Issue |
SHS Web Conf.
Volume 58, 2018
GLOBMAR 2018 - Global Maritime Conference
|
|
---|---|---|
Article Number | 01005 | |
Number of page(s) | 6 | |
DOI | https://doi.org/10.1051/shsconf/20185801005 | |
Published online | 03 December 2018 |
Analysis of the market concentration of the container shipping markets – selected issues
Department of Logistics and Transports Systems, Gdynia Maritime University, 81-222 Gdynia, Poland
The value of maritime freight transport grows yearly both in terms of value and quantity. The dynamic development of container shipping is responsible for this state of affairs. The maritime container transport market is strongly integrated on the supply side. The aim of this paper is to determine, based on empirical data, whether the market is still competitive for its participants on the supply side. For this purpose, the 2 indicators of concentration were calculated, namely CRx-concentration for 4 operators with the largest market share, and Herfindahl-Hirshmann Index for TOP 10 and TOP 20 operators, based on AXS Alphaliner TOP100 and various issues of UNCTAD Review of Maritime Transport. The results of the calculations indicate that the market is still competitive, although it is heading towards a direction in which several large entities will dictate the conditions to other participants.
Key words: Herfindahl-Hirshmann Index / Maritime container shipping market / Competitiveness / Concentration
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.