Maritime Transport and International Seaborne Trade
Chapter One
Objective of the study
The objectives of the study are;
- To evaluate the effectiveness of existing data privacy regulations and policies in protecting individuals’ personal information in the context of rapidly advancing digital technologies.
- To investigate and analyze the evolving landscape of data privacy challenges, with a specific focus on the risks and vulnerabilities associated with emerging technologies.
- To assess the data privacy practices implemented by organizations across various sectors.
CHAPTER TWO
REVIEWED OF RELATED LITERATURE
The dynamics of maritime transport and international seaborne
Maritime transport plays a pivotal role in global trade and international seaborne transportation. It is a dynamic and complex industry that involves the movement of goods, people, and resources across the world’s oceans. In this discussion, we will explore the dynamics of maritime transport and international seaborne trade,
Maritime transport is a cornerstone of international trade, accounting for approximately 80% of global trade by volume and 70% by value (UNCTAD, 2019). It provides a cost-effective and efficient means of transporting goods over long distances, connecting producers and consumers across different continents (Notteboom and Pallis, 2019).
The dynamics of maritime transport are closely tied to global trade trends. Over the years, there has been a steady increase in global trade volumes, driven by economic globalization and the expansion of international supply chains (World Trade Organization, 2020).
Containerization has revolutionized the maritime industry. The introduction of standardized containers has made loading and unloading ships more efficient and reduced transportation costs (Levinson, 2016). This has led to a significant increase in containerized cargo traffic.
The efficiency of maritime transport is highly dependent on the infrastructure and logistics at ports. Ports serve as crucial nodes in the global supply chain, and investments in port infrastructure have been on the rise to accommodate larger vessels and handle increased cargo volumes (Brooks et al., 2020).
The maritime industry has seen a trend towards shipping alliances and consolidation among shipping companies (Acciaro, 2018). These alliances aim to optimize vessel utilization and improve service reliability.
Environmental sustainability is becoming a key concern in maritime transport. The industry is under increasing pressure to reduce greenhouse gas emissions and adopt cleaner technologies, such as LNG-powered ships and the development of electric and hydrogen-fueled vessels (Song and Ng, 2019).
International regulations, such as those imposed by the International Maritime Organization (IMO), play a crucial role in shaping the dynamics of maritime transport. These regulations cover aspects like safety, security, and environmental protection (IMO, 2021).
CHAPTER THREE
RESEARCH METHODOLOGY
INTRODUCTION
In this chapter, we described the research procedure for this study. A research methodology is a research process adopted or employed to systematically and scientifically present the results of a study to the research audience viz. a vis, the study beneficiaries.
RESEARCH DESIGN
Research designs are perceived to be an overall strategy adopted by the researcher whereby different components of the study are integrated in a logical manner to effectively address a research problem. In this study, the researcher employed the survey research design. This is due to the nature of the study whereby the opinion and views of people are sampled. According to Singleton & Straits, (2009), Survey research can use quantitative research strategies (e.g., using questionnaires with numerically rated items), qualitative research strategies (e.g., using open-ended questions), or both strategies (i.e., mixed methods). As it is often used to describe and explore human behaviour, surveys are therefore frequently used in social and psychological research.
POPULATION OF THE STUDY
According to Udoyen (2019), a study population is a group of elements or individuals as the case may be, who share similar characteristics. These similar features can include location, gender, age, sex or specific interest. The emphasis on study population is that it constitutes of individuals or elements that are homogeneous in description.
This study was carried to examine martime transport and international seaborne trade. Apapa Wolfs in Lagos form the population of the study.
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
INTRODUCTION
This chapter presents the analysis of data derived through the questionnaire and key informant interview administered on the respondents in the study area. The analysis and interpretation were derived from the findings of the study. The data analysis depicts the simple frequency and percentage of the respondents as well as interpretation of the information gathered. A total of eighty (80) questionnaires were administered to respondents of which only seventy-seven (77) were returned and validated. This was due to irregular, incomplete and inappropriate responses to some questionnaire. For this study a total of 77 was validated for the analysis.
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
Introduction
It is important to ascertain that the objective of this study was to ascertain maritime transport and international seaborne trade. In the preceding chapter, the relevant data collected for this study were presented, critically analyzed and appropriate interpretation given. In this chapter, certain recommendations made which in the opinion of the researcher will be of benefits in addressing maritime transport and international seaborne trade
Summary
This study was on a critical analysis of maritime transport and international seaborne trade. Three objectives were raised which included: To evaluate the effectiveness of existing data privacy regulations and policies in protecting individuals’ personal information in the context of rapidly advancing digital technologies, to investigate and analyze the evolving landscape of data privacy challenges, with a specific focus on the risks and vulnerabilities associated with emerging technologies and to assess the data privacy practices implemented by organizations across various sectors.. A total of 77 responses were received and validated from the enrolled participants where all respondents were drawn from selected staff in Apapa wolfs in Lagos state. Hypothesis was tested using Chi-Square statistical tool (SPSS).
Conclusion
In closing, our study underscores the ever-evolving nature of maritime transport and international seaborne trade. As global trade patterns shift and technological innovations continue to reshape the industry, adaptability and foresight will be key to harnessing the full potential of this essential sector. With strategic investments and a commitment to sustainability and collaboration, Apapa wolfs and similar ports worldwide can navigate the complex currents of international trade and continue to be vital hubs of global commerce in the decades to come.
Recommendation
- Continue investments in upgrading and expanding Apapa wolf’s infrastructure, including berths, cargo handling equipment, and navigation channels. Modernizing facilities will improve the efficiency and capacity of the port.
- Collaborate with relevant authorities to develop and upgrade transportation corridors leading to and from the port. Address road and rail connectivity to reduce congestion and improve the flow of cargo.
- Encourage trade diversification by exploring new markets and industries. Reducing reliance on a limited set of trading partners and cargo types can mitigate risks associated with economic fluctuations.
References
- United Nations Conference on Trade and Development (UNCTAD). (2019). Review of Maritime Transport. Retrieved from https://unctad.org/system/files/official-document/rmt2019_en.pdf
- Notteboom, T., & Rodrigue, J. (2008). Port Regionalization: Towards a New Phase in Port Development. Maritime Policy & Management, 35(3), 207-224.
- Ruggiero, V. (2021). The Geopolitical Impact of Maritime Chokepoints. Retrieved from https://www.rand.org/pubs/research_reports/RRA105-1.html
- Holmes, J. R., & Yoshihara, T. (2008). China’s Naval Nationalism: Sources, Prospects, and the U.S. Response. Naval War College Review, 61(4), 18-48.
- International Maritime Organization (IMO). (2020). Sulfur 2020 – Cutting Sulphur Oxide Emissions. Retrieved from https://www.imo.org/en/MediaCentre/HotTopics/Pages/Sulphur-2020.aspx
- (2021). Piracy and Armed Robbery against Ships. Retrieved from https://www.imo.org/en/OurWork/Security/PiracyArmedRobbery/Pages/default.aspx
- United Nations (UN). (2017). Security Council Resolution 2375 (2017). Retrieved from https://undocs.org/en/S/RES/2375(2017)Organisation for Economic Co-operation and Development (OECD). (2020). The Impact of Digitalisation on International Shipping.
