IDEAS home Printed from https://ideas.repec.org/a/spd/journl/v69y2019i1-2p3-17.html
   My bibliography  Save this article

Configuration and Prospects of the Piraeus Shipping Cluster

Author

Listed:
  • George K. Vaggelas

    (Department of Shipping, Trade and Transport, University of the Aegean)

  • Athanasios A. Pallis

    (Department of Shipping, Trade and Transport, University of the Aegean)

Abstract

It is well verified, in both theory and practice, that clustering provides significant added value to participating companies. Shipping clusters in particular have been at the core of maritime and transport business strategies, with the most well known ones being developed around major international ports (i.e., London, New York, Singapore). This study examines the case of the shipping cluster currently existing in the major Greek port, Piraeus. Despite the fact that Greeks stand as the principal merchant fleet owners, the presence and structures of which remain unexplored, with relevant research efforts to detail it and industry initiatives to represent it being few and recent. The empirical part of the study sheds light on the size and features of the Piraeus shipping cluster, by presenting a categorisation and analysis of the several companies that are part of the shipping cluster under examination. The study also explores the rationale for the lack of a more extensive cluster development and integration at a well-known shipping centre that, among others, is linked with a dynamic port of international importance. Going beyond a ‘port cluster’ approach, the paper also searches for similarities and differences of the Piraeus shipping cluster with other shipping clusters. Aiming to provide input for policy development, as well as the background for further research, the paper concludes with a SWOT Analysis highlighting the initiatives that could increase the attractiveness and the functionality of the Piraeus shipping cluster.

Suggested Citation

  • George K. Vaggelas & Athanasios A. Pallis, 2019. "Configuration and Prospects of the Piraeus Shipping Cluster," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 69(1-2), pages 3-17, January-J.
    • Handle: RePEc:spd:journl:v:69:y:2019:i:1-2:p:3-17
    as

