Browse > Article
http://dx.doi.org/10.7837/kosomes.2019.25.1.027

An Estimation of the Average Waiting Cost of Vessels Calling Container Terminals in Northern Vietnam  

Nguyen, Minh-Duc (Department of Logistics, Vietnam Maritime University)
Kim, Sung-june (Division of Navigation Science, Korea Maritime and Ocean University)
Publication Information
Journal of the Korean Society of Marine Environment & Safety / v.25, no.1, 2019 , pp. 27-33 More about this Journal
Abstract
Several studies have been completed on the topic of container terminals in Northern Vietnam. Few of them, however, deal with competition in terms of costs related to vessel waiting time or cargo handling. This paper estimates the average waiting cost per TEU for all the container terminals in Northern Vietnam. After average waiting time was first estimated by applying queuing theory, uncertainty theory was applied to estimated vessel daily cost. A simulation was performed to create a series of data representing waiting cost per TEU in relation to the rate of volume handled/capacity of each terminal. Non-linear regression based on this series was used to present a function for the relationship between the average waiting cost of each terminal and the rate of volume handled /capacity.
Keywords
Northern Vietnam; Average waiting cost; Queuing theory; Uncertainty theory; Non-linear regression;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
연도 인용수 순위
1 Australian Bureau of Transport Economics(1982), An estimate of operating costs for Bulk, Ro-Ro and Container ships, Australian Government Publishing Service, Canberra.
2 Cullinane, K. and M. Khanna(1998), Economies of scale in Large Container Ships, Journal of Transport Economics and Policy, Volume 33, part 2, pp. 185-208.
3 Haight, F. A.(1967), Handbook of the Poisson Distribution, New York: John Wiley & Sons.
4 Kaselimi, E. N., T. Notteboom and N. Saeed(2011), A game theoretical approach to the inter-relation between terminal scale and port competition, Proceedings of International Association of Maritime Economists (IAME) Conference, Santiago de Chile, pp. 1-26.
5 Kendall, D. G.(1953), Stochastic Processes occurring in the Theory of Queues and their analysis by the method of the Imbedded Markov Chain, The Annals of Mathematical Statistics, 24(3), p. 338.   DOI
6 Kleinrock, L.(1975), Queuing Systems Volume 1: Theory, p. 77.
7 Liu, B.(2015), Uncertainty theory, 5th edition, Springer-Verlag, Berlin.
8 Munim, Z. H., N. Saeed and O. I. Larsen(2017), Tool port to landlord port: A game theory approach to analyse gains from governance model transformation, Proceeding of International Association of Maritime Economists conference, Kyoto 2017.
9 Nguyen, M. D., S. J. Kim and J. S. Jeong(2016a), Evaluation of logistics infrastructure of container terminals in Northern Vietnam, Journal of Navigation and Port research, Vol. 40, No. 5, pp. 305-310.   DOI
10 Nguyen, M. D. and S. J. Kim(2015), Comparative analysis of container terminals in Northern Vietnam, 2005-2014, Journal of Navigation and Port research, Vol. 39, No. 5, pp. 417-422.   DOI
11 Nguyen, M. D., S. J. Kim and J. S. Jeong(2016b), Hierarchical cluster analysis on competitiveness of container terminals in Northern Vietnam, Journal of Navigation and Port research, Vol. 40, No. 2, pp. 67-72.   DOI
12 Pham, T. Y., H. M. Ma and G. T. Yeo(2016), A strategic positioning analysis for container terminals in Northern Vietnam, Journal of Navigation and Port research, Vol. 40, No. 5, pp. 311-316.   DOI
13 Radmilovic, Z.(1992), Ship-berth link as queuing system in ports, Journal of Waterway, Port Coastal and Ocean Engineering, Vol. 118, No. 5, pp. 474-495.   DOI
14 Zadeh, L. A.(1965), Fuzzy Sets, Information and Control, Vol. 8, pp. 338-353.   DOI
15 Radmilovic, Z. and S. Jovanovic(2006), Berth occupancy at container terminals: Comparison of analytical and empirical results, Traffic and Transportation, 2006, No. 2, pp. 99-103.
16 Saeed, N. and O. I. Larsen(2010), An application of cooperative game among container terminals of one port, European Journal of Operation Research, 203(2), pp. 393-403.   DOI
17 Thoresen, C.(2003), Port Designer's Handbook: Recommendations and Guidelines, Thomas Telford Limited, London.