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The Effect of Inspection on Competition in Maritime Transportation: An Analysis of Oil Tankers
Talha Yalnız1, Oktay Çetin2, Zehra Yalnız31Piri Reis University, Maritime Transportation Management Engineering Programme, Institute of Graduate Studies, İstanbul, Türkiye2Kocaeli University Faculty of Economics, Institute of Social Sciences, Kocaeli Türkiye
3Kocaeli University Faculty of Economics, Kocaeli Türkiye
In maritime transport, the cornerstone of global trade, the inspection processes of ships stand out as a critical factor that directly affects competition. International ship inspection regimes shape the dynamics of sectoral competition by assessing the extent to which ships comply with international legislation. In this study, Paris MoU's inspection data for six years (2019-2024) divided into 24 quarters are analyzed and competition analysis is conducted according to the age of oil tankers using the Ship Inspection Competition Index (SICI). In addition, forecasts for all quarters through the end of 2025 were generated using ARIMA model based on SICI results. The results show that removing oil tankers from the fleet when they reach 10 years of age would be an appropriate strategy for shipping companies to maintain and improve their competitive advantage. It is evaluated that this study can provide significant benefits in fleet management and strategic decision-making processes in the maritime industry, and also provides a valuable academic framework for measuring current competitive dynamics and predicting future trends with the integration of SICI and ARIMA methods.
Keywords: Competition, Inspection, Maritime business management, SICI, ARIMAManuscript Language: English