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Article
Publication date: 18 January 2024

Stefania Kollia and Athanasios A. Pallis

Container liner shipping companies started expanding their business by investing in container port terminals in the late 1990s. This market entry results in an extensive presence…

Abstract

Purpose

Container liner shipping companies started expanding their business by investing in container port terminals in the late 1990s. This market entry results in an extensive presence of vertically integrated liners and terminals. This study aims to explore the competition effects of this vertical integration trend based on a regional (European) analysis. In particular, it extracts lessons from the European Commission (EC) cases on the competition effects of vertical integration. The critical analysis of the cases examined at the institutional level intends to reach conclusions on whether liner–terminal vertical integration harmed or advanced competition in the relevant markets and/or the extent that there is a need to revise the current policy practices.

Design/methodology/approach

This study critically assesses the EC’s decisional practices in port container terminal vertical mergers in the last 25 years (1997–2021). Based on a literature review comparing maritime and competition economists' perspectives, it reviews the types of mergers examined, the methodology followed for relevant market definition and calculation of market shares and the estimated competition effects. The Hamburg–Le Havre area is the port range used as a case study for comparing the decisional practice with actual market developments. These container ports serve the greatest consuming market of final and intermediate goods in Europe and are gateways to Central and Eastern Europe.

Findings

The assessment identifies a need for expanding the investigation as a precondition for reaching conclusions on both the anti- and pro-competitive effects. First, only a limited number of transactions have been notified to the EC. Second, the empirical research identified a gap in this process, as there were no decisions (phase I) on vertical mergers between 2008 and 2016. Third, the exante assessment has not applied a phase II in-depth analysis to any case due to the absence of competition concerns. Finally, due to the absence of complaints, there is a lack of any ex post assessment of the effects of vertical integration.

Research limitations/implications

This assessment is important for understanding the current and emerging features of intra-port and inter-port competition and the potential effects that the continuation and expansion of liner companies' vertical integration strategies will have along maritime supply chains. It also contributes to the broader discussion on liner companies' strategies, such as the research and policy-making efforts around the globe to understand the impact of both vertical and horizontal integration.

Practical implications

These discussions are critical for a diversity of businesses that use liner shipping services or provide facilities and services to container shipping lines or ports. They are important for the interests of customers and consumers as they could inform any needed re-visiting of competition policy to protect from the dominance of any market developments that would lead to conditions limiting competition. Expanding analysis on the competition effects of non-notified mergers would help a better understanding of market changes.

Social implications

Enhancing competition and limiting monopolies is valuable from a consumer's perspective. This is more so in the case of maritime trade that serves the needs of societies. The study contributes by generating a better understanding of how decision-makers have worked towards that direction and what realignments are worthy.

Originality/value

There are no previous comprehensive reviews and analyses of the ways that policy-makers at the regional level have addressed the competition effects of vertical integration strategies of liner shipping companies when enhancing competition is valuable from a consumer perspective. Comparing maritime economists and competition, the study, via its literature review, also offers a comparison of maritime and competition perspectives on these competition effects, allowing positioning of how effective decisional-making practices have been.

Details

Maritime Business Review, vol. 9 no. 1
Type: Research Article
ISSN: 2397-3757

Keywords

Content available
Article
Publication date: 4 December 2019

Etsuko Nishimura

To achieve a high container handling efficiency at transshipment hub ports, there are a variety of scheduling problem as ship-to-berth assignment (BAP), container-to-yard…

1905

Abstract

Purpose

To achieve a high container handling efficiency at transshipment hub ports, there are a variety of scheduling problem as ship-to-berth assignment (BAP), container-to-yard arrangement (YAP), etc. As it is difficult to acquire the actual data of an existing terminal under various circumstances, this study aims to develop the time estimation model of container handling. Additionally, to achieve an efficient handling of containers at the yard, this study proposes the way to optimize the yard arrangement along with the berth allocation simultaneously by using estimated handling time.

Design/methodology/approach

To obtain the handling time based on various situations of the terminal operated, the discrete simulation model of container handling is constructed. The model to estimate the handling time of a quay crane assigned to a relevant ship by multiple regression analysis is developed. To find a feasible solution to minimize the total service time which includes YAP and BAP simultaneously, a genetic algorithm based on heuristics is developed.

