Rhbw131540
C. Barnhart and G. Laporte (Eds.), Handbook in OR & MS, Vol. 14 Copyright © 2007 Elsevier B.V. All rights reserved DOI: 10.1016/S0927-0507(06)14004-9
Chapter 4
Maritime Transportation
Marielle Christiansen
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway Department of Applied Economics and Operations Research, SINTEF Technology and Society, Trondheim, Norway E-mail: Marielle.Christiansen@iot.ntnu.no
Kjetil Fagerholt
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway Department of Marine Technology, Norwegian University of Science and Technology, Trondheim, Norway Norwegian Marine Technology Research Institute (MARINTEK), Trondheim, Norway E-mail: Kjetil.Fagerholt@iot.ntnu.no
Bjørn Nygreen
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway E-mail: Bjorn.Nygreen@iot.ntnu.no
David Ronen
College of Business Administration, University of Missouri-St. Louis, St. Louis, MO, USA E-mail: David.Ronen@umsl.edu
1 Introduction Maritime transportation is the major conduit of international trade, but the share of its weight borne by sea is hard to come by. The authors have surveyed the academic members of the International Association of Maritime Economists and their estimates of that elusive statistic range from 65% to 85%. Population growth, increasing standard of living, rapid industrialization, exhaustion of local resources, road congestion, and elimination of trade barriers, all of these contribute to the continuing growth in maritime transportation. In countries with long shorelines or navigable rivers, or in countries consisting of multiple islands, water transportation may play a significant role also in domestic trades, e.g., Greece, Indonesia, Japan, Norway, Philippines, and USA. Table 1 demonstrates the growth in
Chapter 4
Maritime Transportation
Marielle Christiansen
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway Department of Applied Economics and Operations Research, SINTEF Technology and Society, Trondheim, Norway E-mail: Marielle.Christiansen@iot.ntnu.no
Kjetil Fagerholt
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway Department of Marine Technology, Norwegian University of Science and Technology, Trondheim, Norway Norwegian Marine Technology Research Institute (MARINTEK), Trondheim, Norway E-mail: Kjetil.Fagerholt@iot.ntnu.no
Bjørn Nygreen
Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, Trondheim, Norway E-mail: Bjorn.Nygreen@iot.ntnu.no
David Ronen
College of Business Administration, University of Missouri-St. Louis, St. Louis, MO, USA E-mail: David.Ronen@umsl.edu
1 Introduction Maritime transportation is the major conduit of international trade, but the share of its weight borne by sea is hard to come by. The authors have surveyed the academic members of the International Association of Maritime Economists and their estimates of that elusive statistic range from 65% to 85%. Population growth, increasing standard of living, rapid industrialization, exhaustion of local resources, road congestion, and elimination of trade barriers, all of these contribute to the continuing growth in maritime transportation. In countries with long shorelines or navigable rivers, or in countries consisting of multiple islands, water transportation may play a significant role also in domestic trades, e.g., Greece, Indonesia, Japan, Norway, Philippines, and USA. Table 1 demonstrates the growth in