Nerja, Adrián, Sánchez, Mariola
The impact of revenue-sharing contracts on parallel shipping alliances
Transport Economics and Management. 2023, 1: 77-85. https://doi.org/10.1016/j.team.2023.06.004
URI: http://hdl.handle.net/10045/136052
DOI: 10.1016/j.team.2023.06.004
ISSN: 2949-8996
Abstract: 
In this paper, we explore the effect of revenue-sharing contracts between ports and shipping lines to counter the negative effects of parallel shipping alliances. We consider a vertical structure approach formed by port-shipping line chains, where ports are considered the upstream market, while shipping lines are the downstream market. Then, we propose the vertical integration of both chains as a solution to the loss of welfare because of the shipping alliance. We find that when ports may influence the downstream markets, welfare increases, and it is a proper ports response that port horizontal cooperation.
Keywords:Parallel Shipping Alliances, Revenue-Sharing, Welfare Analysis, Vertical Integration, Port Horizontal Cooperation
Elsevier
info:eu-repo/semantics/article