• editor@ijmra.in
  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

VOLUME 06 ISSUE 07 JULY 2023

Structure and Conduct of the Ocean Freight Cargo Container Industry
1Angela Meideline,2I Wayan Sukadana
1,2Faculty of Economic and Business, Udayana University, Denpasar, Bali, Indonesia
DOI : https://doi.org/10.47191/ijmra/v6-i7-13

Google Scholar Download Pdf
ABSTRACT:

The existence of globalization increases economic activity between countries. International trade activities are divided into two categories: exports and imports. Sea mode transportation requires tools to transport goods safely from the origin country to the destination country. These tools are called containers or cargo containers. The cargo container shipping industry is an industry that provides containers. The purpose of this study are to: 1) prove that the market structure in the ocean freight container cargo industry is oligopoly, 2) analyse the influence of market structure on behaviour in the ocean freight container cargo industry, and 3) prove the existence of market power in the ocean freight container cargo industry. This research uses time series data from 2010–2022 and cross section data from 100 companies. Data collection was conducted through non-participant observation and interviews. By using secondary data from companies in the global cargo container industry and interviews. Using SCP theory, the analysis techniques used are concentration ratio, HHI, market entry barriers, behaviour, and market performance. The results of the study found that the cargo container industry market is a moderately low-concentration oligopoly with high market entry barriers. Market structure influences corporate behaviour in the container industry. Market structure and company behaviour affect market performance through market power.

KEYWORDS:

Shipping Line, SCP Theory, Concentration Ratio, HHI, Market Power

REFERENCES

1) Achmad, Kuncoro. 2001. Cara Menggunakan dan Memaknai Analisis Asumsi Klasik. Cetakan Pertama. Bandung: ALFABETA.

2) Agustino, Budi dan Sumarno. 2008. Analisis Pengaruh Kualitas Pelayanan Jasa Terhadap Kepuasan dan Loyalitas Pasien Rawat Inap di Rumah Sakit ST Elisabeth Semarang. Eksplanasi, 2(4).

3) Alistair, Armytha. 2004. Analisis pendekatan struktur-perilakukinerja pada industri tepung terigu di Indonesia pasca penghapusan bulog. [Undergraduate Thesis]. Bogor: Departemen Ilmu Ekonomi dan Studi Pembangunan, Fakultas Ekonomi dan Manajemen, Institut Pertanian Bogor.

4) Angeloudis, Panagiotis., et al. 2016. Strategic maritime container service design in oligopolistic markets. Transportation Research Part B: Methodological, 90pp: 22-37. (https://doi.org/10.1016/j.trb.2016.04.010 )

5) Arianto, Tulus. 2008. Struktur kepemilikan, profitablitas, pertumbuhan aktiva, dan ukuran perusahaan terhadap struktur modal pada perusahaan manufaktur. Jurnal Keuangan dan Perbankan,12(1).

6) Arthatiana, Freshty Yulia dkk. 2020. ANALISIS STRUKTUR, PERILAKU DAN KINERJA PASAR INDUSTRI TUNA DI INDONESIA. Jurnal Sosial Ekonomi Kelautan dan Perikanan, 15(01), 69-82

7) AXS Marine-ALPHALINER. Monthly Monitor 2010,2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022. Accessed from https://public.alphaliner.com

8) AXS Marine-ALPHALINER. TOP 100 Shipping Lines 2010,2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022. Accessed from https://public.alphaliner.com

9) Bain, Joe S. 1949. A Note of Pricing in Monopoly and Oligopoly. American Economic Review, (1)

10) Benny, J., 2013. Ekspor dan Impor Pengaruhnya Terhadap Posisi Cadangan Devisa di Indonesia. Jurnal EMBA, 1(4), pp. 1406-1415.

11) Bianchi, Patrizio, 2013. Bain and The Origins of The Industrial Economics. European Review of Industrial Economics and Policy, 7,pp.03470154.

12) Bird, K. 1999. Are Industrial Concentration on Market shares reliable indicators of competitions?. USAID: Partnership for Economic Growth (PEG) Project.

13) Carlton, Dennis W. & Perloff, Jeffrey M. (2015). Modern Industrial Organization Fourth Edt. England: Pearson Education Limited.

14) Carlton, Dennis W. & Perloff, Jeffrey M. (2015). Modern Industrial Organization Fourth Edt. England: Pearson Education Limited.

15) Casseres, Gomes, B. 2008. Competitive advantage in alliance constellations. Strategic Organization 1(3), pp:327–335

16) CMA CGM | The Group CMA CGM. 2021. Accessed 19 June, 2022, from Cma-cgm.com website: https://www.cma- cgm.com/about/the-group

17) CMA CGM. (2014). ‘CMA CGM signs three agreements on the biggest worldwide maritime trades with China Shipping Container Lines (CSCL) and United Arab Shippinf Company (UASC),”. Accessed 10 April 2022, website: https://www.itf- oecd.org/sites/default/files/docs/impact-alliances-container-shipping.pdf

18) CMA CGM. Annual Report 2010, 2011, 2012,2013,2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022. Accessed from https://www.cma-cgm.com/static/Finance/PDFFinancialRelease/2012%20-%20Q4%20-%20Presentation.pdf

19) Diphayana, W., 2018. PERDAGANGAN INTERNASIONAL. 1nd Edition ed. Yogyakarta: DEEPUBLISH.

