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  • Author or Editor: Enrico Musso x
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Enrico Musso, Simona Sanguineti and Cécile Sillig

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Giovanni Satta, Francesco Parola, Enrico Musso and Francesco Vitellaro

Since the early 2000s, financial operators have been increasingly stimulated to seek new clients and additional investment opportunities in port infrastructures. Initially, they emerged as key players orchestrating big financial deals in the sector. Later on, they also became active investors in ports and related infrastructures. This chapter aims at identifying the intrinsic characteristics, objectives and global strategies of various types of financial operators, including investment banks, private equity funds, sovereign wealth funds and state-owned enterprises, pension funds and insurance companies, and investment holding companies, as well as multilateral financial institutions and development banks. In particular, by scrutinizing their strategic objectives and related implementation mechanisms, we focus on the temporal and spatial breakdown of their investments in cargo terminals and ports.

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Mina Akhavan, Hilda Ghiara, Ilaria Mariotti, Enrico Musso and Cécile Sillig

This chapter investigates the relationship between port cities and world cities. On the basis of an interlocking network for advanced logistics at European level, the study investigates: a) the attractiveness of cities/regions with a seaport to the location of the largest global third-party logistics (3PL) providers; and b) the correlation between the logistics connectivity (LGNC) of port cities and the physical distance between these port cities and nearby world cities. The econometric analysis highlights that in the case of port cities located very far from world cities they can concentrate advanced logistics function thanks to the impact of variable specialized knowledge centres (transport hubs). In contrast, if there is a world city nearby, it tends to ‘suck up’ the advanced logistics functions. The results suggest that in the case of port cities where advanced logistics has been sucked up by nearby world cities, a collaborative strategy can allow preferential access to skills not directly present, with positive effects for the core activities of both types of city.