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Effects of the Coronavirus Pandemic on Ports Revenues Applied Study on Sudanese Ports

Journal: International Journal of Trend in Scientific Research and Development (Vol.7, No. 6)

Publication Date:

Authors : ;

Page : 332-340

Keywords : Revenues; Coronavirus; Sudanese ports; Ships visiting; and Containers;

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Abstract

This study aims to investigate the effects of the coronavirus pandemic on the revenues of Sudanese ports and calculate revenue lost considering the procedures and restrictions of the Corona pandemic. It was conducted to evaluate the measurement of the lost revenues based on Baxter's approach 1995 . The analysis was carried out using the comparative method for Sudanese port activities between two periods, before and f during the pandemic epidemic. Data was collected from the annual reports for the period 2013 to 2021 from port authorities and shipping companies. The study revealed a decrease in port activities, despite the importance of Port Sudan port, which serves many landlocked countries, as the number of ships visiting the Sudanese ports decreased by 9.85 . In comparison, the number of containers handled decreased by 21.64 . Income lost from maritime activities was calculated for the arrival of ships at 1, 1,482,630.5 €, and commodity services at 43,125,524 €. Asaad Mubarak Hussien Musa | Bashir Bakri Agib Babiker | Rayan Alqubaysi "Effects of the Coronavirus Pandemic on Port's Revenues - Applied Study on Sudanese Ports" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-6 , December 2023, URL: https://www.ijtsrd.com/papers/ijtsrd60097.pdf Paper Url: https://www.ijtsrd.com/economics/commerce/60097/effects-of-the-coronavirus-pandemic-on-ports-revenues--applied-study-on-sudanese-ports/asaad-mubarak-hussien-musa

Last modified: 2024-02-06 18:34:54