The Spatial Coverage of Shipping Lines and Container Terminal Operators

The aim of this paper is to provide a quantitative basis for the discussions about globalization of carriers and container terminal operators. A measuring framework is developed that allows for the comparison of the distribution of ship carrying capacity across various regions, and the comparison of the distribution of terminal throughput worldwide. This approach also allows the investigation of the degree to which liner shipping networks match related terminal portfolios. The main outcomes highlight significant differences between the geographical scope of liner networks, and between the coverage of corresponding terminal portfolios. Interesting results emerge from the matching of networks of integrated operators: early-movers such as Maersk and latecomers such as MSC have very different levels of vertical integration.