Nowadays, global trade flows are characterized by new economic trends and changes in the trading composition, the launch of mega-vessels, together with the new role of the Countries involved, are defining a new global geography for maritime transportation. This paper seeks to understand which...

CO2 emissions from maritime transport represent 3.3% of the world's total CO2 emissions and are forecast to increase by 150%–250% by 2050, due to increased freight volumes (Second IMO GHG study, 2009). Fulfilling anticipated climate requirements (IPCC, 2007) could require the sector to reduce...

Historically, fuel costs have been small compared with the fixed costs of a bulk vessel, its crewing and management. Today, however, fuel accounts for more than 50% of the total costs. In combination with an introduction of stricter energy efficiency requirements for new vessels, this might make...

This paper estimates the effect of piracy attacks on shipping costs using a unique data set on shipping contracts in the dry bulk market. We look at shipping routes whose shortest path exposes them to piracy attacks and find that the increase in attacks in 2008 lead to around a ten percent...

This paper presents new estimates of country-specific international transport costs for 21 OECD countries over the period 1973-2005. The methodology is based on direct measures of air, maritime, and road transport costs rather than on cif/fob ratios or other balance of payments data employed in...

The country's archipelagic configuration requires an efficient maritime transport infrastructure composed of ports and shipping for growth and socioeconomic integration. This paper examines competition policy and the regulatory framework of the port and shipping sectors. It assesses the policies...

In this paper, we study how maritime ferry industries should be regulated. This is a fundamental issue in so far as maritime transport between islands and mainland is a service of general interest. We argue that the policy design crucially depends on the goals the collectivity pursues (pure...

For the contemporary world, the economic relationship between the Russian Federation and the EU countries are more and more anchored in the reality of globalization. In this context, the authors take into consideration a diversification of the cooperation relationship between the Russian...

Sempre più frequentemente si rilevano processi innovativi in tutti i settori del trasporto inclusa l’intermodalità. In particolare, si possono identificare diverse tipologie di innovazioni, siano esse di carattere tecnologico, organizzativo o socio-culturale. Considerando lo stato...

In this paper we analyze the proposal for the creation of a European fund for the compensation of oil pollution damage. We argue that experience from the accident of the Prestige tanker off the Spanish coast in 2002 made it clear that existing international liability and compensation mechanisms...