Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow
Most share of the Asia-Europe containerized traffic passes through the Suez Canal. The changing fundamental market forces and the influence of climate change initiated the necessity to analyze the alternative passages' commercial viability. Technical specifics of routes contribute to the overal...
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ftdoajarticles:oai:doaj.org/article:2d75cbccf9e0452aa74b11faca859de5 2023-05-15T17:43:49+02:00 Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow Luka Vukić María del Mar Cerbán 2022-01-01T00:00:00Z https://doi.org/10.1016/j.martra.2022.100070 https://doaj.org/article/2d75cbccf9e0452aa74b11faca859de5 EN eng Elsevier http://www.sciencedirect.com/science/article/pii/S2666822X2200020X https://doaj.org/toc/2666-822X 2666-822X doi:10.1016/j.martra.2022.100070 https://doaj.org/article/2d75cbccf9e0452aa74b11faca859de5 Maritime Transport Research, Vol 3, Iss , Pp 100070- (2022) Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling Shipment of goods. Delivery of goods HF5761-5780 article 2022 ftdoajarticles https://doi.org/10.1016/j.martra.2022.100070 2022-12-30T19:36:11Z Most share of the Asia-Europe containerized traffic passes through the Suez Canal. The changing fundamental market forces and the influence of climate change initiated the necessity to analyze the alternative passages' commercial viability. Technical specifics of routes contribute to the overall attractiveness and cost competitiveness. This paper verifies the economic and environmental feasibility of a container loop Vladivostok-Bremerhaven along three shipping routes, including the traditional Suez Canal transit and the alternative voyages via the Northern Sea Route and Cape of Good Hope. By applying mathematic modeling, the shipping and external cost components were quantified based on the most reliable data sources and ship operational data to determine the profitability of a singular container route. Despite having high potential, especially in the shorter route length context, the Northern Sea Route was less competitive than the conventional Suez transit. The results show higher profitability for the voyage through the Suez Canal concerning alternative shipping routes besides the lower fuel price case when the Cape of Good Hope route becomes viable. In addition, the research findings highlight the impact of sustainability with external costs involved in cost calculation and the importance of implementing mechanisms to reduce environmental damage in shipping. Article in Journal/Newspaper Northern Sea Route Directory of Open Access Journals: DOAJ Articles Maritime Transport Research 3 100070 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling Shipment of goods. Delivery of goods HF5761-5780 |
spellingShingle |
Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling Shipment of goods. Delivery of goods HF5761-5780 Luka Vukić María del Mar Cerbán Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
topic_facet |
Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling Shipment of goods. Delivery of goods HF5761-5780 |
description |
Most share of the Asia-Europe containerized traffic passes through the Suez Canal. The changing fundamental market forces and the influence of climate change initiated the necessity to analyze the alternative passages' commercial viability. Technical specifics of routes contribute to the overall attractiveness and cost competitiveness. This paper verifies the economic and environmental feasibility of a container loop Vladivostok-Bremerhaven along three shipping routes, including the traditional Suez Canal transit and the alternative voyages via the Northern Sea Route and Cape of Good Hope. By applying mathematic modeling, the shipping and external cost components were quantified based on the most reliable data sources and ship operational data to determine the profitability of a singular container route. Despite having high potential, especially in the shorter route length context, the Northern Sea Route was less competitive than the conventional Suez transit. The results show higher profitability for the voyage through the Suez Canal concerning alternative shipping routes besides the lower fuel price case when the Cape of Good Hope route becomes viable. In addition, the research findings highlight the impact of sustainability with external costs involved in cost calculation and the importance of implementing mechanisms to reduce environmental damage in shipping. |
format |
Article in Journal/Newspaper |
author |
Luka Vukić María del Mar Cerbán |
author_facet |
Luka Vukić María del Mar Cerbán |
author_sort |
Luka Vukić |
title |
Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
title_short |
Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
title_full |
Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
title_fullStr |
Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
title_full_unstemmed |
Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow |
title_sort |
economic and environmental competitiveness of container shipping on alternative maritime routes in the asia-europe trade flow |
publisher |
Elsevier |
publishDate |
2022 |
url |
https://doi.org/10.1016/j.martra.2022.100070 https://doaj.org/article/2d75cbccf9e0452aa74b11faca859de5 |
genre |
Northern Sea Route |
genre_facet |
Northern Sea Route |
op_source |
Maritime Transport Research, Vol 3, Iss , Pp 100070- (2022) |
op_relation |
http://www.sciencedirect.com/science/article/pii/S2666822X2200020X https://doaj.org/toc/2666-822X 2666-822X doi:10.1016/j.martra.2022.100070 https://doaj.org/article/2d75cbccf9e0452aa74b11faca859de5 |
op_doi |
https://doi.org/10.1016/j.martra.2022.100070 |
container_title |
Maritime Transport Research |
container_volume |
3 |
container_start_page |
100070 |
_version_ |
1766145981106094080 |