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...

The paper examines the financial statements and accounts of the twelve major Greek ports and proceeds to an empirical evaluation of the port entities' financial performance over a time span that corresponds to the sector's reorganization. Since the late 1990s the port sector in Greece has...