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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

About Match Racing

A match race is a race between two competitors, going head-to-head.

In yacht racing, it is differentiated from a fleet race, which almost always involves three or more competitors competing against each other, and team racing where teams consisting of 2, 3 or 4 boats compete together in a team race, with their results being combined.

A match race consists of two identical boats racing against each other. With effective boat handling and clever use of wind and currents, a trailing boat can escape the grasp of the leader and pass. The leader uses blocking techniques to hold the other boat back. This one-on-one duel is a game of strategy and tactics.

About the World Match Racing Tour

Founded in 2000, the World Match Racing Tour (WMRT) promotes the sport of match racing around the world and is the longest running global professional series in the sport of sailing. The WMRT is awarded ‘Special Event’ status by the sport’s world governing body – World Sailing – and the winner of the WMRT each year is crowned World Sailing Match Racing World Champion. Previous champions include Sir Ben Ainslie (GBR), Taylor Canfield (USA), Peter Gilmour (AUS), Magnus Holmberg (SWE), Peter Holmberg (ISV), Adam Minoprio (NZL), Torvar Mirsky (AUS), Bertrand Pace (FRA), Jesper Radich (DEN), Phil Robertson (NZL) and Ian Williams (GBR). Since 2000, the World Match Racing Tour and its events have awarded over USD23million in prize money to sailors which has helped to contribute to the career pathway of many of today’s professional sailors