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.
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