20) EVERGREEN LINE. (2014). “CKYHE Alliance files agreement and report to related regulators for expansion of cooperation scope to U.S. Trades,” Accessed 10 April 2022, website http://www.evergreen- line.com/tuf1/jsp/TUF1_Html.jsp?page=TBN1_141021.jsp

21) Fitriyanti, Eka. 2015.“Analisis Struktur, Perilaku, dan Kinerja Pada Industri Perbankan Syariah di Indonesia.” Akuntabilitas: Jurnal Penelitian dan Pengembangan Akuntansi 09(1)pp: 75-100.

22) Fitriyanti, Eka. 2015.“Analisis Struktur, Perilaku, dan Kinerja Pada Industri Perbankan Syariah di Indonesia.” Akuntabilitas: Jurnal Penelitian dan Pengembangan Akuntansi 09(1)pp: 75-100.

23) Hananto, Dio Kris. 2018. Analisis Efisiensi Industri Telekomunikasi Seluler di Indonesia 2008-2014. Jurnal Dinamika Ekonomi Pembangunan, 1(2)pp: 39-53.

24) Hasibuan, Nurimansjah. 1994. Ekonomi industri : persaingan, monopoli, dan regulasi / Nurimansjah Hasibuan. Jakarta :: LP3ES,.

25) Hirata, Enna. (2017). “Contestability of Container Liner Shipping Market in Alliance Era” The Asian Journal of Shipping and Logistics. 33, no. 1 (2017): 027-032. https://www.sciencedirect.com/journal/the-asian-journal-of-shipping-and- logistics

26) Hirata, Enna. (2018). “A Non-Structural approach to assess competitive conditions in container liner shipping market: 2009-2014,”. International Journal of Shipping and Transport Logistics.10, No.5/6: 500-513. DOI: 10.1504/IJSTL.2018.10016511.

27) Indonesia. (2020). Pedoman Penilaian Terhadap Penggabungan, Peleburan, atau Pengambilalihan Bab IV. Komisi Pengawas Persaingan Usaha (KPPU) Republik Indonesia.

28) International trade in goods by mode of transport - Statistics Explained. 2022. Accessed 6 June, 2022, from Europa.eu website:https://ec.europa.eu/eurostat/statisticsexplained/index.php?title=International_trade_in_goods_by_mode_of _transport

29) Iswara, I Nyoman GDK Y. & Hermawanto. 2013. Identifikasi dan Usulan Perbaikan Model Value-Added Servces Cargo International sebagai Logistic Service Provider. Thesis. Universitas Airlangga.

30) Jaya, Kirana Wihana. 2019. Ekonomi industri. Yogyakarta: Gadjah Mada University Press.

31) Jaya, W. K. 1993. Pengantar Ekonomi Industri: Pendekatan Struktur, Perilaku, dan Kinerja Pasar. Edisi Pertama. Badan Penerbit Fakultas Ekonomi, Universitas Gajah Mada, Yogyakarta.

32) Jaya, W. K. 2001. Ekonomi Industri. Edisi Kedua. Badan Penerbit Fakultas Ekonomi, Universitas Gajah Mada, Yogyakarta

33) Jeffrey, H. D., Singh, H., Kale, P. 2008. Splitting the pie: rent distribution in alliances and networks. Managerial and Decision Economics, 29,pp.137–148

34) Jha, B. 2021. What are Container Ships – History, Types And Design. Accessed 14 June, 2022, from Marine Insight website: https://www.marineinsight.com/types-of-ships/what-are-container-ships/

35) KMI. 2022. Study on Strategies of the Container Shipping Industry in the Post-Corona Era

36) Lam, Nelson., & Lau, Peter. 2014. Akuntansi Keuangan, 2nd Edt. Jakarta: Salemba Empat.

37) Lu, H, Cheng J, Lee T. 2006. “An Evaluation of Strategic Alliances in Liner Shipping- an Empirical Study of CKYH,” Journal of Marine Science and Technology. 14, NO. 4: 202-212

38) Maersk Line. 2014. “Maersk line announces cooperation on the east-west trades with MSC,” Accessed 10 April 2022, website http://www.maerskline.com/de-at/countries/int/news/news-articles/2014/07/trades-with-msc

39) Maersk Line. Annual Report 2010, 2011, 2012,2013,2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022. Accessed from https://www.google.com/search?client=safari&rls=en&q=maersk+annual+report&ie=UTF-8&oe=UTF-8

40) Mankiw, N. G., 2000. Macroeconomics. s.l.:Worth Publ.

