Ship-owners’ decisions to outsource vessel management
نویسندگان
چکیده
Shipping companies frequently outsource the management of their vessels. In this paper, we use data from Lloyd’s Register Fairplay (2009) on 45,456 vessels belonging to 9,580 different shipowners to investigate the extent of outsourcing in shipping and to identify key factors affecting the likelihood of outsourcing. The results of our econometric analysis indicate that ship-owners’ decisions to outsource are explained by the characteristics of the vessels in question (age, type, size) and the characteristics of the ship-owner (country of domiciliation, number of vessels). In addition, a specific country effect is identified for Greek ship-owners, which is in line with the findings of previous studies.
منابع مشابه
Evaluation of Moonpool Effects on Hydrodynamic Resistance of a Supply Vessel, Using Experimental and Numerical Methods
Moonpool is an opening in the floor or base of a hull ship which can be used to lower tools and vehicles into the sea in a protected area. In this paper, the effect of a rectangular cross section moonpool on the resistance force of a supply vessel was investigated both by experimental and numerical methods. For both methods a 1:37.2 scale of Caspian3 surface vessel was used. Experiments were ca...
متن کاملControl of Hybrid Ship Drive Systems
Stricter regulations on emissions force ship owners and designers to come up with new solutions for ship propulsion systems. Hybrid drive systems consisting of prime movers and batteries, like in the Toyota Prius, show great potential, especially in special ships like harbour tugs. Economic and environmental performance of such systems strongly depends on the way it is controlled. Dynamic compu...
متن کاملAntecedents of Decisions to Outsource Production: A Manufacturing Strategy Perspective
We examine how key attributes of a business unit’s manufacturing strategy affected its plans to outsource manufacturing resources in the late 1990’s; a time when the outsourcing of production was at the forefront of manufacturing strategy. Drawing upon theory, we test a hierarchical regression model that includes the traditional transaction cost variables as well as operationsbased competitive ...
متن کاملCooperative network flow problem with pricing decisions and allocation of benefits: A game theory approach
Several real problems in telecommunication, transportation, and distribution industries can be well analyzed by network flow models. In revenue management, pricing plays a primary role which increases the profit generated from a limited supply of assets. Pricing decision directly affects the amount of service or product demand. Hence, in traditional maximum flow problem, we assume that the dema...
متن کاملRemote Diagnostic Services – always on board
Even though the crew is offered training on such systems, there will be situations where expert assistance is required. RDS reduces the need for such experts to travel to the vessel by providing remote access to the installed diagnostics and control systems. RDS aims to offer a service to ship owners and operators that will reduce the repair time of installations, hence improving the availabili...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2016