Measuring the impact of port congestion on containership freight rates
Link δημοσίευσης:
Δημοσίευση σε συνεργασία με τον Νεκτάριο Μιχαήλ, Έχει δημοσιευθεί στο Maritime Transport Research. Volume 8, June 2025, 100130
- We examine the impact of port congestion on containership freight rates.
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There is a positive and significant effect of port congestion on containership freight rates.
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The effect on freight rates is driven mostly by the importing region and less by the manufacturing region.
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The results are in line with the “last mile problem” and the derived demand system in shipping.