IMPACT STUDY ON INTRODUCTION OF POST-PANAMAX CONTAINER CARGO VESSEL TO THE ASIAN-PACIFIC-EUROPEAN MARITIME TRANSPORT MARKET

Abstract

This study aims to analyze the impact of the introduction of the Post-Panamax container cargo vessel to the international maritime transport market. In the developed model the perfectly deregulated market is assumed and the market is consisted in two participants; the liner ship companies and shippers. Applying the developed model to the 2010 Asian-Pacific-European maritime transport market, the impact of the introduction of the Post-Panamax vessel is forecasted. Thorough the numerical computation, the introduction of Post-Panamax vessel leads the service route network to the hub and spokes shaped transport network. And through some scenario studies, the impact of each port management policy is discussed.