1.1. Stevedores- Hutchison Port Holding (HPH)
Stevedores is a port terminal operator that expanded into new markets to replicate their expertise in terminal operations and to diversify their revenue geographically (Jean-Paul Rodrigue, 2010). The Hong Kong based Hutchison Port Holdings is the worlds largest container operator, handling in 2014 more than 82 million TEU (Twenty Foot Equivalent Units), a 6% growth rate in volume in comparison with 2013 (Linton Nightingale, 2015).
HPH has one of the most technology-intensive commercial operations in the transport industry today, and this is one of the success factors. Currently HPH operates 52 ports in 26 countries (Hutchison Port Holding, 2015). It is of vital importance that company is investing in port modarnisation, for example is the Barcelona Europe South Terminal (BEST). HPH strengthens its relationship with Barcelona, making an investment of 150 million Euros in the expansion of the container terminal BEST, which will allows the port of Barcelona to become one of the major container hubs in the Mediterranean region. HPH aim was to build the port of Barcelona as one of the most modern container terminals in Europe and the result exceeded all expectations: the capacity of the terminal is one of the highest in the world (Revistarusa, 2015). Also In May 2007, a consortium of companies HPH and Turkish Global Yatirim Holding, EIB Limas received concession rights terminals operating in the Turkish port of Izmir. In August