Business and Economics of Port Management: An Insider’s Perspective, 1st Edition (Paperback) book cover

Business and Economics of Port Management

An Insider’s Perspective, 1st Edition

By Wei Yim Yap


464 pages | 159 B/W Illus.

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pub: 2020-07-01
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Business and Economics of Port Management is a comprehensive but concise textbook for insights into the workings of port industry from the business and economics perspectives.

The book examines port management from various entities which includes the government, port operator, shipping line, logistics companies and other port service providers. It provides in-depth discussions on strategic issues, challenges and disruptions that are faced by this industry. Given the uniqueness of each port and international nature of the port business, the book comes with useful case studies and lessons from different port regions around the world to enlighten key lessons on challenges and issues faced by port managers, developers and regulators. It also touches upon publicly available information sources to facilitate the decision making process and contribute to better outcomes for the industry, government and the public at large.

Anyone who is approaching the subject matter for the first time will gain utmost understanding of how ports are critical in the global economy and societal well-being.


"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

Table of Contents

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

About the Author

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.

About the Series

Routledge Maritime Masters

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General