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New York). Variations on these developments are now found throughout the world (Hilling and Browne, 1998). 4 Industrial clusters in ports A port authority may seek to attract a few (or even just one) large tenant or a larger number of smaller tenants. There are arguments for and against each approach. The case for having a larger number of tenants is that many businesses of a similar type may congregate in the same area to their mutual benefit. The concept of “clusters” in which businesses support each other is widespread.

687). g. a refrigerator), may be considered as a value-added logistics activity. Another aspect of reverse logistics is the repair of returned damaged products or components. Manufacturers may ask logistics service providers to set up a repair area in their distribution centre and do repair work and the exchange of components, rather than undertake the process themselves. 2 Location of logistics centres Bowersox and others (2002) refer to the “local presence paradigm”, which states that “a firm must have facilities in local markets to successfully conduct business” (p.

ECT left Trieste after a one-and-a-half year effort to operate the Molo VII container terminal. Both contractors decided that future losses would be greater than the cost of pulling out. A service provider that participates in the financing of an activity is clearly in a better bargaining position than one who does not. Source: Extracted from World Bank (2001). Three major approaches have been identified for the development of surplus port land (World Bank, 2001; Department of Transport, Republic of Ireland, 2006): Firstly, redevelopment performed by the port authority thus extending its function from that of a port into a property developer, which may require modifications to its statutes.

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