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Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis

Received: 22 September 2021     Accepted: 20 October 2021     Published: 29 October 2021
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Abstract

The functions of VTS are to ensure the security of waterways in the port, improve the efficiency of vessel navigation and avoid the pollution of the water, which is an important approach to water traffic management. It has apparent achievements in enhancing port operation efficiency and promoting the development of related industries. As a public service, the investment and operation cost of VTS is high. It has significant indirect economic and social benefits but relatively small direct economic benefits or profits. There is a lack of a unified method for the quantitative assessment of the VTS economic benefits. It is a meaningful topic that should be further explored in theoretical research. This paper analyzes and evaluates the connotation of VTS economic benefits and defines the scope of direct and indirect economic benefits. The direct economic benefits are classified with the specific business of VTS to establish a basic model, and sampling analysis is used to measure them in the application. For indirect economic benefits, the Input-Output Analysis (I-O) is used to measure them. The operational data of the Tianjin VTS is used as an example for verification. The correct understanding and evaluation of direct and indirect economic benefits generated by VTS is an inherent requirement to reflect the operational performance of VTS objectively and provides a scientific decision-making basis for the continuous investment and operation of VTS.

Published in American Journal of Traffic and Transportation Engineering (Volume 6, Issue 5)
DOI 10.11648/j.ajtte.20210605.12
Page(s) 139-146
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Vessel Traffic Service, Economic Evaluation, Economic Benefits, Input-output Analysis

References
[1] M. Wm. Hans, (1976). COST-BENEFIT ANALYSIS FOR VESSEL TRAFFIC SYSTEMS. Proceedings of an international symposium, p. 11-15.
[2] Tian H. W., (2000) Cost-Benefit Analysis of Vessel Traffic Management System, Dalian Maritime University, p. 64.
[3] Liu, R. J., Shao, F. M. & Liu, X. O. (2001). Evaluation issues of investment and benefit of VTS system. Proceedings of the 2001 Annual Academic Exchange Conference of the China Navigation Society, p. 129-132.
[4] Shao, C. F., (2002) Vessel Traffic Management System Benefit Evaluation and Hazard Assessment, Dalian Maritime University, p. 72.
[5] George Bushell, Dr Tony Quon, Peter Everson. (1992). Assessing the benefits and costs of VTS: A Canadian example with emphasis on risk assessment and environment protection, Proceedings of the seventh international symposium on vessel traffic services, Canada, June.
[6] IALA, Vessel Traffic Services Manual, Ed. 6. June 2016.
[7] Xie Xie, Gao Yu. (2010). Methodology for measuring the social contribution of maritime economy. China Maritime, 05, 52-55.
[8] Lu, H. (2016). Study on the effectiveness evaluation of Qingdao VTS. Dalian Maritime University.
[9] Li Huawen. (2010). Economic and social impact evaluation of ship traffic management system. Dalian Maritime University.
[10] Cao Desheng. (2018). Introduction to performance assessment of ship traffic management system. People's Traffic Publisher.
[11] Lee, G., Kim, S. Y., & Lee, M. K. (2015). Economic evaluation of vessel traffic service (VTS): A contingent valuation study. Marine Policy, 61, 149-154.
[12] Mou, J. M., Zhou, C., Du, Y., & Tang, W. M. (2015). Evaluate VTS benefits: A case study of Zhoushan Port. International Journal of e-Navigation and Maritime Economy, 3, 22-31.
[13] Shi, G., Fang, X. (2004). Research on Evaluation of Benefit and Risk Assessment of Port VTS. International Symposium on Vessel Traffic Services, ISVTS2004, Hong Kong, pp. 111-119.
Cite This Article
  • APA Style

    Zeng Luling, Jiang Zhengxiong, Ren Lvzhen, Duan Xingfeng. (2021). Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis. American Journal of Traffic and Transportation Engineering, 6(5), 139-146. https://doi.org/10.11648/j.ajtte.20210605.12

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    ACS Style

    Zeng Luling; Jiang Zhengxiong; Ren Lvzhen; Duan Xingfeng. Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis. Am. J. Traffic Transp. Eng. 2021, 6(5), 139-146. doi: 10.11648/j.ajtte.20210605.12

