This book addresses the latest organizational, regulatory, and governance issues of main port systems, linking them to the financial aspects that are currently in use regarding investments in the port industry. A general review of port management and operations is complimented by analysis of country specific systems and a look at how ports could develop in the future.
This book aims to examine how different port organizational and regulatory contexts affect port investment practices and related financial tools. The book is of use to researchers and practitioners interested in maritime economics and transportation studies.
Author(s): Claudio Ferrari, Hercules Haralambides, Sergio Prete, Alessio Tei
Series: Palgrave Studies in Maritime Economics
Publisher: Palgrave Macmillan
Year: 2022
Language: English
Pages: 411
City: Cham
Introduction: Book Rationale
Contents
Notes on Contributors
List of Figures
List of Tables
Part I The Port Structure: Managerial and Operational Issues
1 Port Governance Models and Their Historical Development
Introduction
Switching from Port Reform to Port Governance
Port Governance Critical Issues
Need for Insights
References
2 Institutions, Port Planning and Finance
Introduction
Institutions Towards Path Dependence
Finance, Planning and National Interests
Conclusions
References
Part II National Port Systems vis à vis Global Shipping
3 Port Finance and Regulation in Kenya
Introduction
Description of Kenya’s Port System
Brief History of Port Governance in Kenya
Traffic Performance
Port Regulation and Planning Tools
Financial Tools
General Discussion
Emerging Local Policies
Limited Success of Port PPPs Despite the Elaborated Framework
Critical Discussion and Conclusion
References
4 Regulation, Governance and Infrastructure Pricing in South Africa’s Ports Sector
South Africa’s Ports System
Port Governance and Regulation
Public and Private Sector Participation in Ports
Revenue Required Pricing Methodology and Tariff Structure
Discussion and Conclusion
References
5 Regulation and Finance in the Port Sector: Current Practices and the Future of Port Development in Mexico
National Port System Description
Port Regulation and Planning Tools
Financial Tools
Links Between Local and National Port Regulation and the International Framework of Ports
Critical Discussion: How Can Port Regulation and Financial Practices Affect Local Port Development?
Conclusions
References
6 U.S. Port Governance and Investment
Introduction
Port Governance Structures
Infrastructure Needs
Planning and Funding Tools
Summary Outlook
References
7 Regulation and Finance in the Bangladesh Port Industry
Bangladesh Port System
Port Regulation and Planning
Financial Tools
Links Between Local and National Port Regulation and the International Framework of Ports
Critical Discussion
References
8 The Chinese Port System: Current Organization and Investment Solutions
Introduction
Chinese Port System and Its Basic Governance Structure
Local Port Development: Planning and Financial Tools
Planning Tools Used by Local Ports
Financial Tools Used by Local Ports
Impact of Recent Regional Port Integration Reforms
International Collaborations: The “Bring in” and “Going Global” Strategies
Conclusions
References
9 Development of Japan’s Port System
Introduction to Japan’s Port System
The Maritime Transport Market
Classification of Japanese Ports
The Japanese System of Port Management
Port and Harbor Act (PHA)
Port Management and Classification of Operations
The Evolution of Port Management System by Containerization
Framework for International Strategic Ports
Japanese Port Development and Operations
Port Planning and Development
Port Operating Company System Since 2011
Public–Private Partnerships in Japan’s Port Management
Discussion
References
10 The Taiwanese Port System: Current Organization and Investment Solutions
Taiwan’s Port Systems: An Overview
The Commercial Port Law and Relevant Regulations
Port Planning Tools
Financial Tools Used by Taiwan’s Ports
Link Between Local and International Frameworks
Current Regulatory and Financial Structure Affecting Port Development
Business Models of Taiwan’s Ports and Promoting International Collaboration
References
11 Regulation and Finance in the Port Sector: Current Practices and Future Port Development: The Belgian Case
National Belgian Port System Description
Port Regulation and Planning Tools
Financial Tools
Investments in Belgian Ports
Critical Discussion
Literature
12 The French Port System: Forty Years of Port Governance Reforms
The French Port System Description
The French Port Regulation and Planning Tools
The Financial Tools of the French Seaports
Links Between Local and National Port Regulation and the International Framework of Ports
Critical Discussion
Bibliography
13 Regulation and Finance in the Port Sector: Current Practices in Germany
Introduction: The German Port System
Port Finance in Germany
Governance and Financing Examples of German Ports
Port of Hamburg
The Ports of Bremen and Bremerhaven
Ports in Lower Saxony, and JadeWeserPort
Ports in Schleswig–Holstein: Lübeck and Kiel
Ports in Mecklenburg West-Pomerania: Port of Rostock
Discussion
References
14 Regulating and Financing Greek Ports
Introduction
The Greek Port System
The Regulatory Framework
Financial Tools
How Sustainable Is the Current Model?
Concluding Remarks
References
15 Aims, Goals, and Results of Port Reforms in Italy
Introduction
The Italian Port System
Port Investment and Finance in the Italian Port System
Port Operations in the Italian Port System
Challenges for the Future of the Italian Port System
References
16 The Dutch Port System: Regulation and Planning Issues
Introduction
The Dutch Governance System
Dutch Investment Strategies and Port Tariffs
Port Operation Management Legal Systems
Port Planning and Shoreline Resource Protection Legal Systems
Conclusions
References
17 Regulation and Finance in the Norwegian Port Sector
National Port System Description
Port Regulation and Planning Tools
Financial Tools
Links Between Local and National Port Regulation and the International Framework of Ports
Critical Discussion: How Can Port Regulation and Financial Practices Affect Local Port Development?
References
18 Regulation and Finance in the Spanish Port Sector
Main Characteristics of Spanish State Port System
Governance Model
Financial Tools and Their Link to Governance Models and National Legislation
Public–Private Collaboration
Challenges and Proposals for Reform
Overcapacity
Proposals for Change in Governance and New Strategic Framework
References
19 Port Regulation and Finance in Turkey
Introduction
The National Port System
Three-Port Regulation and Planning Tools
Ownership and Financial Structures of Ports and Related National Regulations in Turkey
Conclusion
References
20 The British Port System: Current Organisation and Regulatory Challenges
The UK Port Governance Model
The UK Port System
Port Investment and Financing
Port Operations
Conclusive Remarks
References
Part III The Port of the Future and Financial Solutions
21 Port Development, Regulation and Financial Approach
Introduction
Governance, Planning and Finance in Ports
Financing Port Development: The Role of Private Parties
Public–Private Partnerships
Project Financing
Project Bonds
Alternative Funding Schemes: The Role of Multilateral Financial Institutions and Development Banks
Lessons to Be Learnt
References
22 Insights for Policymakers
Seaport Governance: What For?
Port Reform: A Never-Ending Story
Implications for Practitioners
Further Considerations for Policymakers
References
Conclusions—What’s Next?
Index
