METHODS FOR ESTIMATING THE ECONOMIC IMPACT MODEL OF PORTS

Abstract

Port performance evaluation is becoming increasingly topical in modern port management, especially for comparing a port with competing ports. Port performance can be achieved by comparing the port to predefined standards of accuracy, completeness, cost, and speed. Some ports monitor their activities solely on the basis of functional characteristics, while others cover wider aspects such as administrative and financial performance. But the overall goal of any port is to maximise profits, develop and increase the volume of transhipment. The efficiency of ports varies considerably: not all ports function equally well, and in recent years, the gap between ports adapted to new logistical and economic requirements and those that have failed has widened. Differences in performance result in a significant diversion of traffic, with a negative impact on business opportunities in well-functioning ports. This threatens the efficiency and sustainability of the transport network and the competitiveness of the economy in general. This study will rank and group the criteria for port performance and when exiting these criteria, the methods for calculating these performance criteria will be derived.