Port Economics is the study of the economic decisions (and their consequences) of the users and providers of port services. A port works as an "engine" for economic development. This book provides a detailed discussion of port freight service users, such as freight water and land carriers, that have their ships and vehicles serviced and their cargoes unloaded by ports, as well as passenger services such as ferry carriers which are serviced by ferry passenger ports.
This text continues to enhance our understanding of port economics by exploring the economic theories, supply and demand curves, and the actual and opportunity costs relating to the carriers, shippers and passengers who use ports.
This new edition has been updated throughout. This includes:
An expanded discussion of container, break-bulk, dry-bulk, liquid-bulk and neo-bulk ports;
An introduction of port service chains, hinterland transport chains, maritime transport chains and port multi-service congestion;
A discussion of seaborne trade, dry ports, port centrality and connectivity and free trade zones.
This updated and comprehensive introduction to port economics will be of benefit to students and researchers in their study of port economics and management. It is also of great importance to professionals who manage and operate ports as well as freight and passenger carriers.
Wayne K. Talley is Professor of Maritime and Supply Chain Management, the Frederick W. Beazley Professor of Economics, Eminent Scholar and Executive Director of the Maritime Institute at Old Dominion University, Norfolk, Virginia, U.S.A.
Chapter 1: Introduction Chapter 2: Cargo Ports: Operations Chapter 3: Port Freight Service Users: Carriers Chapter 4: Port Freight Service Users: Shippers Chapter 5: Passenger Ports and Users Chapter 6: Port Efficiency Chapter 7: Port Effectiveness, Performance Evaluation and Investment Chapter 8: Port Competition, Pricing and Cases Chapter 9: Port Service Chains Chapter 10: Hinterland Transport Chains Chapter 11: Maritime Transport Chains Chapter 12: Port Governance, Privatization, Concessions and Public-Private Partnerships Chapter 13: Port Security and Safety Chapter 14: Ports and the Environment Chapter 15: Port Dockworkers Chapter 16: Smart Capabilities: Ports, Ships, Cargo and Shipping Routes