Maritime economics (g)

Jericho Hyansalem Wicaksono - 5019201004

2022 Session 2 - Resume 1

SEA PORTS IN MARITIME ECONOMICS
(Location of Regional & International Hub Ports in Liner)
Table 1. Type of Ports and Their Function

Port Type Regional Hubs

This port is used as a place to contain small to medium
Feeder Port sized merchant vessel in domestic sea transport or
Port Transshipment Flow trades.
A port which mainly used for distribution operations of
merchant ships in domestic region. Usually possible to
Regional Hub Port
be used for transshipment from feeder port to
international hub port
International This port can be used as a connecting point or
Main Port
Hub Port International Hub Port transshipment for merchant vessel from an international
hub to another international hub
It is similar to hub port, but became main port because
Main Port of bigger size and there are some regulations applied
before entering this port.

There are four kinds of ports, which are main port, international hub
port, regional hub port, and feeder port.
Not all of ports can be entered by large or ultra large ship, especially for
Regional Hub
Feeder Port container ships or tankers such as VLCC (Very Large Container
Port
Carrier). For example, large ocean vessels usually cannot be contained
in feeder port.
Hence, the solution to this problem is either allocate the ship to the
Figure 1. Transshipment Flow for Distribution nearest bigger port (for example, from feeder port to hub port or main
port) or opening the feeder ports as regional hub ports to be possible to
accommodate these large ships.

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SHIPPING
The shipping business offers a wide range of commercial
transport options, from highly specialized "intermodal" container
shipping to bulk railroad transportation of goods.
By transporting raw materials and finished goods, the shipping
sector supports local and international manufacturing and trade.
International It also enables the direct delivery of items to customers.
National Shipping Shipping

Type of Table 2. Shipping Companies Option Consideration

Shipping
IMPORTANT CONSIDERATIONS
People Transport
Inter-island (People Shipping schedule
Shipping Shipping) Frequency of Shipping
Capability of Handling Cargo
Number of Transits
Table 2. Type of Shipping Activities
Accessibility of Transport
Reliability for Cargo Safety

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FINANCIAL IN MARITIME ECONOMICS
(A study of the critical success factors of international ship finance
centre)
Ideal Environment for ISFC
The movement of industrial goods from Europe to the rest of the
world and the flow of raw materials from the rest of the world to Favorable
Europe formed the foundation of the international trade system Poilcy of
that existed in the twentieth century. Tax

Now, in the twenty first century, there are institutions which

accommodate maritime trade financially which is called the
International Finance Center (IFC).
Shang-hai have the potential to be developed as an international
ship finance centre (ISFC). To be financially success in Social and
Responsive Ideal
developing ISFC, there must be consideration to be taken, such as Government
Political
Environement Stability
the influence of government. Figure 3 shows the ideal
environment for ISFC to be successful

Table 3. Financial Weakness of Ship Industry Based on Personal

Analysis
Weaknesses
Weak Corporate Governance Corporation
Regulation
Slow Economic Growth Transparancy
No or Less Investments
Lack Export Demand
Figure 3. Ideal Environment to be Considered for ISFC
Financial Infrastructure
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SMALL AND MEDIUM SIZED ESTABLISHMENT PROBLEMS
Table 4. Personal Perspective on Challenges for SMEs Shipyard
In recent years, academic discussion on small- and medium-sized Challenges
establishments (SME) in general has centred on the problems caused
The shipping sector is still experiencing some
by globalization, particularly for independent small producers outside difficulties when using domestic shipbuilding
of specialist markets. services.
However, if the proper managerial methods are ensured, globalization
does not just give challenges to organizations but also opportunities.
On the other hand, due to their location flexibility to follow the Higher price of domestic shipbuilding
environment condition as well as the cheaper cost of land, production and longer production time.
management, and labor, a smaller shipyard can be more competitive
in the production of small boats and ancillary works.
Financing for shipbuilding in domestic
shipyards is difficult to obtain from domestic
financial institutions

Organization Giving
Work-Life Training Lead by Consultation
Managerial
Strategy Reorganising
Balance
Determining
Worker’s
Skills
Workers to
Boost
and
Resolution to
Commitment Workers

Figure 4. Strategy to Improve SME Business 5

Young People’s Perspective of Shipping Industry

The development of maritime transportation and shipping industry as a Low

significant, sustainable transportation alternative depends heavily on the Reward
for Hard
industry's reputation. In order to effectively promote professions in
Job
shipping, to foster shipping as an attractive labor market, and to build
appealing educational programs, it is especially important to grasp the
image the shipping industry has among young people and the anatomy of
the notion.
Non-
In Indonesia itself, there seems to be many young people who has false and suitable
even scary image of shipping and maritime industry in general. It is High Risk
Young People as a
necessary to do survey of young people to obtain their perspective of this Image place for
industry. Even though there are many opinion from experts and stakeholders living
that there are growing importance of maritime industry in the future, sadly
that isn’t the same with young adolescent people who know nothing or
doesn’t have image of proper shipping industry.
Away
Table 5. Dimensions by Young People Perspective on Shipping Industry from
Dimension Family
Reward
Significance of industry
Figure 5. People Image of Shipping Industry
Ships as a place of work and living
Environment
Family
Career shift
Risk
Employer–employee relation 6
KEY SUCCESS FACTOR IN INTERNATIONAL MARKET DEVELOPMENT
Table 6. Important Factors for IMD

A country economy, especially in Maritime Sector, can be Most Important KSF

increased more by using International Market Development
Service as Competitive Advantage
(IMD) strategy. By using IMD strategy, Indonesian market
can be expanded internationally and also by increasing the Customer Satisfaction
involvement of Indonesia in International market, Indonesia
Financial Support
can gain international customers as well as international
experience and new opportunities. Risk Taking
Hence, when a company or an organization wants to expand
its influence in International Market, it is necessary to first International
identify their key success factor (KSF) of their IMD strategy. Strategy
These KSFs then further divided into four categories, which
shown at Figure 6.
To determine the most influential factors, one of the method
KSF
is by using Analysis Network Process (ANP). ANP can Environmental
Categor
Organizational
scanning Capability
identify which factors are the most influential for the success y
of the IMD strategy implementation and also can be used to
find the best policy to improve the implementation and
performance of the IMD strategy.
Internationalization
Behaviour

Figure 6. Categories for KSF

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 REFERENCES
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