Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy

  • Vladimir Jerebić PhD Candidate Bukovačka Cesta 282a HR-10000 zagreb, Croatia http://orcid.org/0000-0003-3593-3268
  • Stanislav Pavlin PhD. Profesor University of Zagreb Faculty of Transport and Traffic Sciences Vukelićeva 4, 10000 Zagreb, Croatia
Keywords: container shipping, economy crisis impact, operational strategy changes, consolidation, market forecasts,

Abstract

The shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008, but is still much visible within the container industry, particularly through overcapacity and low freight rates. It also deals with major changes of maritime container carrier’s management strategies, development and application of advanced transportation, technological, technical, economical, organizational and commercial measures in order to adapt and cope with new business environment. Finally, an attempt is made to forecast the market, potential difficulties and to propose problem-solving measures.

Author Biographies

Vladimir Jerebić, PhD Candidate Bukovačka Cesta 282a HR-10000 zagreb, Croatia

Master Mariner

CMA CGM French Container Line

Stanislav Pavlin, PhD. Profesor University of Zagreb Faculty of Transport and Traffic Sciences Vukelićeva 4, 10000 Zagreb, Croatia
PhD, Department  for Air Transport

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Published
2018-04-20
How to Cite
1.
Jerebić V, Pavlin S. Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy. Promet - Traffic & Transportation [Internet]. 20Apr.2018 [cited 23Oct.2018];30(2):187-94. Available from: http://www.fpz.unizg.hr/traffic/index.php/PROMTT/article/view/2440
Section
Articles