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Full-Text Articles in Transportation and Mobility Management

Bargaining Inefficiency Due To Mispricing Under Incomplete Information : Evidence From The Bilateral Oligopolistic Containership Time Charter Market, Jaeung Cha Jan 2026

Bargaining Inefficiency Due To Mispricing Under Incomplete Information : Evidence From The Bilateral Oligopolistic Containership Time Charter Market, Jaeung Cha

World Maritime University Ph.D. Dissertations

A well-established body of bargaining studies theoretically demonstrates that inherent limitations in observing the counterplayer’s private information give rise to an incomplete information setting in bargaining, leading to efficiency losses associated with mispricing, costly delays, and even bargaining failures. As the shipping market, a business-to-business market in which products are generally heterogeneous and the number of both sellers and buyers is limited by high entry/exit barriers, relies on a bargaining mechanism to determine tailored transaction prices, market pricing is prone to inefficiencies associated with incomplete information. However, the relevant empirical evidence remains underexplored in both the shipping finance and bargaining …


Analysis Of Safety Investment : Economic Benefit In Arctic Shipping To Shipping Companies And The Arctic Coastal States, Junjie Wan Jan 2025

Analysis Of Safety Investment : Economic Benefit In Arctic Shipping To Shipping Companies And The Arctic Coastal States, Junjie Wan

World Maritime University Ph.D. Dissertations

Global warming severely affects the Arctic region, including ice coverage and thickness. In contrast, it allows unprecedented navigation opportunities for more extended periods each year, attracting maritime stakeholders because of the potential distance reduction compared to shipping corridor routes. However, mitigating Arctic navigation hazards requires safety investments, especially from shipowners and Arctic coastal states. When allocating limited resources to safety, decision-makers should efficiently prioritize their investments. This research aims to determine how to optimize shipping companies and Arctic coastal states’ safety investments. It begins with a comprehensive analysis of safety investments and safety economic benefits in Arctic shipping. Then, an …


Investigating Inland Waterway Transport Through A Sustainable Development Perspective: A Case Study Of Magdalena River (Colombia), Natalia Calderón-Rivera Jan 2024

Investigating Inland Waterway Transport Through A Sustainable Development Perspective: A Case Study Of Magdalena River (Colombia), Natalia Calderón-Rivera

World Maritime University Ph.D. Dissertations

The development of transport systems significantly influences economies, growth, and welfare of populations. However, these systems can have negative consequences, such as water and air pollution, traffic congestion, noise, and biodiversity loss. To address these challenges, it is essential to implement strategies that mitigate negative effects while improving the environmental, social, and economic conditions of the population. In this regard, inland water transport (IWT) is globally recognized as a more sustainable transport alternative due to its high cargo load capacities and comparatively lower environmental and social impacts. In Colombia, the Magdalena River – the country’s most important river basin – …


Policy Innovation As The Cornerstone Of Energy Transition: An Analysis Of Energy Policy In The Shipping Economy And Operations, Peyman Ghaforian Masodzadeh Jan 2023

Policy Innovation As The Cornerstone Of Energy Transition: An Analysis Of Energy Policy In The Shipping Economy And Operations, Peyman Ghaforian Masodzadeh

World Maritime University Ph.D. Dissertations

Despite being excluded from most climate change treaties, the maritime sector is expected to manage and reduce carbon emissions in line with global decarbonization goals. Although the IMO's effort has been evident by the adoption of energy regulations and the GHG strategy during the past decade, however, the effectiveness and adequacy of the adopted energy policy remain questionable. This thesis aims to identify problems associated with energy policy in the shipping industry and propose appropriate solutions. Initially, this study was premised on the hypothesis that “energy policy in the shipping industry involves problems associated with policy design, policy implementation, and …


The Sustainability Of Integrated Cruise Ship Sanitation And Wastewater Management Systems : A Contribution To Circular Economy Strategies In The Baltic Region, Jenette Tifuh Mujingni Jan 2021

The Sustainability Of Integrated Cruise Ship Sanitation And Wastewater Management Systems : A Contribution To Circular Economy Strategies In The Baltic Region, Jenette Tifuh Mujingni

World Maritime University Ph.D. Dissertations

The implementation of sustainable sanitation and wastewater management strategies has been recognized as one of the most important strategies for mitigating wastewater-sourced nutrient environmental pollution, and a central contributor to the United Nations Sustainable Development Goals (UNSDGs). This study suggests that, by closing the nutrient loop through the implementation of Circular Economy principles in the management of cruise ship sanitary wastewater and enhancing the resource efficiency of the IGFS, the cruise industry could support the agricultural sector through the supply of more sustainable organic nutrients for farming with the overall goal of rendering both activities “green”, and mitigating the effect …