EconPapers    
Economics at your fingertips  
 

Calculation of the freight revenues in Turkey-focused maritime transportation

Sercan Erol

Maritime Policy & Management, 2017, vol. 44, issue 7, 815-824

Abstract: The Central Bank of the Turkish Republic (TCMB) in Turkey has announced the data of freight revenues. The data that have been announced depends on the information obtained from the port customs and compiled by the Turkish Statistical Institute (TUIK). Because of the distinctive structure of the freight market, certain requisite generalizations and projections are used for data calculation. Accordingly, calculations that depend on generalizations and predictions are likely to weaken the effectiveness of the decisions already made or going to be made. The aim of this study is to calculate more realistically the real freight revenues of ships that have carried out loading or discharging operations in Turkish ports. In accordance with this purpose, the volume of freight revenues and their distribution between Turkish and foreign flagged ships is calculated. A Microsoft SQL-based algorithm is developed in order to do the calculation. Within the scope of the study, the total fright revenue of Turkey-oriented shipping industry is calculated to be USD 5.8 billion. Proportionately, 79.53% of the revenue belongs to foreign flagged ships, 12.70% of it belongs to foreign flagged ships with Turkish owners, and only 7.78% of it belongs to Turkish flagged ships.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/03088839.2017.1333167 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:44:y:2017:i:7:p:815-824

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TMPM20

Access Statistics for this article

Maritime Policy & Management is currently edited by Dr Kevin Li and Heather Leggate McLaughlin

More articles in Maritime Policy & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2018-08-11
Handle: RePEc:taf:marpmg:v:44:y:2017:i:7:p:815-824