41) Mankiw, N. Gregory, et al., 2013. Pengantar Ekonomi Mikro. Jakarta: Salemba Empat

42) Matsuda, Takuma. Hirata, Enna. Tomoya, Kawasaki. 2020. “Monopoly in the container shipping market: an econometric approach”. Maritime Business Review. 8, No.1: 2397-3757. DOI 10.1108/MABR-12-2020-0071.

43) Mcwilliams, A. 1993. Efficiency v. Structure-Conduct-Performance: Implications for Strategy Research and Practice. Journal of Management, 19(2): 63-78. DOI: 10.1177/014920639301900105.

44) Meeus, J. C., Philipp, K. & Aadrian, S., 2021. COVID-19 Impact Assessment on Global Logistics and Supplies, Denmark: UNICEF Supply Division.

45) Merk, O., Kirsten, L. and Salamitov, F. 2018. The Impact of Alliances in Container Shipping. The International Transport forum case-specific policy analysis 127. Website : https://www.itf-oecd.org/sites/default/files/docs/impact-alliances- container-shipping.pdf

46) Narguney, Anna. 2021. A Brief History of the Shipping Container. Accessed 20 June 2023, from The Maritime Executive. Website : https://maritime-executive.com/editorials/a-brief-history-of-the-shipping-container

47) Nugroho, Gading & Darwanto. 2020. Analisis Struktur Pasar, Perilaku Perusahaan, dan Kinerja Perusahaan dalam Industri Telekomunikasi Indonesia. Media Trend, 15(1), 97-110.

48) PELINDO. 2021. Laporan Tahunan 2021. Diakses pada https://pelindo.co.id/investor/laporan-tahunan

49) Pendidikan Indonesia University. 2012. Dasar Pembagian Laut/Lautan. UPI Directory. (http://file.upi.edu/Direktori/FPIPS/JUR._PEND._GEOGRAFI/194902051978031- DJAKARIA_M_NUR/DASAR__PEMBAGIAN_LAUT.pdf )

50) Pruteanu-Podpiera, et al. 2007. Market Power and Efficiency in the Czech Banking Sector. CNB Working Paper (6).

51) Shin, H. 2021. Council Post: How The Shipping Container Crisis Demonstrates The Risk Of Imbalance In Global Trade. Forbes. Accessed 29 March 2022, Website: https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2021/05/25/how-the-shipping-container-crisis- demonstrates-the-risk-of-imbalance-in-global-trade/?sh=14b94c41090f

52) Statistik Distribusi, 2021. Impor Menurut Moda Transportasi 2019-2020. Jakarta: BPS - Statistics Indonesia.

53) Statistik Distribusi, 2021. Impor Menurut Moda Transportasi 2019-2020. Jakarta: BPS - Statistics Indonesia.

54) Sukirno, S., 2013. Mikroekonomi Teori Pengantar. Jakarta: PT. Raja Grafindo Persada.

55) Sukirno, S., 2016. Makro Ekonomi Teori Pengantar. 3th Edition ed. Jakarta: PT. Raja Grafindo Persada.

56) Sukirno, Sadono. 2002. Makro Ekonomi Modern. Jakarta: PT.Rajawali Grafindo Persada.

57) Sukirno, Sadono. 2002. Makro Ekonomi Modern. Jakarta: PT.Rajawali Grafindo Persada.

58) Sys, Christa. 2009. “Is the container liner shipping industry an oligoply?” Transport Policy Journal (16) : 259-270.

59) Teguh, Muhammad. 2010. Ekonomi Industri. Jakarta: PT RajaGrafindo Persada.

60) UNCTAD, 2021. REVIEW OF MARITIME TRANSPORT 2021. New York, United Nations Publications.

61) United States. (2018). Antitrust Division: Herfindahl-Hirschman Index. The United States Department of Justices. Online: https://www.justice.gov/atr/herfindahl-hirschman-index

62) Verwoerd, Wout. 1999. Hospital Material Management Quarterly. Health & Medical Complete, 21(2), pp.31.

63) Weiss, L.1989. Concentration and Price. MIT Press, Cambridge, MA.

VOLUME 06 ISSUE 07 JULY 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


Our Services and Policies

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected.

The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

International Journal of Multidisciplinary Research and Analysis will publish 12 monthly online issues per year,IJMRA publishes articles as soon as the final copy-edited version is approved. IJMRA publishes articles and review papers of all subjects area.

Open access is a mechanism by which research outputs are distributed online, Hybrid open access journals, contain a mixture of open access articles and closed access articles.

International Journal of Multidisciplinary Research and Analysis initiate a call for research paper for Volume 07 Issue 05 (May 2024).

PUBLICATION DATES:
1) Last Date of Submission : 26 May 2024 .
2) Article published within a week.
3) Submit Article : editor@ijmra.in or Online

Why with us

International Journal of Multidisciplinary Research and Analysis is better then other journals because:-
1 : IJMRA only accepts original and high quality research and technical papers.
2 : Paper will publish immediately in current issue after registration.
3 : Authors can download their full papers at any time with digital certificate.

The Editors reserve the right to reject papers without sending them out for review.

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected. The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

Indexed In
Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar