The Pros And Cons Of Containerization

Paper 1 uses Kondratieff wave (K-wave) strategy to present the behavior of containerization through different stages. The five waves of K-wave display the evolution and importance of containerization, with supporting data of global trade and container throughput. It shows that containerization has a cyclic behavior that may spread to a specific port or port range. It is related to the topic as it gives the general information about containerization and its importance in the trade. Meanwhile, it also points out that container volume is correlated to the development of container port by remaindering to consider the choice of port in the research.
Paper 2 is an econometric analysis about to investigate if the variation of the container freight rate is influenced by the services of container transportation and container fleet volume. It collects past two decades’ world container …show more content…
It supports paper 4 by saying that strategic alliance is the most important development in liner shipping industry. It points out that the shipping alliance is formed to solve surplus fleet capacity and it is worked. But it also expresses that alliance strategy cannot always be the solution since the market keeps changing.
It is exclusive to the author as it not only describes the pros and cons of shipping alliance but also leaves few potential directions to further study of shipping alliance, which is valuable for the research. In this journal, the author collects data and analyzed it by using bar chart; scatter plots, line graph methods and so on to verify the stability of shipping alliance, the result is quite unbiased that it is available to the topic. Paper 6 expresses that container shipping industry is important in stimulating the development of globalization. However, although it has been developed for fifty years, there is little change in the industry. Compared to other industries,