Tagawa, Hoshi; Kawasaki, Tomoya; Hanaoka, Shinya - In: Journal of Shipping and Trade (JST) 6 (2021) 1, pp. 1-15
This study examines the conditions that influence the choice between direct shipment and transshipment, focusing on two factors: geographical distance and demand. We develop a two-stage model comprising shipping lines and shippers, and apply it to a virtual maritime network with one origin, two...