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BUSINESS IMPACT OF COVID-19 PANDEMIC ON GLOBAL MARITIME INDUSTRY

Year 2021, Volume: 17 Issue: 1, 43 - 75, 19.04.2021

Abstract

Coronavirus (COVID-19) pandemic has affected whole world in terms of health and global economics. As in all sectors, global maritime industry which comprises many work expertise and provides international work space for the employees, has also been stressed. For this importance, COVID-19 business impact survey on global maritime industry has been conducted during the first wave of the pandemic. Respondents of the research survey were working in a wide range of position and job alignments in the sector that are located in 21 countries all over the World. The purpose of this study is to determine the business effect of pandemic on global maritime industry. For this aim, a survey that consists of 36 questions has been conducted. These questions were initially related with descriptive ones that are firm characteristics and expertise. Then, ability of the companies while executing business operations under these situation has been investigated and the problems about financial structure as of liquidity, government & institutions assistance, transaction strategies, the actions of second wave, changes of employee, concern about future for company has been determined.

Thanks

The authors would like to thank OKT Shipping & Trading Ltd. for the data collection and contributions to this study.

References

  • Budd, L., and Ison, S. (2020). “Responsible Transport: A post-COVID Agenda for Transport Policy and Practice”. Transportation Research Interdisciplinary Perspectives, Vol. 6, 100151. doi:10.1016/j.trip.2020.100151.
  • Chen, Q., and Pan, S. (2020). “Transport-Related Experiences in China in Response to the Coronavirus (COVID-19)”. Transportation Research Interdisciplinary Perspectives, Vol. 8, 100246. doi:10.1016/j.trip.2020.100246.
  • Choquet, A., and Sam-Lefebvre, A. (2021). “Ports Closed to Cruise Ships in the Context of COVID-19: What Choices are There for Coastal States?”. Annals of Tourism Research, Vol. 86, 103066. doi:10.1016/j.annals.2020.103066.
  • Dersu, T., Efe, A., Anna, M., and Öykü, Z. (2020). “The Political and Economic Impact of the Coronavirus Pandemic in Turkey”. Centre for Economics and Foreign Policy Studies (EDAM). Retrieved from https://edam.org.tr/wp-content/uploads/2020/11/The-Political-and- Economic-Impact-of-the-Corona-Virus-in-Turkey.pdf
  • European Maritime Safety Agency (EMSA). (2020). “COVID-19 Impact on Shipping”. In EMSA Newsroom. Retrieved from http://emsa.europa.eu/newsroom/covid19-impact.html
  • Ito, H., Hanaoka, S., and Kawasaki, T. (2020). “The Cruise Industry and the COVID-19 Outbreak”. Transportation Research Interdisciplinary Perspectives, 100136. doi:10.1016/j.trip.2020.100136.
  • Loske, D. (2020). “The Impact of COVID-19 on Transport Volume and Freight Capacity Dynamics: An Empirical Analysis in German Food Retail Logistics”. Transportation Research Interdisciplinary Perspectives, Vol. 6, 100165. doi:10.1016/j.trip.2020.100165.
  • Ozili, P. K., and Arun, T. (2020). “Spillover of COVID-19: Impact on the Global Economy”. Retrieved from SSRN: https://ssrn.com/abstract=3562570
  • Ozturk, O., and Turan, E. (2020). “Examination of the Impact of the Covid-19 Outbreak on Sea Freight Transportation”. 2nd International Symposium of Engineering Applications on Civil Engineering and Earth Sciences (IEACES), pp. 40-47.
  • Roy, S. (2020). “Economic Impact of COVID-19 Pandemic”. Technical Report.
  • Shehzad, K., Sarfraz, M., and Shah, S. G. M. (2020). “The Impact of COVID-19 as a Necessary Evil on Air Pollution in India During the Lockdown”. Environmental Pollution. Vol. 266 Part 1, 115080. doi:10.1016/j.envpol.2020.115080.
  • WHO (n.d.). (2021) “WHO Coronavirus Disease (COVID-19) Dashboard”. Retrieved from https://covid19.who.int/
  • Zhou, S., Lu H. L., Liu, P., and Zheng, Z. (2020). “Global Health Governance for Travel Health: Lessons Learned from the Coronavirus Disease 2019 (COVID-19) Outbreaks in Large Cruise Ships”. Global Health Journal, Vol. 4 (4), pp. 133-138. doi:10.1016/j.glohj.2020.11.006.

