BMT's new Port Choice Model, Port 360 for analysis
Source:transportweekly 2014-6-30 9:55:00
BMT Asia Pacific, the Hong Kong-based arm of the UK maritime design engineering and management consultancy, has unveiled its latest IT solutions for global ports, Port Choice Model and Port 360 tools.
The Port Choice Model forecasts market share and analyses trucking time, average waiting time in ports due to customs and inspection, cargo handling, sailing frequencies, terminal handling charges and ocean freight cost differentials.
The Port 360 tool reviews the competitive strength of terminals within the same port, and identifies areas for improvement for targeted investment, reported London's Containerisation International.
Senior consultant Steve Roberts said, "Competition is intense now with many ports having overlapping hinterlands. So market share is of particular interest, with investors wanting to know how a port can improve its market share or respond to threats to its market share."
For a gate way port, the study will look at neighbouring competitors where hinterland access is a key factor.
In the case of a transshipment hub, the study will examine where shipping routes converge and the impact of vessel diversion on sailing times.