Port Economics
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- Economics of Port operations interface the decisions made by Port users and Providers of port services.
Curriculum includes
Unit 1
Introduction
- Theory of Port-Vessel port calls: networks- Vessel port calls: world country and vessel type-Ports and Economic development- Containerization
- world container ports-Port users’ and service providers-Users: Carriers-Users: Shippers and passengers-Service providers-Port in operation-A Container port-A Cruise port-Specific ports in operation.
Unit 2
Carriers, Shippers, Passengers
- Resources-Operating options-Output- cost-Pricing-Carrier demand in port-Ports and ship size-Port choice and shipping lines-Shippers-Business logistics management
- Supply chain management-Shipper demand in port-Port choice and shippers-Port choice and supply chains-Supply chain shipping capacity
- Passengers-Passenger time prices-Transportation demand by ferry passengers-Transportation choice and ferry passengers-Passenger demand in port-Port choice
Unit 3
Port Operating Options, Costs and Prices
- Operating options-Resource utilization and congestion-Production and capacity-Cost
- Costing port throughput-Port output measures-Effectiveness- operating objectives
Unit 4
Port Governance and Performance
- Port Governance-Port privatization-Port governance in practice-Agglomeration-Port and cities-Performance evaluation
- A single port perspective-Performance evaluation: A multi-port perspective-Port Competition- Water pollution-Air pollution.
Unit 5
Port Investment, Finance and Pricing - 10 hrs
- Financial Statements and Ratio measures-Port Costs and costing-Types of Port Costs-Logistics costing-Analysis of Port costs from the perspective of Users
- Economic versus commercial appraisal of port investments-Economic Appraisal-Commercial Appraisal of Port Investments-Project Risks and Risk Analysis
- Port Financing and Private sector participation-Economic benefits of private sector participation-Public
- Private Partnership-Port Pricing-Port Pricing Strategies-Port Pricing practices.