A Management Efficiency Analysis of Container Terminal Operators

Kang, Hyun Goo; Ryoo, Dong-Keun; Sohn, Bo-Ra

Journal of Navigation and Port Research 2012;36(6):527-534.
Published online August 31, 2012.

컨테이너터미널 운영사의 경영 효율성 평가에 관한 연구

강현구, 류동근, 손보라

A Management Efficiency Analysis of Container Terminal Operators

Hyun Goo Kang, Dong-Keun Ryoo, Bo-Ra Sohn

Abstract

In order to achieve sustainable growth and gain competitive advantages business performance should be monitored regularly by a company. In the port industry container terminal operators are facing growing competition. A large scale of new container terminals are constructed and the number of new container terminal operators are increasing. Container shipping lines are gaining bargaining power against terminal operators in terms of negotiating terminal usage. The competitive environments result in reduced cargo handling charges and poor financial performance of container terminal operators. It becomes very important to examine how efficiently container terminal operators are operating their terminals and how to improve their performance. This paper investigates the measurement efficiency for container terminal operators in Korea using Data envelopment analysis(DEA) of DEA-CCR and DEA-BCC Model. This paper finds out which container terminal operators are inefficient and how to improve their management efficiency.

Key Words: Container Terminal;DEA;Management Efficiency;Port Operation;Container Terminal Operator