    Download full text from publisher

    File URL: https://spoudai.unipi.gr/index.php/spoudai/article/download/2717/2677/2717-3468-1-SM
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. J. Carlos Jarillo, 1988. "On strategic networks," Strategic Management Journal, Wiley Blackwell, vol. 9(1), pages 31-41, January.
    2. Folta, Timothy B. & Cooper, Arnold C. & Baik, Yoon-suk, 2006. "Geographic cluster size and firm performance," Journal of Business Venturing, Elsevier, vol. 21(2), pages 217-242, March.
    3. Valerie Brett & Michael Roe, 2010. "The potential for the clustering of the maritime transport sector in the Greater Dublin Region," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(1), pages 1-16, January.
    4. Du, Julan & Lu, Yi & Tao, Zhigang, 2008. "Economic institutions and FDI location choice: Evidence from US multinationals in China," Journal of Comparative Economics, Elsevier, vol. 36(3), pages 412-429, September.
    5. Wei Zhang & Jasmine Siu Lee Lam, 2013. "Maritime cluster evolution based on symbiosis theory and Lotka--Volterra model," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(2), pages 161-176, March.
    6. Wolfram Elsner, 2010. "Regional service clusters and networks. Two approaches to empirical identification and development: the case of logistics in the German port city-states Hamburg and Bremen," International Review of Applied Economics, Taylor & Francis Journals, vol. 24(1), pages 1-33.
    7. Theotokas, Ioannis, 2007. "Chapter 3 On Top of World Shipping: Greek Shipping Companies' Organization and Management," Research in Transportation Economics, Elsevier, vol. 21(1), pages 63-93, January.
    8. Angeliki Pardali & Evangelos Kounoupas & Iasonas Lainos, 2016. "Can clusters be bi-polar? Exploring the case of the Piraeus port–maritime cluster," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(6), pages 706-719, August.
    9. Jiajun Gu, 2008. "An empirical study on the relation between characteristics of enterprise Top Management Team and strategic decision in industry cluster of China," International Journal of Human Resources Development and Management, Inderscience Enterprises Ltd, vol. 8(1/2), pages 96-110.
    10. Patrick Biernacki & Dan Waldorf, 1981. "Snowball Sampling: Problems and Techniques of Chain Referral Sampling," Sociological Methods & Research, , vol. 10(2), pages 141-163, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shi, Xin & Jiang, Haizhou & Li, Huan & Xu, Dong, 2020. "Maritime cluster research: Evolutionary classification and future development," Transportation Research Part A: Policy and Practice, Elsevier, vol. 133(C), pages 237-254.
    2. Yang, Dong & Li, Chengkun & Li, Lu & Lai, Kee-hung & Lun, Venus Y.H., 2022. "Maritime cluster relatedness and policy implications," Transport Policy, Elsevier, vol. 128(C), pages 76-88.
    3. Peter J. Stavroulakis & Stratos Papadimitriou, 2017. "Situation analysis forecasting: the case of European maritime clusters," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(6), pages 779-789, August.
    4. Woo, Jong-Kyun & Moon, Daniel S.H. & Lam, Jasmine Siu Lee, 2018. "The impact of environmental policy on ports and the associated economic opportunities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 110(C), pages 234-242.
    5. Zhang, Wei & Lam, Jasmine Siu Lee, 2017. "An empirical analysis of maritime cluster evolution from the port development perspective – Cases of London and Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 105(C), pages 219-232.
    6. Wenming Shi & Kevin X. Li, 2017. "Themes and tools of maritime transport research during 2000-2014," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(2), pages 151-169, February.
    7. Efimova Elena & Vroblevskaya Svetlana, 2019. "Are Eastern Baltic Ports the drivers of Eurasian trade?," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 55(3), pages 268-281, September.
    8. van den Heuvel, Frank P. & de Langen, Peter W. & van Donselaar, Karel H. & Fransoo, Jan C., 2013. "Spatial concentration and location dynamics in logistics: the case of a Dutch province," Journal of Transport Geography, Elsevier, vol. 28(C), pages 39-48.
    9. Koliousis, Ioannis G. & Papadimitriou, Stratos & Riza, Elena & Stavroulakis, Peter J. & Tsioumas, Vangelis, 2019. "Strategic correlations for maritime clusters," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 43-57.
    10. Wang, Liang & Tan, Justin & Li, Wan, 2018. "The impacts of spatial positioning on regional new venture creation and firm mortality over the industry life cycle," Journal of Business Research, Elsevier, vol. 86(C), pages 41-52.
    11. Alba Rocio Gutierrez Garzon & Pete Bettinger & Jacek Siry & Bin Mei & Jesse Abrams, 2019. "The Terms Foresters and Planners in the United States Use to Infer Sustainability in Forest Management Plans: A Survey Analysis," Sustainability, MDPI, vol. 12(1), pages 1-20, December.
    12. Xu, Jiayi & Zhang, Xiao-Bing & Liu, Yang, 2024. "Asymmetric search behavior for gasoline prices: Evidence from the Chinese gasoline market," International Review of Economics & Finance, Elsevier, vol. 89(PB), pages 699-712.
    13. Nils Grashof, 2020. "Sinking or swimming in the cluster labour pool? A firm-specific analysis of the effect of specialized labour," Jena Economics Research Papers 2020-006, Friedrich-Schiller-University Jena.
    14. Candida G. Brush & Radha Chaganti, 1997. "Cooperative Strategies in Non-High-Tech New Ventures: An Exploratory Study," Entrepreneurship Theory and Practice, , vol. 21(2), pages 37-54, January.
    15. Arbia, Giuseppe & Espa, Giuseppe & Giuliani, Diego & Dickson, Maria Michela, 2014. "Spatio-temporal clustering in the pharmaceutical and medical device manufacturing industry: A geographical micro-level analysis," Regional Science and Urban Economics, Elsevier, vol. 49(C), pages 298-304.
    16. Du, Julan & Lu, Yi & Tao, Zhigang, 2012. "Institutions and FDI location choice: The role of cultural distances," Journal of Asian Economics, Elsevier, vol. 23(3), pages 210-223.
    17. Liao, Tsai-Ju, 2015. "Local clusters of SOEs, POEs, and FIEs, international experience, and the performance of foreign firms operating in emerging economies," International Business Review, Elsevier, vol. 24(1), pages 66-76.
    18. Laura Good & Rae Cooper, 2016. "‘But It's Your Job To Be Friendly’: Employees Coping With and Contesting Sexual Harassment from Customers in the Service Sector," Gender, Work and Organization, Wiley Blackwell, vol. 23(5), pages 447-469, September.
    19. Zhihua Xu & Anthony Yeh, 2013. "Origin Effects, Spatial Dynamics and Redistribution of FDI In Guangdong, China," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 104(4), pages 439-455, September.
    20. Xiaofeng Xu & Xiangyu Chen & Yi Xu & Tao Wang & Yifan Zhang, 2022. "Improving the Innovative Performance of Renewable Energy Enterprises in China: Effects of Subsidy Policy and Intellectual Property Legislation," Sustainability, MDPI, vol. 14(13), pages 1-24, July.

    More about this item

    Keywords

    Cluster analysis; shipping strategies; Piraeus;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spd:journl:v:69:y:2019:i:1-2:p:3-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SPOUDAI Journal of Economics and Business (email available below). General contact details of provider: https://edirc.repec.org/data/depirgr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.