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Private Entry and Emerging Partnerships in Container Terminal Operations: Evidence from Asia

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  • Daniel Olivier

    (Department of Geography, The University of Hong Kong, Pokfulam Road, Hong Kong.)

Abstract

This paper seeks to expand understanding of inter-firm partnerships in the maritime sector. The paper recognises ocean carriers and global terminal operators as leading agents of change in the container port industry. While useful, the extant literature's focus on strategic alliances among mega-carriers neglects the role of terminals in defining firms' global strategies in logistical expansion. Meanwhile, rapidly expanding port-operating transnational corporations (TNC) are forcing fundamental shifts in partnership dynamics, defining port–carrier interaction. A multilayered network framework is introduced to build a conceptual link between private entry and emerging partnerships in the container terminal industry. Evidence from Asian ports and Asian TNCs are provided in support of this. The paper concludes by stressing the need to recognise heterogeneity among strategic entry paths available to private entrants in their stake over container terminal operation and finance. Maritime Economics & Logistics (2005) 7, 87–115. doi:10.1057/palgrave.mel.9100131

Suggested Citation

  • Daniel Olivier, 2005. "Private Entry and Emerging Partnerships in Container Terminal Operations: Evidence from Asia," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 7(2), pages 87-115, June.
    • Handle: RePEc:pal:marecl:v:7:y:2005:i:2:p:87-115
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    Citations

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    Cited by:

    1. Soppé, Martin & Parola, Francesco & Frémont, Antoine, 2009. "Emerging inter-industry partnerships between shipping lines and stevedores: from rivalry to cooperation?," Journal of Transport Geography, Elsevier, vol. 17(1), pages 10-20.
    2. Parola, Francesco & Veenstra, Albert W., 2008. "The spatial coverage of shipping lines and container terminal operators," Journal of Transport Geography, Elsevier, vol. 16(4), pages 292-299.
    3. Satta, Giovanni & Notteboom, Theo & Parola, Francesco & Persico, Luca, 2017. "Determinants of the long-term performance of initial public offerings (IPOs) in the port industry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 103(C), pages 135-153.
    4. Geraldine Knatz & Theo Notteboom & Athanasios A. Pallis, 2022. "Container terminal automation: revealing distinctive terminal characteristics and operating parameters," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 24(3), pages 537-565, September.
    5. Parola, Francesco & Notteboom, Theo & Satta, Giovanni & Rodrigue, Jean-Paul, 2013. "Analysis of factors underlying foreign entry strategies of terminal operators in container ports," Journal of Transport Geography, Elsevier, vol. 33(C), pages 72-84.
    6. Francesca Medda & Qianwen Liu, 2013. "Determinants and strategies for the development of container terminals," Journal of Productivity Analysis, Springer, vol. 40(1), pages 83-98, August.
    7. Francesco Parola & Giovanni Satta & Simone Caschili, 2014. "Unveiling co-operative networks and 'hidden families' in the container port industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(4), pages 384-404, July.
    8. Eon-Seong Lee & Dong-Wook Song, 2010. "Knowledge management for maritime logistics value: discussing conceptual issues," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(6), pages 563-583, November.
    9. Athanasios A. Pallis & Francesco Parola & Giovanni Satta & Theo E. Notteboom, 2018. "Private entry in cruise terminal operations in the Mediterranean Sea," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 1-28, March.
    10. Giovanni Satta, 2017. "Initial public offerings in the port industry: exploring the determinants of underpricing," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(8), pages 1012-1033, November.
    11. Satta, Giovanni & Parola, Francesco & Persico, Luca, 2014. "Temporal and Spatial Constructs in Service Firms' Internationalization Patterns: The Determinants of the Accelerated Growth of Emerging MNEs," Journal of International Management, Elsevier, vol. 20(4), pages 421-435.
    12. Yang, Dong & Notteboom, Theo & Zhou, Xin, 2021. "Spatial, temporal and institutional characteristics of entry strategies in inland container terminals: A comparison between Yangtze River and Rhine River," Journal of Transport Geography, Elsevier, vol. 90(C).
    13. Pierre, Cariou & Francesco, Parola & Theo, Notteboom, 2019. "Towards low carbon global supply chains: A multi-trade analysis of CO2 emission reductions in container shipping," International Journal of Production Economics, Elsevier, vol. 208(C), pages 17-28.
    14. Ng, Adolf K.Y. & Ducruet, César & Jacobs, Wouter & Monios, Jason & Notteboom, Theo & Rodrigue, Jean-Paul & Slack, Brian & Tam, Ka-chai & Wilmsmeier, Gordon, 2014. "Port geography at the crossroads with human geography: between flows and spaces," Journal of Transport Geography, Elsevier, vol. 41(C), pages 84-96.
    15. Theo Notteboom & Jean-Paul Rodrigue, 2012. "The corporate geography of global container terminal operators," Maritime Policy & Management, Taylor & Francis Journals, vol. 39(3), pages 249-279, May.
    16. Liehui Wang & Yuanbo Zheng & Cesar Ducruet & Fan Zhang, 2019. "Investment Strategy of Chinese Terminal Operators along the “21st-Century Maritime Silk Road”," Sustainability, MDPI, vol. 11(7), pages 1-21, April.
    17. Panayides, Photis M. & Parola, Francesco & Lam, Jasmine Siu Lee, 2015. "The effect of institutional factors on public–private partnership success in ports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 71(C), pages 110-127.
    18. Giovanni Satta & Francesco Parola & Simone Caschili, 2014. "Dealing with uncertainty and volatility in the port industry network: social and instrumental antecedents of "clique" survival," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(7), pages 615-633, December.
    19. Su-Han Woo & Stephen Pettit & Anthony Beresford & Dong-Wook Kwak, 2012. "Seaport Research: A Decadal Analysis of Trends and Themes Since the 1980s," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 351-377, January.
    20. Liehui Wang & Yuanbo Zheng & César Ducruet & Fan Zhang, 2019. "Investment Strategy of Chinese Terminal Operators along the “21st-Century Maritime Silk Road”," Post-Print halshs-02092097, HAL.
    21. Antoine Fremont & F Parola & Martin Soppe, 2007. "Vertical adjustments between liner shipping and container handling industry on the global scale: divide et impera ?," Post-Print hal-02123048, HAL.

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