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Displaying items by tag: Port Governance Trends

#PortGovernance - Independent management, masterplanning and digitalisation are among some of the trends in EU port governance highlighted by the European Sea Ports Organisation (ESPO) in its 2016 Fact-Finding Report.

Port Strategy writes that the report states most port authorities in Europe remain publicly owned. Full ownership by the state or by the municipality remains predominant, while only a few port authorities combine ownership of different government levels. Mix public-private ownership, meanwhile, is still much rarer and exists in just a few European countries.

The report noted, however, that seaports are moving towards more independent private-like management. “Compared to 2010, more port authorities are structured as independent commercial entities and operate in a commercially-orientated manner. In 2016, they account for 51%of the respondents. Next, 44% or port authorities are still independent public bodies with their own legal personality and different degrees of functional and financial dependency from the public administration,” it said.

To read more, click here.

Published in Ports & Shipping

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