Findings

The proposed regression model has high performance to estimate the time spent of container handling. In the total service time, the proposed approach outperformed the existing 2-step process approach.

Originality/value

As it is difficult to acquire the actual information of an existing marine terminal under various circumstances, the paper contains a regression model to estimate the container handling time based on simulation data, and the regression model is used in an optimization model to minimize the ship turnaround time.

Details

Maritime Business Review, vol. 5 no. 1
Type: Research Article
ISSN: 2397-3757

Keywords

Open Access
Article
Publication date: 11 August 2023

Jacobus Gerhardus J. Nortje and Daniel Christoffel Myburgh

This paper aims to identify impediments, discuss impediments and make recommendations for the impediments during the execution of a search and seizure warrant for digital evidence…

Abstract

Purpose

This paper aims to identify impediments, discuss impediments and make recommendations for the impediments during the execution of a search and seizure warrant for digital evidence in South African criminal cases.

Design/methodology/approach

The discussion of this article, the second article of two, focuses on a literature review of international and local impediments identified in case law and published research literature and how it is approached in various jurisdictions.

Findings

This study found that impediments identified and addressed internationally during the execution of a search and seizure warrant for digital evidence are relevant to South African criminal cases and still need to be addressed during the execution of a search and seizure warrant for digital evidence in South African criminal cases.

Research limitations/implications

Although searches and seizures for digital evidence are relevant to civil, regulatory and criminal investigations, this study focuses on the search and seizure for digital evidence in criminal matters with an emphasis on the provisions of the Criminal Procedure Act 51 of 1977 and the Cybercrimes Act 19 of 2020.

Originality/value

The originality of this paper lies in the procedures followed during the physical search and seizure of digital information during the execution of search and seizure warrants for digital information in South Africa. If the South African Police Service follows the recommended procedures, it will contribute to the success of the South African Police Service, which would result in the improved quality of investigations and successful prosecution of crime in South Africa.

Details

Journal of Financial Crime, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1359-0790

Keywords

Content available
Article
Publication date: 15 December 2017

Sik Kwan Tai and Bing Chan

In 2011, the new Arbitration Ordinance took effect in Hong Kong. This paper aims to discuss the new features on maritime arbitration.

1505

Abstract

Purpose

In 2011, the new Arbitration Ordinance took effect in Hong Kong. This paper aims to discuss the new features on maritime arbitration.

Design/methodology/approach

The relevant provisions of the Arbitration Ordinance 2011 and the legal cases are examined.

Findings

Hong Kong is a first class maritime arbitration centre in the Asia Pacific Region.

Originality/value

This paper is one of the very few general reviews of the maritime arbitration under the Arbitration Ordinance 2011.

Details

Maritime Business Review, vol. 2 no. 4
Type: Research Article
ISSN: 2397-3757

Keywords

Content available
Article
Publication date: 3 July 2017

Cardy Moten, Quinn Kennedy, Jonathan Alt and Peter Nesbitt

Current Army doctrine stresses a need for military leaders to have the capability to make flexible and adaptive decisions based on a future unknown environment, location and…

2192

Abstract

Purpose

Current Army doctrine stresses a need for military leaders to have the capability to make flexible and adaptive decisions based on a future unknown environment, location and enemy. To assess a military decision maker’s ability in this context, this paper aims to modify the Wisconsin Card Sorting Test which assesses cognitive flexibility, into a military relevant map task. Thirty-four military officers from all service branches completed the map task.

Design/methodology/approach

The purpose of this study was to modify a current psychological task that measures cognitive flexibility into a military relevant task that includes the challenge of overcoming experiential bias, and understand underlying causes of individual variability in the decision-making and cognitive flexibility behavior of active duty military officers on this task.

Findings

Results indicated that non-perseverative errors were a strong predictor of cognitive flexibility performance on the map task. Decomposition of non-perseverative error into efficient errors and random errors revealed that participants who did not complete the map task changed their sorting strategy too soon within a series, resulting in a high quantity of random errors.

