Alvarez, J Fernando; Longva, Tore; Engebrethsen, Erna S - In: Maritime Economics and Logistics 12 (2010) 4, pp. 327-346
Standard ocean shipping contracts stipulate that a chartered vessel must sail at ‘utmost despatch’, with no consideration for the availability of berths at the destination port. The berthing policies used at many ports, which admit vessels on a first-come, first-served basis, provide an...