Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town

Background: Ports provide vital links in the maritime supply chains on which the trading of countries depend, and their efficiency and performance can contribute largely to the international competitiveness of those countries. However, to achieve and maintain such a contribution, port operators need...

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Main Author: Leila L. Goedhals-Gerber
Format: Article
Language:English
Published: AOSIS 2016-10-01
Series:Journal of Transport and Supply Chain Management
Subjects:
Online Access:https://jtscm.co.za/index.php/jtscm/article/view/249
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spelling doaj-d778ebe3ee194a7ba742664284d060be2020-11-25T00:52:18ZengAOSISJournal of Transport and Supply Chain Management2310-87891995-52352016-10-01101e1e910.4102/jtscm.v10i1.249156Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape TownLeila L. Goedhals-Gerber0Department of Logistics, Stellenbosch UniversityBackground: Ports provide vital links in the maritime supply chains on which the trading of countries depend, and their efficiency and performance can contribute largely to the international competitiveness of those countries. However, to achieve and maintain such a contribution, port operators need to understand their role in a national economy and the factors that underlie the efficiency of the intermodal link that ports constitute in international supply chains. One such factor is the capacity of specialised cargo terminals. Objectives: This article described a possible technique for forecasting the throughput of grain imports through the bulk grain terminal at the Port of Cape Town. It determined whether the capacity in the bulk grain terminal is sufficient to handle current and forecasted volumes of imported grains or whether the volumes justify expansion or upgrading of the bulk grain terminal in the Port of Cape Town. Method: The Box–Jenkins methodology for autoregressive integrated moving average (ARIMA) models was applied. An ARIMA model – 2 parameter, 1 difference – was selected to do the forecast. Results: The average tonnage of all grains imported through the Port of Cape Town that can be expected in a month is approximately 90 000 tons. The maximum tonnage of all grains imported through the Port of Cape Town that can be expected in a month is approximately 180 000 tons. Conclusion: The analyses show that the demand for imports of grain products at the multipurpose terminal in the Port of Cape Town is not growing substantially. The analyses also identify that the current upper limits of grain imports are within the existing handling and storage capacities of the bulk grain terminal.https://jtscm.co.za/index.php/jtscm/article/view/249forecastinggrainsmultipurpose terminalport of Cape Town
collection DOAJ
language English
format Article
sources DOAJ
author Leila L. Goedhals-Gerber
spellingShingle Leila L. Goedhals-Gerber
Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
Journal of Transport and Supply Chain Management
forecasting
grains
multipurpose terminal
port of Cape Town
author_facet Leila L. Goedhals-Gerber
author_sort Leila L. Goedhals-Gerber
title Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
title_short Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
title_full Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
title_fullStr Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
title_full_unstemmed Predicting the throughput of grain products at the multipurpose terminal at the Port of Cape Town
title_sort predicting the throughput of grain products at the multipurpose terminal at the port of cape town
publisher AOSIS
series Journal of Transport and Supply Chain Management
issn 2310-8789
1995-5235
publishDate 2016-10-01
description Background: Ports provide vital links in the maritime supply chains on which the trading of countries depend, and their efficiency and performance can contribute largely to the international competitiveness of those countries. However, to achieve and maintain such a contribution, port operators need to understand their role in a national economy and the factors that underlie the efficiency of the intermodal link that ports constitute in international supply chains. One such factor is the capacity of specialised cargo terminals. Objectives: This article described a possible technique for forecasting the throughput of grain imports through the bulk grain terminal at the Port of Cape Town. It determined whether the capacity in the bulk grain terminal is sufficient to handle current and forecasted volumes of imported grains or whether the volumes justify expansion or upgrading of the bulk grain terminal in the Port of Cape Town. Method: The Box–Jenkins methodology for autoregressive integrated moving average (ARIMA) models was applied. An ARIMA model – 2 parameter, 1 difference – was selected to do the forecast. Results: The average tonnage of all grains imported through the Port of Cape Town that can be expected in a month is approximately 90 000 tons. The maximum tonnage of all grains imported through the Port of Cape Town that can be expected in a month is approximately 180 000 tons. Conclusion: The analyses show that the demand for imports of grain products at the multipurpose terminal in the Port of Cape Town is not growing substantially. The analyses also identify that the current upper limits of grain imports are within the existing handling and storage capacities of the bulk grain terminal.
topic forecasting
grains
multipurpose terminal
port of Cape Town
url https://jtscm.co.za/index.php/jtscm/article/view/249
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