Originality/value

This study serves as the first step in customizing cognitive psychological tests for a military purpose and understanding why some military participants show poor cognitive flexibility.

Details

Journal of Defense Analytics and Logistics, vol. 1 no. 1
Type: Research Article
ISSN: 2399-6439

Keywords

Content available
Article
Publication date: 8 July 2022

Vania Vidal, Valéria Magalhães Pequeno, Narciso Moura Arruda Júnior and Marco Antonio Casanova

Enterprise knowledge graphs (EKG) in resource description framework (RDF) consolidate and semantically integrate heterogeneous data sources into a comprehensive dataspace…

Abstract

Purpose

Enterprise knowledge graphs (EKG) in resource description framework (RDF) consolidate and semantically integrate heterogeneous data sources into a comprehensive dataspace. However, to make an external relational data source accessible through an EKG, an RDF view of the underlying relational database, called an RDB2RDF view, must be created. The RDB2RDF view should be materialized in situations where live access to the data source is not possible, or the data source imposes restrictions on the type of query forms and the number of results. In this case, a mechanism for maintaining the materialized view data up-to-date is also required. The purpose of this paper is to address the problem of the efficient maintenance of externally materialized RDB2RDF views.

Design/methodology/approach

This paper proposes a formal framework for the incremental maintenance of externally materialized RDB2RDF views, in which the server computes and publishes changesets, indicating the difference between the two states of the view. The EKG system can then download the changesets and synchronize the externally materialized view. The changesets are computed based solely on the update and the source database state and require no access to the content of the view.

Findings

The central result of this paper shows that changesets computed according to the formal framework correctly maintain the externally materialized RDB2RDF view. The experiments indicate that the proposed strategy supports live synchronization of large RDB2RDF views and that the time taken to compute the changesets with the proposed approach was almost three orders of magnitude smaller than partial rematerialization and three orders of magnitude smaller than full rematerialization.

Originality/value

The main idea that differentiates the proposed approach from previous work on incremental view maintenance is to explore the object-preserving property of typical RDB2RDF views so that the solution can deal with views with duplicates. The algorithms for the incremental maintenance of relational views with duplicates published in the literature require querying the materialized view data to precisely compute the changesets. By contrast, the approach proposed in this paper requires no access to view data. This is important when the view is maintained externally, because accessing a remote data source may be too slow.

Details

International Journal of Web Information Systems, vol. 18 no. 5/6
Type: Research Article
ISSN: 1744-0084

Keywords

Content available
Article
Publication date: 7 March 2023

Branislav Dragović, Nenad Zrnić, Ernestos Tzannatos, Nenad Kosanić and Andro Dragović

The paper undertakes a bibliometric analysis and assessment of journal publications in the field of container terminal operations research (CTOR), in an attempt to identify…

Abstract

Purpose

The paper undertakes a bibliometric analysis and assessment of journal publications in the field of container terminal operations research (CTOR), in an attempt to identify high-impact papers (HIPs) published in Science Citation Index/Social Science Citation Index (SCI/SSCI) journals of CTOR subject category from 1973 to 2020.

Design/methodology/approach

A structured approach for identifying the HIPs is developed based on the utilization of bibliometric and network analyses.

Findings

The CTOR papers are assessed in terms of publication outputs, distribution of outputs in SCI/SSCI journals, authorship, institutions and countries, as well as citation life cycles of papers with the highest total citations since their publication until the year 2020. The results show that between 1989 and 2015, there were 82 HIPs in the field of CTOR, which have been cited at least 200 times, with more than 50% of these citations allocated in the second part of paper citation life cycle according to the database of Google Scholar.

Practical implications

The practical implication of the aforementioned reviewing and assessing journal publications of CTOR is that it offers the ability to reveal the tone of its development through addressing main characteristics of the relevant HIPs as determined by the highly cited papers in this field of research.

Originality/value

This paper offers a unique analysis and assessment in the field of CTOR by identifying the relevant HIPs and their associated scientific actors (authors, institutions and countries), thus facilitating the future research effort in the field of CTOR.

