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International Maritime Business. Comparison of the German and the Greek maritime clusters

Seminar paper from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, Hamburg School of Business Administration gGmbH (Maritime School), language: English, abstract: The purpose of this paper is to analyze the differences and similarities among shipping firms in the German and the Greek maritime clusters. In this context, market, financial, organizational, human resources and management related issues are identified and discussed. The two major European players in the global shipping market, namely the German and the Greek shipping firms, are currently facing several enormous challenges. The impact of global economic downturn, the crisis in the main shipping sectors and the changes in the pattern of world trade all profoundly affect the maritime transport industry (De Monie, Rodrigue und Notteboom 2011). However the Greek shipping companies seem to manage their businesses in the crisis more successfully than their German competitors. Therefore a report on the differences and similarities among shipping firms in the German and the Greek maritime clusters is of high interest. Even though both players focus on different segments in the maritime markets, that have different rules and conditions, the main parameters and aspects of their businesses will be compared. The focus of this report lies on market, financial, organizational, management and human resources related issues. Since these issues mainly touch strategic management decisions, this report will not go to deeply into the operational aspects of the businesses such as using Key Performance Indicators (KPI ́s) or other methods and applications that would serve these types of issues. The use of KPI ́s would also demand the same source of their collection to have an objective analysis, but since both players operate on different markets, only a small proportion of their KPI ́s would be comparable. Furthermore this paper will focus purely on companies that operate ships. Hence, ports, hinterland-logistics, education- or administration-facilities belonging to the maritime cluster will not be taken into account. After the German and Greek shipping firms have been compared, the report will highlight aspects that differentiate the particular maritime clusters and conclude with similar short prospects both players likely will face in the future.

Seminar paper from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, Hamburg School of Business Administration gGmbH (Maritime School), language: English, abstract: The purpose of this ...

Transformation Index BTI 2022

Governance in International Comparison

Managing the peaceful transition of authoritarian states to democracy and a market-economic system represents a tremendous challenge. Whether it comes to reconstituting the coherency of the state following armed conflict, expanding participation rights and the rule of law in emerging democracies, overcoming corrupt structures, fighting poverty and inequality, or establishing clear rules for stable market-economic competition, the requirements are enormous, and the pressure on responsible leaders is intense. After all, the quality of governance makes an essential contribution to the success or failure of transformation processes. Accordingly, the Bertelsmann Stiftung's Transformation Index (BTI) systematically places political decision-makers' steering capability at the heart of its analysis and, as a result, is the only index in the world that measures and compares the quality of governance with self-collected data. This is done in the firm conviction that the ongoing comparative study of transformation processes is invaluable for the successful design of reforms and holds enormous global potential to learn from different political strategies for steering change, even though diverse traditions, power configurations, resources and cultures necessarily make each transformation process unique. The BTI measures and compares transition processes in 137 transformation countries with data collected between 2019 and 2021, and establishes their global rating based on detailed country reports. Now in its tenth edition, it offers the opportunity to understand long-term trends and global developments through the analysis of time-series data. The spotlight on current developments is thus complemented by almost two decades of data that captures the most varied transformation processes and puts into perspective recent progress and setbacks on the way to democracy and a market economy.

This is done in the firm conviction that the ongoing comparative study of transformation processes is invaluable for the successful design of reforms and holds enormous global potential to learn from different political strategies for ...

Environmental and Economic Comparison of Cooling System Designs for Steam-electric Power Plants

The selection of waste heat rejection systems for steam-electric power plants involves a trade-off among environmental, energy and water conservation, and economic factors. This study compares four general types of cooling systems on the basis of these factors. The cooling systems chosen for study are: once-through systems including surface canals and submerged multiport diffusers; shallow closed cycle cooling ponds; mechanical and natural draft evaporative cooling towers; and mechanical draft dry towers. The cooling system comparison involves, first, an optimization of each cooling system and then a comparison among optimal systems. Comparison is made for an 800 MWe fossil unit and a 1200 MWe nuclear unit located at a hypothetical midwestern river site. A set of models has been developed to optimize the components of each cooling system based on the local meteorological and hydrological conditions at the site in accordance with a fixed demand, scalable plant concept. This concept allows one to compare the costs of producing the same net power from each plant/cooling system. Base case economic parameters were used to evaluate the optimum system for each of the four general cooling systems followed by a sensitivity study for each parameter. Comparison of energy and water consumption follows from the results of the performance model, while comparison of environmental impacts is mostly qualitative. Some quantitative modelling was performed for the environmental effects of thermal discharges from once-through systems, fogging from wet cooling towers and water consumption from the ponds, wet towers and once-through. The results of the optimization models of each of the systems are compared on the basis of: performance - discrete distributions of environmental conditions and transient simulation; economics - using base case scenarios and sensitivity values to arrive at costs expressed in terms of production costs, annualized costs and present value costs; energy and water consumption; and environmental effects. The once-through systems were found to be the least expensive of the four systems, the most energy efficient, but potentially the most environmentally damaging. On the other extreme, dry cooling towers are the most environmentally sound while being the most expensive and least energy efficient. Finally, the results of the economic optimization are compared with results from previous comparative studies.

The selection of waste heat rejection systems for steam-electric power plants involves a trade-off among environmental, energy and water conservation, and economic factors.

Karst and Paleohydrology of Carbonate Rock Terranes in Semiarid and Arid Regions with a Comparison to Humid Karst of Alabama

More recently , the discovery of natural gas and petroleum has stimulated the region's economic structure . Mobile County dominates the economic activity . In 1967 , the latest year for which U.S. Department of Commerce statistics are ...