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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Online Access: | http://hdl.handle.net/10498/28061 https://doi.org/10.1016/j.martra.2022.100070 |
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ftunivcadiz:oai:rodin.uca.es:10498/28061 2023-05-15T17:43:49+02:00 Economic and environmental competitiveness of container shipping on alternative maritime routes in the Asia-Europe trade flow Vukić, Luka Cerbán Jiménez, María del Mar Economía General 2023-03-08T10:49:20Z application/pdf http://hdl.handle.net/10498/28061 https://doi.org/10.1016/j.martra.2022.100070 eng eng ELSEVIER 2666-822X http://hdl.handle.net/10498/28061 doi:10.1016/j.martra.2022.100070 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Maritime Transport Research, Vol. 3 Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling info:eu-repo/semantics/article 2023 ftunivcadiz https://doi.org/10.1016/j.martra.2022.100070 2023-03-15T00:21:22Z 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. © 2022 Article in Journal/Newspaper Northern Sea Route RODIN - Repositorio de Objetos de Docencia e Investigación de la Universidad de Cádiz Maritime Transport Research 3 100070 |
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RODIN - Repositorio de Objetos de Docencia e Investigación de la Universidad de Cádiz |
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ftunivcadiz |
language |
English |
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Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling |
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Container transport Asia-Europe Alternative routes Competitiveness Mathematic modeling Vukić, Luka Cerbán Jiménez, María del Mar 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 |
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. © 2022 |
author2 |
Economía General |
format |
Article in Journal/Newspaper |
author |
Vukić, Luka Cerbán Jiménez, María del Mar |
author_facet |
Vukić, Luka Cerbán Jiménez, María del Mar |
author_sort |
Vukić, Luka |
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 |
2023 |
url |
http://hdl.handle.net/10498/28061 https://doi.org/10.1016/j.martra.2022.100070 |
genre |
Northern Sea Route |
genre_facet |
Northern Sea Route |
op_source |
Maritime Transport Research, Vol. 3 |
op_relation |
2666-822X http://hdl.handle.net/10498/28061 doi:10.1016/j.martra.2022.100070 |
op_rights |
Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/10.1016/j.martra.2022.100070 |
container_title |
Maritime Transport Research |
container_volume |
3 |
container_start_page |
100070 |
_version_ |
1766145979025719296 |