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    AMA Style

    Zeng Luling, Jiang Zhengxiong, Ren Lvzhen, Duan Xingfeng. Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis. Am J Traffic Transp Eng. 2021;6(5):139-146. doi: 10.11648/j.ajtte.20210605.12

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  • @article{10.11648/j.ajtte.20210605.12,
      author = {Zeng Luling and Jiang Zhengxiong and Ren Lvzhen and Duan Xingfeng},
      title = {Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis},
      journal = {American Journal of Traffic and Transportation Engineering},
      volume = {6},
      number = {5},
      pages = {139-146},
      doi = {10.11648/j.ajtte.20210605.12},
      url = {https://doi.org/10.11648/j.ajtte.20210605.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtte.20210605.12},
      abstract = {The functions of VTS are to ensure the security of waterways in the port, improve the efficiency of vessel navigation and avoid the pollution of the water, which is an important approach to water traffic management. It has apparent achievements in enhancing port operation efficiency and promoting the development of related industries. As a public service, the investment and operation cost of VTS is high. It has significant indirect economic and social benefits but relatively small direct economic benefits or profits. There is a lack of a unified method for the quantitative assessment of the VTS economic benefits. It is a meaningful topic that should be further explored in theoretical research. This paper analyzes and evaluates the connotation of VTS economic benefits and defines the scope of direct and indirect economic benefits. The direct economic benefits are classified with the specific business of VTS to establish a basic model, and sampling analysis is used to measure them in the application. For indirect economic benefits, the Input-Output Analysis (I-O) is used to measure them. The operational data of the Tianjin VTS is used as an example for verification. The correct understanding and evaluation of direct and indirect economic benefits generated by VTS is an inherent requirement to reflect the operational performance of VTS objectively and provides a scientific decision-making basis for the continuous investment and operation of VTS.},
     year = {2021}
    }
    

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  • TY  - JOUR
    T1  - Economic Evaluation of Vessel Traffic Service (VTS) Based on Survey Data and I.O. Analysis
    AU  - Zeng Luling
    AU  - Jiang Zhengxiong
    AU  - Ren Lvzhen
    AU  - Duan Xingfeng
    Y1  - 2021/10/29
    PY  - 2021
    N1  - https://doi.org/10.11648/j.ajtte.20210605.12
    DO  - 10.11648/j.ajtte.20210605.12
    T2  - American Journal of Traffic and Transportation Engineering
    JF  - American Journal of Traffic and Transportation Engineering
    JO  - American Journal of Traffic and Transportation Engineering
    SP  - 139
    EP  - 146
    PB  - Science Publishing Group
    SN  - 2578-8604
    UR  - https://doi.org/10.11648/j.ajtte.20210605.12
    AB  - The functions of VTS are to ensure the security of waterways in the port, improve the efficiency of vessel navigation and avoid the pollution of the water, which is an important approach to water traffic management. It has apparent achievements in enhancing port operation efficiency and promoting the development of related industries. As a public service, the investment and operation cost of VTS is high. It has significant indirect economic and social benefits but relatively small direct economic benefits or profits. There is a lack of a unified method for the quantitative assessment of the VTS economic benefits. It is a meaningful topic that should be further explored in theoretical research. This paper analyzes and evaluates the connotation of VTS economic benefits and defines the scope of direct and indirect economic benefits. The direct economic benefits are classified with the specific business of VTS to establish a basic model, and sampling analysis is used to measure them in the application. For indirect economic benefits, the Input-Output Analysis (I-O) is used to measure them. The operational data of the Tianjin VTS is used as an example for verification. The correct understanding and evaluation of direct and indirect economic benefits generated by VTS is an inherent requirement to reflect the operational performance of VTS objectively and provides a scientific decision-making basis for the continuous investment and operation of VTS.
    VL  - 6
    IS  - 5
    ER  - 

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Author Information
  • Law School, Shanghai Maritime University, Shanghai, China

  • Law School, Shanghai Maritime University, Shanghai, China

  • Navigation College, Jimei University, Xiamen, China

  • Navigation College, Jimei University, Xiamen, China

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