Maritime Economic Logistics

TABLE 2

FROM:

The Time Scale of Internationalisation: The Case of the Container Port Industry

Daniel Olivier, Francesco Parola, Brian Slack and James J Wang

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Table 2. Leading 20 TNCs in the container terminal industry, 2005

TNC Country of origina Number of terminal projects in operation Million TEU 2005
1* Hutchison Port Holdingsb Hong Kong4451.8
2* APM Terminalsc Denmark4742.9
3* PSA Internationalb Singapore2540.3
4* China Merchants Holdings Int.Hong Kong1224.5
5* P&O Portsd UK3023.8
6* COSCO PacificHong Kong2014.7
7* Dubai Ports Worldc UAE1412.9
8* Eurogate/Eurokai GroupGermany1212.1
9# Evergreen Marine Corp.Taiwan138.7
10# Mediterranean Shipping Co.Switzerland137.8
11* SSA MarineUS117.3
12* New World Holdingse Hong Kong65.4
13* Hamburger Hafen LAGermany76.0
14# NOL/APLSingapore95.7
15* Modern Terminals Ltd.Hong Kong55.0
16# Hanjin ShippingSouth Korea114.9
17# OOCLf Hong Kong64.3
18# NYK LineJapan114.2
19* DragadosSpain103.6
20# CMA-CGMFrance73.4

a Hong Kong, Taiwan and China are considered separate political entities.

b PSA International acquired 20% of Hutchison Port Holdings (HPH) in 2006.

c APM Terminals figures include former P&O Nedlloyd port network.

d Dubai Ports World acquired P&O Ports in March 2006. But, in December 2006, the former P&O Ports North America division (six terminal facilities in the US) was sold by DPW to a US corporation, AIG Global Investment Group.

e Data is for 2003.

f In November 2006 OOIL, parent company of OOCL, sold four of its North American terminals (except the facility in Long Beach) to the Ontaorio Teachers Pension Fund.

  *=ITOs #=Ocean carriers.

  Source: Drewry, 2006; company annual reports; authors own database.

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