COVID-19’UN KÜRESEL DENİZCİLİK SEKTÖRÜNE TİCARİ ETKİSİNİN İNCELENMESİ

Year 2021, Volume: 17 Issue: 1, 43 - 75, 19.04.2021

Abstract

Koronavirüs (COVID-19) salgını, sağlık ve küresel ekonomi açısından tüm dünyayı etkisi altına almıştır. Tüm sektörlerde olduğu gibi, birçok iş uzmanlığını içeren ve uluslararası işgücü imkânı sağlayan küresel denizcilik sektörünü de sıkıntıya sokmuştur. Sektörün önemi göz önüne alınarak, COVID-19’un küresel denizcilik endüstrisi üzerindeki ticari etkisini belirlemek amacıyla salgının ilk dalgasında bir anket çalışması yapılmıştır. Araştırma anketine 21 ülkeden, sektörde çeşitli pozisyonlardaki ve farklı iş uzmanlığı bulunan sektör çalışanları katılmıştır. Bu çalışmanın amacı, pandeminin küresel denizcilik sektörü üzerindeki ticari etkisini belirlemektir. Bu amaçla 36 sorudan oluşan bir anket düzenlenmiştir. Anketin ilk bölümünde, firma özelliklerini ve uzmanlığını belirlemeye yönelik sorular yöneltilmiştir. Daha sonra şirketlerin pandemide faaliyetlerini devam ettirebilme becerileri araştırılmış; likidite, devlet ve kurum yardımları, işlem stratejileri, ikinci dalga için eylemler, istihdam, geleceğe yönelik beklentiler gibi finansal yapı ile ilgili sorunlar belirlenmiştir.

References

  • Budd, L., and Ison, S. (2020). “Responsible Transport: A post-COVID Agenda for Transport Policy and Practice”. Transportation Research Interdisciplinary Perspectives, Vol. 6, 100151. doi:10.1016/j.trip.2020.100151.
  • Chen, Q., and Pan, S. (2020). “Transport-Related Experiences in China in Response to the Coronavirus (COVID-19)”. Transportation Research Interdisciplinary Perspectives, Vol. 8, 100246. doi:10.1016/j.trip.2020.100246.
  • Choquet, A., and Sam-Lefebvre, A. (2021). “Ports Closed to Cruise Ships in the Context of COVID-19: What Choices are There for Coastal States?”. Annals of Tourism Research, Vol. 86, 103066. doi:10.1016/j.annals.2020.103066.
  • Dersu, T., Efe, A., Anna, M., and Öykü, Z. (2020). “The Political and Economic Impact of the Coronavirus Pandemic in Turkey”. Centre for Economics and Foreign Policy Studies (EDAM). Retrieved from https://edam.org.tr/wp-content/uploads/2020/11/The-Political-and- Economic-Impact-of-the-Corona-Virus-in-Turkey.pdf
  • European Maritime Safety Agency (EMSA). (2020). “COVID-19 Impact on Shipping”. In EMSA Newsroom. Retrieved from http://emsa.europa.eu/newsroom/covid19-impact.html
  • Ito, H., Hanaoka, S., and Kawasaki, T. (2020). “The Cruise Industry and the COVID-19 Outbreak”. Transportation Research Interdisciplinary Perspectives, 100136. doi:10.1016/j.trip.2020.100136.
  • Loske, D. (2020). “The Impact of COVID-19 on Transport Volume and Freight Capacity Dynamics: An Empirical Analysis in German Food Retail Logistics”. Transportation Research Interdisciplinary Perspectives, Vol. 6, 100165. doi:10.1016/j.trip.2020.100165.
  • Ozili, P. K., and Arun, T. (2020). “Spillover of COVID-19: Impact on the Global Economy”. Retrieved from SSRN: https://ssrn.com/abstract=3562570
  • Ozturk, O., and Turan, E. (2020). “Examination of the Impact of the Covid-19 Outbreak on Sea Freight Transportation”. 2nd International Symposium of Engineering Applications on Civil Engineering and Earth Sciences (IEACES), pp. 40-47.
  • Roy, S. (2020). “Economic Impact of COVID-19 Pandemic”. Technical Report.
  • Shehzad, K., Sarfraz, M., and Shah, S. G. M. (2020). “The Impact of COVID-19 as a Necessary Evil on Air Pollution in India During the Lockdown”. Environmental Pollution. Vol. 266 Part 1, 115080. doi:10.1016/j.envpol.2020.115080.
  • WHO (n.d.). (2021) “WHO Coronavirus Disease (COVID-19) Dashboard”. Retrieved from https://covid19.who.int/
  • Zhou, S., Lu H. L., Liu, P., and Zheng, Z. (2020). “Global Health Governance for Travel Health: Lessons Learned from the Coronavirus Disease 2019 (COVID-19) Outbreaks in Large Cruise Ships”. Global Health Journal, Vol. 4 (4), pp. 133-138. doi:10.1016/j.glohj.2020.11.006.
There are 13 citations in total.

Details

Primary Language English
Subjects Engineering
Journal Section Articles
Authors

Hülya Cengiz 0000-0002-2011-3948

Eda Turan 0000-0002-8965-1744

Publication Date April 19, 2021
Published in Issue Year 2021 Volume: 17 Issue: 1

Cite

APA Cengiz, H., & Turan, E. (2021). BUSINESS IMPACT OF COVID-19 PANDEMIC ON GLOBAL MARITIME INDUSTRY. Journal of Naval Sciences and Engineering, 17(1), 43-75.