Evaluation of Annually Report of Chamber of Shipping of Turkey With Respect to Forecasting Techniques
In this study, Chamber of shipping annually reports has been examined that how much forecasting techniques were used in and whether shipping companies/intuitions practice them during the investment process and company internal decisions. Literature on forecasting techniques were reviewed. Turkish Ch...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Istanbul University Press
2018-12-01
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| Series: | Journal of Transportation and Logistics |
| Subjects: | |
| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/789B08DE1027452B9FB9066C13E5A93E |
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| Summary: | In this study, Chamber of shipping annually reports has been examined that how much forecasting techniques were used in and whether shipping companies/intuitions practice them during the investment process and company internal decisions. Literature on forecasting techniques were reviewed. Turkish Chamber of Shipping Reports (CSR) 2013 has evaluated in terms of using the techniques. It was seen that only “average method” is used in the reports. After gathering this result four big shipping companies’ (Maersk, Msc, Uasc, Cma-cmg) manager, who are somehow or directly responsible for companies forecasting and market research issues, were interviewed The interviews were held by managers created some questions that should be asked to Chamber of Shipping in İstanbul. As a last step, we held an interview with Capt. Ahmet Tagmaç in İstanbul, who is coordinator of the report team and additionally prepared the economical evaluation chapter for the CSR and were talked about report preparation process, aims of reports, resource determination criterias and expectation of the shipping sector from the CSR. The last step of the study is to compare Turkish Chamber of Shipping report with another shipping report which was prepared in 2012 by DNV (Det Norske Veritas) which has a projection of shipping sector to 2020. We came a conclusion that when CSR was examined in respect of data quality, reliability and quantity the reports so much enough. It also has been confirmed during the interview with managers. Interviewees also highlighted the capability of the reports. However, when forecasting and market research techniques is considered, the reports are not enough. The lack of methods is interpreted by the Capt. Tagmaç that Chamber’s aim is not to make forecasts or research of any kind but to inform the sector. |
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| ISSN: | 2459-1718 |