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Competitive Advantage in Liner Shipping: A Review and Research Agenda

Authors
  • Panayides, Photis M1
  • Cullinane, Kevin1
  • 1 the Hong Kong Polytechnic University, Hung Hom, Department of Shipping & Transport Logistics, Kowloon, Hong Kong , Kowloon (Hong Kong SAR China)
Type
Published Article
Journal
International journal of maritime economics
Publisher
Palgrave Macmillan UK
Publication Date
Aug 23, 2002
Volume
4
Issue
3
Pages
189–209
Identifiers
DOI: 10.1057/palgrave.ijme.9100045
Source
Springer Nature
Keywords
License
Yellow

Abstract

Liner shipping is a rather unique and idiosyncratic sector of the shipping industry. As such, it has attracted much attention from both researchers and policy makers. The purpose of this special issue of the International Journal of Maritime Economics is to investigate current thought in liner shipping economics and strategy. The papers included address what are and have been the major concerns of practitioners and academics, viz. market structure and regulation as well as vessel deployment and integration strategies. In an effort to induce research in another important direction, the aim of this paper is to address the issue of competitive advantage by considering the main themes that appear in the literature, viz. vertical integration and logistics strategy, strategic alliances, mergers and acquisitions, cost reduction, networks, economies of scale, regulation, pricing and shipper relationships. In so doing, this Editorial emphasises the importance of the firm as the unit of analysis and concludes by drawing attention to the need for the empirical investigation of the strategy–performance relationship.

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