Ports are the key elements of maritime transportation, which is crucial for world trade. Approximately 180 port facilities are located in Turkey. After 2007, 5 of the ports, which are formerly owned by Turkish Republic Railways Administration (TRRA), are privatized. The aim of the study is to evaluate the performance of these privatized ports by multi-criteria decision-making (MCDM) approach.

    Design/methodology/approach

    The application process is performed by a MCDM model. This model includes both criteria (dry bulk, liquid bulk, general cargo, container, RO-RO capacity, total port area, total berth, total berths length and depth) and alternatives (Mersin, Samsun, Bandirma, Iskenderun and Derince Ports). It determines the weights of the criteria by entropy and ranks the alternatives by ARAS and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) methods.

    Findings

    The results of entropy, ARAS and TOPSIS methods are compared. According to these results, “container” is the most important criteria while Mersin port has the best performance.

    Originality/value

    In the literature, most of the studies about this subject were analyzed by data envelopment analysis (DEA) and there are no studies had been taken into consideration ports that are owned by TRRA, in Turkey. Moreover, few of these studies used integrated MCDM models, and this is the first study that integrates entropy, ARAS and TOPSIS methods in this field.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Performance evaluation of privatized ports by entropy based TOPSIS and ARAS approach


    Additional title:

    Performance evaluation of privatized ports


    Contributors:

    Published in:

    Publication date :

    2021-04-29


    Size :

    18 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




    Analysis of operational and financial performance of ports: an integrated fuzzy DEMATEL-TOPSIS approach

    Gayathri, C. / Kamala, V. / Gajanand, M.S. et al. | Emerald Group Publishing | 2021




    Privatized ATC: A Report Card

    Esler, D. | British Library Online Contents | 2004