Strategic trade-off between vessel delay and schedule recovery: an empirical analysis of container liner shipping
Hamed Hasheminia and
Changmin Jiang
Maritime Policy & Management, 2017, vol. 44, issue 4, 458-473
Abstract:
In this paper, we empirically test the relationship between the delay of containerships and the scheduled operations in a terminal, based on a dataset containing information on 352 containership arrivals during a 9-month period at seven terminals of three North American ports. We find that a vessel is less likely to be delayed when there are more operations scheduled shortly (up to 3 days) after the vessel’s berthing window in the terminal. Moreover, we also find that the more containers a vessel needs to unload in the terminal, the less likely that it would be delayed. Both findings support the hypothesis that liners strategically balance the trade-off between delay cost and schedule recovery cost.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:44:y:2017:i:4:p:458-473
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DOI: 10.1080/03088839.2017.1298867
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