Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy

Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy

The shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008...

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Main Authors: Vladimir Jerebić, Stanislav Pavlin
Format: Article
Language:English
Published: University of Zagreb, Faculty of Transport and Traffic Sciences 2018-04-01
Series:Promet (Zagreb)
Subjects:
container shipping
economy crisis impact
operational strategy changes
consolidation
market forecasts
Online Access:https://traffic.fpz.hr/index.php/PROMTT/article/view/2440
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spelling doaj-f0bb80d58e7c43f0a0e4fcfc367134a22020-11-25T02:18:37ZengUniversity of Zagreb, Faculty of Transport and Traffic SciencesPromet (Zagreb)0353-53201848-40692018-04-0130218719410.7307/ptt.v30i2.24402440Global Economy Crisis and its Impact on Operational Container Carrier’s StrategyVladimir Jerebić0Stanislav Pavlin1PhD Candidate Bukovačka Cesta 282a HR-10000 zagreb, CroatiaPhD. Profesor University of Zagreb Faculty of Transport and Traffic Sciences Vukelićeva 4, 10000 Zagreb, CroatiaThe shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008, but is still much visible within the container industry, particularly through overcapacity and low freight rates. It also deals with major changes of maritime container carrier’s management strategies, development and application of advanced transportation, technological, technical, economical, organizational and commercial measures in order to adapt and cope with new business environment. Finally, an attempt is made to forecast the market, potential difficulties and to propose problem-solving measures.https://traffic.fpz.hr/index.php/PROMTT/article/view/2440container shippingeconomy crisis impactoperational strategy changesconsolidationmarket forecasts
collection DOAJ
language English
format Article
sources DOAJ
author Vladimir Jerebić
Stanislav Pavlin
spellingShingle Vladimir Jerebić
Stanislav Pavlin
Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
Promet (Zagreb)
container shipping
economy crisis impact
operational strategy changes
consolidation
market forecasts
author_facet Vladimir Jerebić
Stanislav Pavlin
author_sort Vladimir Jerebić
title Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
title_short Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
title_full Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
title_fullStr Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
title_full_unstemmed Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy
title_sort global economy crisis and its impact on operational container carrier’s strategy
publisher University of Zagreb, Faculty of Transport and Traffic Sciences
series Promet (Zagreb)
issn 0353-5320
1848-4069
publishDate 2018-04-01
description The shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008, but is still much visible within the container industry, particularly through overcapacity and low freight rates. It also deals with major changes of maritime container carrier’s management strategies, development and application of advanced transportation, technological, technical, economical, organizational and commercial measures in order to adapt and cope with new business environment. Finally, an attempt is made to forecast the market, potential difficulties and to propose problem-solving measures.
topic container shipping
economy crisis impact
operational strategy changes
consolidation
market forecasts
url https://traffic.fpz.hr/index.php/PROMTT/article/view/2440
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AT stanislavpavlin globaleconomycrisisanditsimpactonoperationalcontainercarriersstrategy
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