Maritime Economic Logistics

TABLE 5

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 5. Domestic throughput as share of total throughput of leading Asian ITOs, 2004

International terminal operator Domestic throughput 2004 (M TEU) Domestic as share of total (%)
Hutchison port holdings7.516
PSA Corp.20.662
Cosco Pacifica 1.88
China Merchants Holdings Intla 4.434
New World Holdings1.139
Modern Terminals Ltd.4.456
CSX World Terminalsb n/an/a

a Figures for the two companies can be misleading since they are 'red chip' companies: mainland-originating companies incorporated and listed in Hong Kong with controlling Chinese shareholders. Most of their operations are located in the mainland though they are headquartered in Hong Kong.

b CSXWT was headquartered in the US although most of its business is generated in the Far East and South America until in December 2004 it was acquired by UAE's DPW and underwent a change in ownership.

  Source: company annual reports.

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