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Until the mid 1980s British ports were mainly public owned and operated. During the 'Thatcher-Era' a policy of liberalisation and deregulation was pursued by many industries. This also applied to the UK's ports industry and meant a full privatisation of the stateowned port companies. The new companies were now owned by private investors and were profit focussed. Simultaneously to that step, the UK government lost control and influence in the ports sector. In the light of the latest developments of the EU policies this paper analyses the current UK ports policy. It discusses the government's papers on ports policies and highlights the weaknesses of the described policies. After giving a brief impression of the latest German ports policies, a case study approach examines for the ports of Felixstowe (UK) and Bremerhaven (D) the transport policies with special focus on jurisdiction, objectives, instruments and agencies. Finally the strengths and weaknesses of the different policy approaches are critically discussed.
Incorporating HC 788-i and ii of session 2001-02
Towards a Better Port Industry provides professionals in freight transport and maritime logistics, and specifically the port industry, as well as students in these fields, with a better conceptual understanding of the port industry. It includes key insights and best practices for port management and development, and an overview of new trends and developments relevant for developing winning strategies. After an introduction, Chapter 2 offers a new perspective on port governance, in which public interests, corporatization, state-ownership, and shareholder policies take a central role. Chapter 3 explains how new trends and developments affect port development and argues that assuming ‘business as usual’ often leads to major port development mistakes. Chapter 4 deals with port development and discusses all major port development challenges, including granting concessions, developing a port vision, crafting stakeholder support, choosing port performance indicators and creating a port innovation system. The final chapter deals with port development strategies and includes themes such as strategies of port development companies, pricing and business development. This book will broaden professionals’ conceptual understanding of the ports industry, and provide insights on the latest developments in this area. For students, this book provides an industry-focused and non-technical ‘essential reading’ for gaining a deep understanding of the ports industry.
This book provides an expert analysis of alternative investments routes and the investment strategies available to the major port players, and is a much-needed guide to expanding the investor base for private debt funding of projects from loan providers to bond investors. Port infrastructure investments are vitally important to all ports throughout the world; without these investments, the competitive position of ports and of the dependent logistics sector will deteriorate. National/regional governments and the local port authorities are no longer a guaranteed source of sufficient financial input to meet the continuous port infrastructure investment needs of major ports. It is, therefore, increasingly crucial for ports to broaden their strategies and secure alternative streams of investment. This book provides expert insight into areas of port infrastructure finance across the main regions of Europe, Asia, Africa and the USA. Topics include how to estimate future demand by way of forecasting; Public-Private Partnerships; corporatisation; the pricing mechanisms for syndicated loans; European port privatisation; finance strategies for ports in Asia, the USA and Africa; and a discussion of the investment strategies available to the major port players. Port Infrastructure Finance is an invaluable book for all parties involved in the port and maritime business, as well as investment companies, banks and other financial institutions involved in infrastructure investment.