RISING THE NUMBER OF MODERN, HIGHLY EFFICIENT VESSELS AS A FACTOR IN INCREASING THE COMPETITIVE POTENTIAL OF WATER TRANSPORT IN UKRAINE

Keywords: maritime transport, merchant fleet, profitability, competitiveness, post-war recovery

Abstract

Most of the volume of international trade is carried out by waterways. Maritime transport delivers vital goods and services to businesses and individuals, helps increase import and export volumes, creates new jobs, and supports economic growth, both at the local and national levels. In the post-war period, the maritime transport industry in Ukraine will need restoration and significant modernization because, in the conditions of globalization of supply chains, maritime transport is one of the most critical components of economic growth and ensures the state's national security. The purpose of the work is to identify the relationship between the profitability of water transport enterprises of Ukraine and the number of ships sailing under the flag of Ukraine. The following methods were used to solve the tasks: system-structural, abstract-logical analysis and grouping - when studying the structure of the marine merchant fleet of Ukraine; economic-mathematical modeling - when constructing the dependence of the profitability of Ukrainian water transport enterprises on the number of ships sailing under the flag of Ukraine. The article examines the structure of the marine merchant fleet of Ukraine by types of vessels, their gross registered tonnage, and deadweight and determines its share in the form of the world fleet. An analysis of the average age and degree of wear and tear of vessels of the marine merchant fleet of Ukraine was carried out. The dependence of the profitability of the water transport enterprises of Ukraine on the number of vessels sailing under the flag of Ukraine is constructed. This dependence was recorded mathematically and presented graphically. We investigated the density of the connection between the profitability of the water transport enterprises of Ukraine and the number of ships sailing under the flag of Ukraine. To check the quality of the built model, we calculated key indicators and conducted some special tests. To increase the competitive potential of water transport in Ukraine, the article developed recommendations for improving the number of modern, highly efficient vessels of the merchant fleet flying the flag of Ukraine, which is a necessary condition for increasing the competitive potential of water transport, economic growth, and ensuring the national security of Ukraine in the post-war period.

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González-Laxe, F., Novo-Corti, I. & Pociovalisteanu, D.M. (2016). New maritime alliances and competition in a new economic environment. Traffic & Transportation, 28(3), 311–320. https://doi.org/10.7307/ptt.v28i3.1749

Ha, Y.S., & Seo, J.S. (2017). An analysis of the competitiveness of major liner shipping companies. The Asian Journal of Shipping and Logistics, 33(2), 53–60. https://doi.org/10.1016/j.ajsl.2017.06.002

Heaver, T., Meersman, H., Moglia, F., & Van De Voorde, E. (2000). Do mergers and alliances influence European shipping and port competition? Maritime Policy & Management, 27(4), 363–373. https://doi.org/10.1080/030888300416559

Huang, S.T., & Yoshida, S. (2013). Analysis of key factors for formation of strategic alliances in liner shipping company: Service quality perspective on Asia/Europe route after global economic crisis. International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering, 7(6), 1414–1418. Retrieved from: https://zenodo.org/record/1084670/files/15244.pdf

Liu, J., & Wang, J. (2019). Carrier alliance incentive analysis and coordination in a maritime transport chain based on service competition. Transportation Research Part E: Logistics and Transportation Review, 128, 333–355. https://doi.org/10.1016/j.tre.2019.06.009

Nair, R. (2016). Study on economic regulation of collaborative strategies among container shipping companies following repeal of European Union Regulation 4056/86. The Asian Journal of Shipping and Logistics, 32 (2). 89–97. https://doi.org/10.1016/j.ajsl.2016.05.002

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Published
2023-02-28
How to Cite
Ilchenko, S., Gryshchenko, V., & Gryshchenko, I. (2023). RISING THE NUMBER OF MODERN, HIGHLY EFFICIENT VESSELS AS A FACTOR IN INCREASING THE COMPETITIVE POTENTIAL OF WATER TRANSPORT IN UKRAINE. Economy and Society, (48). https://doi.org/10.32782/2524-0072/2023-48-55
Section
ECONOMICS