Assessing the financial performance of container shipping companies
Over the past few decades, a phenomenon was observed where container shipping lines are adapting vertical integration strategies towards the ports and logistics market, which is outside of their core business. Despite the expected financial benefits that the vertical integration will bring, there...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
2009
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/16058 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Over the past few decades, a phenomenon was observed where container shipping lines are
adapting vertical integration strategies towards the ports and logistics market, which is outside
of their core business. Despite the expected financial benefits that the vertical integration will
bring, there is a lack of literature on this area to support the statement. The objective of this
paper serves to analyze the impact of vertical integration on the financial performance of
container shipping lines and fills in the missing literature gap in this area. Financial data was
obtained from company annual reports and other available resources. The financial ratio
comparison analysis performed to compare periods prior to and after vertical integration implied
a weak correlation between financial performance and vertical integration. Findings seem to
suggest that the improvement in financial performance was not fully attributed to the integration
strategy but as well as to the economic conditions prevailing at that time. |
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