1st Edition

Business and Economics of Port Management An Insider’s Perspective

By Wei Yim Yap Copyright 2021
508 Pages 159 B/W Illustrations
by Routledge

508 Pages 159 B/W Illustrations
by Routledge

508 Pages 159 B/W Illustrations
by Routledge

Business and Economics of Port Management is a comprehensive but concise textbook and reference for insights into the workings of port industry from the business and economics perspectives. The book examines port management from various entities which include the government, port operator, shipping line, logistics companies and other port service providers. It provides in-depth discussions on... Read more

Part 1: The port and its unique character 
1. Introduction 
2. Every port is unique 
3. Multifaceted nature of port demand 
4. Long term nature of port supply 
5. Market structure and contestability in the port sector

Part 2: Operation, finance and technology aspects of the port business 
6. Operational and financial performance in the port business 
7. Technology and the port sector 
8. Port safety, security and the human factor 

Part 3: Competition, competitiveness, marketing and customer management in the port industry 
9. Competition in the port industry 
10. Competitiveness and competitive advantage of ports 
11. Port marketing and customer management 

Part 4: Contemporary challenges and concerns regarding port development and sustainability 
12. The port and the city 
13. Port development and financing 
14. The port and the environment 

Part 5: Managing risks and uncertainties, traffic forecast and strategic planning for ports 
15. Managing risks and uncertainties for ports 
16. Developing port traffic forecasts 
17. A port-centric maritime cluster 
18. Strategic planning and port policy 

Part 6: Looking forward to the future 
19. Trends and developments that will challenge the port industry

Biography

Wei Yim Yap is a faculty member of the Singapore University of Social Sciences. He was former head of strategic planning at the Maritime and Port Authority of Singapore and remains actively involved in the port and maritime sector with various government agencies and private sector entities.

"This book is a timely and relevant reference to understanding the essential, topical areas in port planning and management and it comes with rich practical insights. It covers various contemporary business and management issues of port operations and will be a valuable teaching and learning resource for the industry players." ─ Kee-hung Lai (Mike Lai), Professor, Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University and Editor-in-Chief, Journal of Shipping and Trade

"An excellent textbook for students majoring in shipping and maritime practitioners." — Shuaian (Hans) Wang, Associate Professor, Department of Logistics and Maritime Studies, Hong Kong Polytechnic University

"Business and Economics of Port Management is a practical, timely guide from a former policymaker and now one of the world's leading academic scholars in port economics. The book provides a systematic and concise overview of key port management and economics topics and includes useful discussions of how to shape port policy today." ─ T.L. Yip, Associate Professor and Deputy Director, CY Tung International Centre for Maritime Studies at Hong Kong Polytechnic University