Evaluating port efficiency in the Mediterranean

Abstract

During the last years, there was rapid development in the world port industry which is considered to have resulted from the increase of universal trade. The key to the development of each port is its adaptability to the earliest developments and its resistance to the increasing competition. The influence zones of each port are characterised by instability, while each port authority aims at the creation and exploitation of competitive assets, setting store on specialisation and increase of productivity of each port's functions. The aims of this study are the comparative efficiency evaluation of ports in the Mediterranean with the use of DEA analysis, the exploitation of the factors that affect ports' efficiency using a second-stage Tobit analysis and the potential of each port in the era of larger container volumes attraction. The study will focus on the ports which display or are able to display significant achievement in transhipment movement.