Details

Maritime Business Review, vol. 8 no. 3
Type: Research Article
ISSN: 2397-3757

Keywords

Content available
Article
Publication date: 6 October 2021

Helio Takahiro Sinohara and Eduardo Aoun Tannuri

This work analyses autonomous ships' specific needs of external and environmental information in restricted pilotage waters. Harbour pilots use conventional well-tested techniques…

1153

Abstract

Purpose

This work analyses autonomous ships' specific needs of external and environmental information in restricted pilotage waters. Harbour pilots use conventional well-tested techniques when piloting the manned vessel. In this work, the authors propose technological solutions to be installed or adapted in ports to feed the autonomous ships' systems with the information considered relevant by pilots.

Design/methodology/approach

To investigate what pilots consider relevant, the authors submitted a questionnaire to the pilotage of Paranaguá Port. Then the authors presented a case study including the critical areas for the navigation of ships.

Findings

These technological solutions aim to allow vessels reaching critical areas in a position, a time, a speed and a course that compensates the external forces and/or avoid high-risk situations. The authors have proposed technological solutions considering those already available in the ports, particularly in Paranaguá and Antonina in Brazil.

Originality/value

There is little published data on navigation of ships in pilotage waters. So far, there has been little discussion on autonomous ships in restricted waters.

Details

Maritime Business Review, vol. 7 no. 1
Type: Research Article
ISSN: 2397-3757

Keywords

Open Access
Article
Publication date: 3 July 2023

Howard Chitimira

It is important to note that insider trading is currently outlawed under the Securities Act 17 of 2004 (Chapter 24: 25) as amended (Securities Act) in Zimbabwe. This Act…

Abstract

Purpose

It is important to note that insider trading is currently outlawed under the Securities Act 17 of 2004 (Chapter 24: 25) as amended (Securities Act) in Zimbabwe. This Act enumerates some practices that may give rise to insider trading liability in the Zimbabwean financial markets. Nonetheless, numerous challenges, such as the lack of adequate financial resources, the lack of sufficient persons with the relevant skills and expertise on the part of the enforcement authorities, lack of political will, inadequacy of insider trading provisions, poor cooperation and collaboration between the relevant authorities and the ongoing coronavirus (Covid-19) pandemic have negatively impeded the effective regulation and combating of insider trading in Zimbabwe. To this end, the author explores the stated challenges and recommend measures that could be used by regulatory bodies and other relevant enforcement authorities to enhance the regulation and combating of insider trading in the Zimbabwean financial markets. This study aims to enhance the detection and combating of insider trading in Zimbabwe.

Design/methodology/approach

A qualitative research methodology is used through the analysis of relevant legislation and case law.

Findings

It is hoped that the findings and recommendations made in this study will be considered by the Zimbabwean policymakers.

Research limitations/implications

The study does not use empirical research methodology.

Practical implications

The findings and recommendations made in this study could enhance the combating of insider trading activities in Zimbabwe.

Social implications

The study seeks to curb insider trading in the Zimbabwean financial markets and financial institutions in the wake of the covid-19 pandemic-related regulatory and enforcement challenges.

Originality/value

The study provides original research on the regulation and combating of insider trading activities in Zimbabwe.

Details

Journal of Financial Crime, vol. 30 no. 6
Type: Research Article
ISSN: 1359-0790

Keywords

Content available
Article
Publication date: 1 March 2006

Maria Minniti

Recent studies have shown that the contribution of small firms to employment and GDP is increasing. A large amount of work has also established the significance of social and…

1121

Abstract

Recent studies have shown that the contribution of small firms to employment and GDP is increasing. A large amount of work has also established the significance of social and economic variables for entrepreneurial decisions. Very little is known, however, about how government policies and programs influence entrepreneurial activity, and whether these effects are consistent across countries. Using original data from a representative sample of 10,000 individuals and from more than 300 open-ended interviews in 10 countries, this article provides some suggestive evidence that government intervention aimed at enhancing the underlying environment of entrepreneurial decisions may be more effective than intervention designed to provide safety nets.

Details

New England Journal of Entrepreneurship, vol. 9 no. 1
Type: Research Article
ISSN: 2574-8904

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