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Journal Article
The shipping news & forecast
District ports face many competitive challenges, but whether they sink or swim over the long term will likely depend on infrastructure improvements.
Journal Article
Changing tides for North Atlantic ports
Journal Article
Economic history: Wartime Wilimington : World Ware II shipyards brough a short-lived economic boom to the North Carolina port city
Related links:> https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q3/economic_history_weblinks.cfm
Journal Article
Noteworthy: Transportation: Unexpected demand drives up shipping rates
Texas exports rose 2.7 percent in real terms in the first six months of the year, fueled by a nascent economic recovery that surprised some shipping companies. Increased demand in the state and nation contributed to spikes in the cost of container, truck and rail freight shipments.
Journal Article
Economic history: The voyage of containerization
Related links:> https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q2-3/economic_history_weblinks.cfm
Working Paper
A Quantitative Model of the Oil Tanker Market in the Arabian Gulf
Using a novel dataset, we develop a structural model of the Very Large Crude Carrier (VLCC) market between the Arabian Gulf and the Far East. We study how fluctuations in oil tanker rates, oil exports, shipowner profits, and bunker fuel prices are determined by shocks to the supply and demand for oil tankers, to the utilization of tankers, and to bunker fuel costs. Our analysis shows that time charter rates respond only slightly to fuel cost shocks. In response to higher fuel costs, voyage profits decline, as cost shocks are only partially passed on to round-trip voyage rates. Oil exports ...
Journal Article
Spotlight: Imports and Exports: Container trade thriving in Texas
The real value of trade processed through Texas ports grew at nearly twice the national pace. Rapid growth in trade with Asia implies that containerized shipping--the movement of goods by standardized intermodal cargo containers--will play an increasingly prominent role. ; As container shipments to Texas increase, the need to transport containerized goods from West Coast ports by rail or truck will decrease. The comparative efficiency of shipping by sea is well noted. Further efficiencies will likely be realized through economies of scale as larger ships pass through the expanded Panama ...
Journal Article
The shipping news: Western exports rebound
Journal Article
Southeast ports jostle for region's import/export business