The Impacts of Expansion of the Panama Canal on the Competitiveness of Panamanian Ports
Chen, Mu Chen
|關鍵字:||巴拿馬運河拓寬;競爭力;港競爭力;增值服務;供應鏈整合;競爭力的動力;Panama Canal expansion;competitiveness;port competitiveness;value added services;supply chain integration;driver;PLS-SEM|
In view of the constant changes taking place in the maritime industry, its main components are often going through a process of restructuration and improvement. A clear example, the economies of scale, basically defined as a reduction in costs by an increase in size, have caused significant transformations in the shipping industry. This was perhaps the main reason for the expansion of the Panama Canal. Without the execution of the expansion project, it is highly probable that the Panama Canal which has been operating with a new set of locks on both the Atlantic and Pacific sides since June 26th, 2016 would have become a less competitive route, affecting as well the other members of the Panamanian maritime cluster. This study focuses on the impacts of the Panama Canal expansion, specifically on the competitiveness of the Panamanian ports. Port competitiveness is a subject that has been broadly studied in the port literature and has been associated with the port supply chain integration and value added services, which are the current rules of the game in the port industry. This research will explore this approach and other criteria used for measurement and analysis of port competitiveness. Through these approaches, the study will evaluate the competitive status of Panamanian ports in order to get a better perspective of its current competitiveness and readiness to face the new challenges brought by the post-expansion era. The methodology that will be applied for the data collection is a questionnaire survey that will be distributed to port operators and logistics service providers in the republic of Panama. The results of this research will be analyzed using PLS-SEM (Partial Least Squares/ Structural Equation Modeling) and are expected to serve as a guidance for the assessment of Panamanian ports and their further development.