Spatial variation of travel time uncertainty in container shipping
Container shipping plays an important role in economic development by providing services for unitized cargos on fixed ocean trading routes between destinations. The transit time, as well as freight cost, presents temporal and monetary costs in the global trade system. Given the fixed routing charact...
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Формат: | Journal Article |
Язык: | English |
Опубликовано: |
2021
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Online-ссылка: | https://hdl.handle.net/10356/148887 |
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author | Jia, Haiying Lam, Jasmine Siu Lee Tran, Nguyen Khoi |
author2 | School of Civil and Environmental Engineering |
author_facet | School of Civil and Environmental Engineering Jia, Haiying Lam, Jasmine Siu Lee Tran, Nguyen Khoi |
author_sort | Jia, Haiying |
collection | NTU |
description | Container shipping plays an important role in economic development by providing services for unitized cargos on fixed ocean trading routes between destinations. The transit time, as well as freight cost, presents temporal and monetary costs in the global trade system. Given the fixed routing characteristic in container shipping, a study on the reliability of travel times is crucial to understand the dynamics on temporal cost in major international trades. This research investigates empirically whether there exist spatial differences in international container shipping routes by employing actual shipment data for a fleet of over 600 container vessels extracted from the Automatic Identification System (AIS). The results show that the geographic distribution of the routes have significant impact on travel time uncertainty and hence there is clear variation across international trade routes. Sailing route security, infrastructure and trade volumes in the routes are likely the underlying explanations. This research contributes to the literature in two folds. We pioneer in modelling the micro-level container invisible trade cost by computing the service uncertainty. This also provides insight of the temporal cost of international container cargo trade in terms timing reliability and its dynamic structures. |
first_indexed | 2024-10-01T03:44:49Z |
format | Journal Article |
id | ntu-10356/148887 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T03:44:49Z |
publishDate | 2021 |
record_format | dspace |
spelling | ntu-10356/1488872021-07-28T06:29:13Z Spatial variation of travel time uncertainty in container shipping Jia, Haiying Lam, Jasmine Siu Lee Tran, Nguyen Khoi School of Civil and Environmental Engineering Engineering::Civil engineering Transportation Cost Container Container shipping plays an important role in economic development by providing services for unitized cargos on fixed ocean trading routes between destinations. The transit time, as well as freight cost, presents temporal and monetary costs in the global trade system. Given the fixed routing characteristic in container shipping, a study on the reliability of travel times is crucial to understand the dynamics on temporal cost in major international trades. This research investigates empirically whether there exist spatial differences in international container shipping routes by employing actual shipment data for a fleet of over 600 container vessels extracted from the Automatic Identification System (AIS). The results show that the geographic distribution of the routes have significant impact on travel time uncertainty and hence there is clear variation across international trade routes. Sailing route security, infrastructure and trade volumes in the routes are likely the underlying explanations. This research contributes to the literature in two folds. We pioneer in modelling the micro-level container invisible trade cost by computing the service uncertainty. This also provides insight of the temporal cost of international container cargo trade in terms timing reliability and its dynamic structures. Published version This research is funded by the Research Council of Norway under the project ‘Real Energy Efficiency and Emissions in the Seaway’, project no. 255672/O80 2021-07-28T06:29:13Z 2021-07-28T06:29:13Z 2020 Journal Article Jia, H., Lam, J. S. L. & Tran, N. K. (2020). Spatial variation of travel time uncertainty in container shipping. Transportation Research Procedia, 48, 1740-1749. https://dx.doi.org/10.1016/j.trpro.2020.08.210 2352-1465 https://hdl.handle.net/10356/148887 10.1016/j.trpro.2020.08.210 2-s2.0-85092130691 48 1740 1749 en Transportation Research Procedia © 2020 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/) application/pdf |
spellingShingle | Engineering::Civil engineering Transportation Cost Container Jia, Haiying Lam, Jasmine Siu Lee Tran, Nguyen Khoi Spatial variation of travel time uncertainty in container shipping |
title | Spatial variation of travel time uncertainty in container shipping |
title_full | Spatial variation of travel time uncertainty in container shipping |
title_fullStr | Spatial variation of travel time uncertainty in container shipping |
title_full_unstemmed | Spatial variation of travel time uncertainty in container shipping |
title_short | Spatial variation of travel time uncertainty in container shipping |
title_sort | spatial variation of travel time uncertainty in container shipping |
topic | Engineering::Civil engineering Transportation Cost Container |
url | https://hdl.handle.net/10356/148887 |
work_keys_str_mv | AT jiahaiying spatialvariationoftraveltimeuncertaintyincontainershipping AT lamjasminesiulee spatialvariationoftraveltimeuncertaintyincontainershipping AT trannguyenkhoi spatialvariationoftraveltimeuncertaintyincontainershipping |