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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.

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Published in Ports & Shipping

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.