Metrics for Assessing Overall Performance of Inland Waterway Ports: A Bayesian Network Based Approach

Because ports are considered to be the heart of the maritime transportation system, thereby assessing port performance is necessary for a nation’s development and economic success. This study proposes a novel metric, namely, “port performance index (PPI)”, to determine the overall performance and ut...

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Published inComplexity (New York, N.Y.) Vol. 2019; no. 2019; pp. 1 - 17
Main Authors Buchanan, Randy K., Marufuzzaman, Mohammad, Hosseini, Seyedmohsen, Jaradat, Raed, Nur, Farjana, Hossain, Niamat Ullah Ibne, Puryear, Stephen M.
Format Journal Article
LanguageEnglish
Published Cairo, Egypt Hindawi Publishing Corporation 01.01.2019
Hindawi
John Wiley & Sons, Inc
Hindawi Limited
Wiley
Subjects
Bayesian analysis
Competition
Criteria
Data envelopment analysis
Economic impact
Economics
Impact analysis
Marine transportation
Maritime policy
Performance indices
Performance management
Ports
Productivity
Rankings
Reliability engineering
Rivers
Sensitivity analysis
Shipping industry
Site selection
Software
Statistical analysis
Transportation systems
United States > US
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Summary:Because ports are considered to be the heart of the maritime transportation system, thereby assessing port performance is necessary for a nation’s development and economic success. This study proposes a novel metric, namely, “port performance index (PPI)”, to determine the overall performance and utilization of inland waterway ports based on six criteria, port facility, port availability, port economics, port service, port connectivity, and port environment. Unlike existing literature, which mainly ranks ports based on quantitative factors, this study utilizes a Bayesian Network (BN) model that focuses on both quantitative and qualitative factors to rank a port. The assessment of inland waterway port performance is further analyzed based on different advanced techniques such as sensitivity analysis and belief propagation. Insights drawn from the study show that all the six criteria are necessary to predict PPI. The study also showed that port service has the highest impact while port economics has the lowest impact among the six criteria on PPI for inland waterway ports.
ISSN:1076-2787
1099-0526
DOI:10.1155/2019/3518705