The impact of landbridge on the market shares of Asian ports

Abstract

This paper develops a mathematical model to quantify the market share of a given port. A Monte Carlo simulation based algorithm is proposed to estimate the port market share. A study is subsequently conducted to explore the characteristics of the landbridge system in China and Southeast Asia, and the impact of the landbridge system on the market shares of Asian ports is evaluated using the proposed approach for three scenarios. The competitiveness of the Malacca and Singapore Straits is also illustrated by analyzing the changes in the market share of Singapore port with respect to value of time. © 2010 Elsevier Ltd.