Data Envelopment Analysis of Helsinki-Tallinn Transportation Chains

Hilmola, Olli‐Pekka

doi:10.7307/ptt.v25i6.1196

Cited by 5 publications

(1 citation statement)

References 15 publications

(18 reference statements)

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“…On the other hand, however, Guti errez et al (2014) find higher average technical efficiency for international shipping companies: 86.5 per cent, which is higher than that found in similar studies in the international shipping industry. In addition, these results are considered low compared to findings made by Hilmola (2013), where Baltic Sea shipments showed an average efficiency of 91.5 per cent.…”

Section: Inefficiency In the Maritime Sectorcontrasting

confidence: 60%

Operational efficiency of shipping companies

Venkadasalam

Mohamad

Sifat

2020

IJOEM

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PurposeThis paper is the first comprehensive investigation of the shipping industry's efficiency in five countries from the ASEAN region: Malaysia, Singapore, the Philippines, Thailand and Vietnam.Design/methodology/approachEmploying Data Envelopment Analysis and Stochastic Frontier Analysis, this paper compares efficiency dynamics of 45 international and offshore shipping providers engaged in fishing and ferrying.FindingsThe results indicate consistently diminishing efficiency from 2011 to 2017, a phenomenon that persists even in the traditionally efficient companies. Thereafter, this paper develops Altman Z-scores for the sampled companies and notice that despite rising inefficiency, most firms remain unencumbered by bankruptcy concerns, especially those with large capital buffers.Research limitations/implicationsIn general, this paper observes a negative relationship between bankruptcy risk and efficiency. Furthermore, the paper notices that reducing inputs does not help boost efficiency.Originality/valueIn terms of novel contributions, this paper is the first (to the best of knowledge) to set a Z-score for the ASEAN-based shipping companies.

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Section: Inefficiency In the Maritime Sectorcontrasting

confidence: 60%

Operational efficiency of shipping companies

Venkadasalam

Mohamad

Sifat

2020

IJOEM

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Transport Modes and Intermodality

Hilmola

2017

Encyclopedia of Maritime and Offshore Engineering

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There is a growing concern and global awareness that transportation sector and transportation chains need to considerably decrease their environmental load. All different parties of transport sector, whether it is consumer or business customer, have used to have short lead times, high delivery precision, and valuable services offered by reasonable or cheap prices. However, most of this comes with cost, and that is increasing the dependency on diesel oil and increasing amount of global CO 2 emissions. In this article, intermodal transport solutions in general are reviewed to illustrate remedies to current situation. Both continental and shorter distance hinterland transportation chains are being reviewed. Special focus is given for railway sector, which plays a key role in the oil independent and CO 2 neutral transportation chains. As this article illustrates, oil supply globally is tight and consumption is increasing in emerging markets, like China and among major oil producers. In addition, in some areas, like Europe Union, domestic oil supply has dramatically declined after early 2000, illustrating case for peak oil theory.

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