Article
Terminal concessions in seaports revisited
In many countries around the world, governments and public port authorities have
retreated from port operations in the belief that enterprise-based port services and
operations would allow for greater flexibility and efficiency in the market (through
more competition) and a better response to consumers’ demands. In this new
environment, the awarding of port terminals to private operators has become a
common practice. This can take different forms ranging from management
contracts/leases to BOT arrangements, with each type having specific modalities
with regard to the spread of investments and of risks. In particular, concession policy
has become a powerful governance tool for port managers. Compared with the sale
of assets to private operators, concession policy allows port authorities to retain
some control on the organisation and structure of the supply side of the port market
Judul | Edisi | Bahasa |
---|---|---|
Maritime policy in the North Sea region : application of the cluster approach | Vol. 16, 4, 484–500 | en |
A new approach to granting terminal concessions: the case of the Rotterdam World Gateway terminal | VOL. 39, NO. 1, 79–90 | en |