Business and Economics of Port Management

"This book is a timely and relevant reference to understanding the essential, topical areas in port planning and management and it comes with rich practical insights. It covers various contemporary business and management issues of port operations and will be a valuable teaching and learning resource for the industry players." Kee-hung Lai (Mike Lai), Professor, Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University and Editor-in-Chief, Journal of Shipping and Trade "An excellent textbook for students majoring in shipping and maritime practitioners." Shuaian (Hans) Wang, Associate Professor, Department of Logistics and Maritime Studies, Hong Kong Polytechnic University "Business and Economics of Port Management is a practical, timely guide from a former policymaker and now one of the world's leading academic scholars in port economics. The book provides a systematic and concise overview of key port management and economics topics and includes useful discussions of how to shape port policy today." T.L. Yip, Associate Professor and Deputy Director, CY Tung International Centre for Maritime Studies at Hong Kong Polytechnic University

Wei Yim Yap is a faculty member of the Singapore University of Social Sciences. He was former head of strategic planning at the Maritime and Port Authority of Singapore and remains actively involved in the port and maritime sector with various government agencies and private sector entities.

Part 1: The port and its unique character 1. Introduction 2. Every port is unique 3. Multifaceted nature of port demand 4. Long-term nature of port supply 5. Market structure and contestability in the port sector Part 2: Operation, finance and technology aspects of the port business 6. Operational and financial performance in the port business 7. Technology and the port sector 8. Port safety, security and the human factor Part 3: Competition, competitiveness, marketing and customer management in the port industry 9. Competition in the port industry 10. Competitiveness and competitive advantage of ports 11. Port marketing and customer management Part 4: Contemporary challenges and concerns regarding port development and sustainability 12. The port and the city 13. Port development and financing 14. The port and the environment Part 5: Managing risks and uncertainties, traffic forecast and strategic planning for ports 15. Managing risks and uncertainties for ports 16. Developing port traffic forecasts 17. A port-centric maritime cluster 18. Strategic planning and port policy Part 6: Looking forward to the future 19. Trends and developments that will challenge the port industry