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Willingness to invest in peripheral ports: Perceptions of Indonesian port and maritime industry stakeholders

Wiradanti, Bahana, Pettit, Stephen ORCID: https://orcid.org/0000-0001-7265-4079, Potter, Andrew ORCID: https://orcid.org/0000-0002-3157-9735 and Abouarghoub, Wessam ORCID: https://orcid.org/0000-0002-1647-1291 2020. Willingness to invest in peripheral ports: Perceptions of Indonesian port and maritime industry stakeholders. Maritime Economics and Logistics 10.1057/s41278-020-00147-6

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Abstract

The growth of containerisation and the increase in ship size have resulted in a greater need for transhipment hubs. Hence, some peripheral ports are upgrading to become secondary hub ports. However, it remains unclear why these ports would move towards this strategic direction. The aim of this study is to investigate stakeholders’ perceptions on the importance of peripherality, so as to understand their willingness to invest in secondary hub ports. Stakeholders from the Indonesian port and maritime industry were chosen as the focus of the present study, representing a connected network of peripheral and hub ports at a country level. The study used a mixed-methods approach. Qualitative interviews were conducted with 46 respondents, while quantitative data were collected through an online survey, involving 171 respondents. The data were subsequently analysed through exploratory factor analysis and correlation tests. Results show a pattern in stakeholder behaviour, explaining their reasoning, locational decisions, their perceptions on the importance of peripheral locations and their willingness to invest. It is believed that these findings will prove of value both for governments and the private sectors of international shipping and port operations.

Item Type: Article
Date Type: Published Online
Status: Published
Schools: Business (Including Economics)
Publisher: Palgrave Macmillan
ISSN: 1479-2931
Date of First Compliant Deposit: 15 January 2020
Date of Acceptance: 14 January 2020
Last Modified: 08 Nov 2023 10:00
URI: https://orca.cardiff.ac.uk/id/eprint/128496

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