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Τίτλος: Supply chain integration of shipping companies
Συγγραφείς: Panayides, Photis 
Wiedmer, Robert 
Andreou, Panayiotis 
Louca, Christodoulos 
Major Field of Science: Social Sciences
Field Category: Economics and Business
Ημερομηνία Έκδοσης: Σεπ-2012
Πηγή: Maritime logistics: A complete guide to effective shipping and port management, 2012, pp.101-124
Start page: 101
End page: 124
Περίληψη: Integration and consolidation have characterized the container shipping industry primarily as a means to gain economies of scale and cost efficiencies. In previous years, liner companies invested in increasing vessel capacities in order to maintain profit margins. Considering the large investments in container vessels, only a high utilization of the companies’ assets guarantees profitability. Consequently, the slump in maritime trade affects the profitability of liner shipping companies. Vessel capacity provides only one possibility for competitiveness. Possible ways to elude this situation are to minimize investments in capital-intensive vessels or to avoid a high dependency on liner services by diversification of a company’s service portfolio and the integration of logistics services, respectively. Vertical integration is characterizing the modern transport industry, as transport businesses are gearing up towards global logistics services based on the principle of the ‘one-stop-shop.’ In order to accomplish this goal, it is necessary to integrate port, hinterland transportation, and logistics management services. It follows that strategic aspects of vertical integration are of significant importance in the contemporary shipping industry. The aim of this chapter is to theoretically explain the importance of vertical integration in the supply chain by maritime companies and to investigate the performance outcomes of integration through an empirical investigation between supply chain integration and firm value.
URI: https://hdl.handle.net/20.500.14279/26238
ISBN: 9780749463694
Rights: Kogan Page
Attribution-NonCommercial-NoDerivatives 4.0 International
Type: Book Chapter
Affiliation: Cyprus University of Technology 
Publication Type: Peer Reviewed
Εμφανίζεται στις συλλογές:Κεφάλαια βιβλίων/Book chapters

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