Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/310087 
Authors: 
Year of Publication: 
2017
Citation: 
[Journal:] Logistics [ISSN:] 2305-6290 [Volume:] 1 [Issue:] 1 [Year:] 2017 [Pages:] 1-8
Publisher: 
MDPI, Basel
Abstract: 
The aim of this paper is to investigate an underpinning of the conventional maritime economics, supply-demand framework, and measurement of shipping services in particular. The ton-mile metric is frequently employed as a measure of demand in both academia and professional readings. On the other hand, the ton-mile measurement approach has various drawbacks and inconsistencies that are thought to be negligible or simply ignored. The incompleteness of the ton-mile metric approach, which is usually taken as granted, is discussed in terms of its origin and historical presence in the literature. Assumptions behind the approach are investigated, and practical limitations are revisited.
Subjects: 
shipping services
supply-demand framework
ton-mile metric
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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