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Unveiling co-operative networks and 'hidden families' in the container port industry

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  • Francesco Parola
  • Giovanni Satta
  • Simone Caschili

Abstract

Over the last few years, the progressive scarcity of land for greenfield projects in ports and the enormous financial resources required to realize new terminal facilities have induced international terminal operators (ITOs) to enter in various types of agreements. In particular, ITOs have growingly resorted to equity joint-ventures (EJVs) to develop new infrastructures and share project risks.This manuscript introduces a multi-layer conceptual framework and investigates the extent of EJVs through a network analysis of inter-firm communities across various nations. The study has been performed on a data set that includes all port facilities operated in 2010 by ITOs. Indeed, 427 terminal facilities and 250 container port operators, that is 40 ITOs and 210 local firms, have been examined. Results show the different co-operative attitudes of ITOs and demonstrate that firms co-operate in a selective way, disclosing emerging patterns and hidden networks of relationships.

Suggested Citation

  • 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.
  • Handle: RePEc:taf:marpmg:v:41:y:2014:i:4:p:384-404
    DOI: 10.1080/03088839.2013.782442
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    2. Daniele Crotti & Claudio Ferrari & Alessio Tei, 2020. "Merger waves and alliance stability in container shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 446-472, September.
    3. 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.
    4. Notteboom, Theo E. & Parola, Francesco & Satta, Giovanni & Pallis, Athanasios A., 2017. "The relationship between port choice and terminal involvement of alliance members in container shipping," Journal of Transport Geography, Elsevier, vol. 64(C), pages 158-173.
    5. 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.
    6. Marcella De Martino, 2021. "Value Creation for Sustainability in Port: Perspectives of Analysis and Future Research Directions," Sustainability, MDPI, vol. 13(21), pages 1-17, November.

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