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With the competitive nature of the liner shipping industry, the transshipment hub port selection process has become complicated with numerous decision-making criteria that need to be considered, and competition between hub ports has accelerated across different regions. The emergence of...
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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...
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Hub-and-spoke (HS) networks are cost-effective because they allow the realization of economies of density. However, the cost of point-to-point (PP) networks may be lower than that of HS networks when certain conditions, such as cargo demand, bunker price, vessel size, and the shippers’ value...
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