a fraction of supply capacity for a specified O-D pair
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The port industry is a network industry, not just among ports but also between ports and shipping lines. High utilization of port facilities entails cost savings to port operators, which are likely to be passed onto users under intense price competition. However, existing literature also recognized that high capacity utilization can imply shortage of facilities, which in turn result in longer waiting time. Therefore, liner shipping companies weigh the benefits of lower port charges against the tardy service when considering whether to use the port [4].
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Meanwhile, the stronger significance of the congestion index at the loading port may be explained from its one-to-many relationships with other downstream ports. As the loading port connects to various destination ports, it is unsurprising that the individual influence of the latter on the port traffic dilutes.
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