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Emission Control under Private Port Operator Duopoly

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journal contribution
posted on 25.06.2018 by Hyosoo (Kevin) Park, Young-Tae Chang, Bo Zou
Recent trends in regulating maritime vessel emissions have negative effects on the competitiveness of many ports as regulations increase costs for shipping operators calling the ports. This paper develops analytical models to examine the emission standards set by governments for ports in their jurisdictions. Given the emission standards set by governments, which affects fuel cost experienced by shipping operators, ports determine charges for shipping operators. Unilateral, bilateral, and single-country regulation cases are investigated. Specifically, our analysis focuses on how increase in the maximum reservation price of shipping operators, port capacity, and environmental damage costs of ports affect optimal emission standards.

Funding

Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-53956-01)

History

Citation

Park, H., Chang, Y. T. and Zou, B. Emission control under private port operator duopoly. Transportation Research Part E: Logistics and Transportation Review. 2018. 114: 40-65. 10.1016/j.tre.2018.03.010

Publisher

Elsevier

Language

en_US

issn

1366-5545

Issue date

01/06/2018

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