Current practices in European ports on the awarding of seaport terminals to private operators: towards an industry good practice guide

Notteboom, Theo; Verhoeven, Patrick; Fontanet, Martina

doi:10.1080/03088839.2011.642315

Cited by 42 publications

(22 citation statements)

References 6 publications

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“…Furthermore, in port terminal concessions, the results of the ESPO/ITMMA survey, as reported by Notteboom, Verhoeven, and Fontanet (2012), show that typical minimum requirements for project award set by contracting authorities include the bidder's financial strength and experience in terminal handling, while in half of the cases reviewed the most important award criterion was the throughput to be delivered, as proposed by the candidate concessionaire. Consequently, the underlying PPP transport business model as designed by the contracting authority and as supported by the procurement award criteria ultimately determines whether the scope of the PPP contract will be encompassing business development or will be limited to simple service provision.…”

Section: A Framework For Revenue Risk Allocationmentioning

confidence: 95%

Allocating Revenue Risk in Transport Infrastructure Public Private Partnership Projects: How it Matters

Roumboutsos

Pantelias²

2014

Transport Reviews

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Transport infrastructure public private partnership (PPP) projects are very diverse and complex in nature not only because of their mode-specific intricacies but also because of their inherent economic characteristics that relate to the scope of involvement of the private sector in the project, the large sunk costs incurred, and ultimately, the competition to which these projects are exposed. The allocation of revenue risk is of paramount importance for the successful implementation of such projects and a sub-optimal allocation may lead to project structuring that is unnecessarily expensive and vulnerable to failure. At the same time, the revenue risk depends critically on the remuneration model used (user-based versus budget-based) and may, in turn, take the form of demand risk, counterparty risk or combinations of the two. This review explores the issues related to revenue risk allocation for transport infrastructure PPP projects. Overarching principles for the allocation of revenue risk that transcend mode-specificity are identified and compared to case studies generated in the context of the COST Action TU1001. The results show that theory and practice are divergent, leading to suboptimal structuring and exposing projects to potential failure.

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Section: A Framework For Revenue Risk Allocationmentioning

confidence: 95%

Allocating Revenue Risk in Transport Infrastructure Public Private Partnership Projects: How it Matters

Roumboutsos

Pantelias²

2014

Transport Reviews

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“…ESPO/Institute of Transport and Maritime Management Antwerp survey conducted in 2008 and ESPO Fact Finding Report survey conducted in 2011 show that concession contracts of European ports often take the form of performance-based agreements to create incentives for terminal operator to meet the objectives of the port authority. The most common clauses in the contracts contain minimum throughput requirements, environmental performance and renewal and extension details (Notteboom et al, 2012). Hence, environmental governance via the mechanism of terminal concession agreements is already quite common in European ports.…”

Section: Environmental Policies and Port Management Toolsmentioning

confidence: 99%

“…Ferrari and Basta (2009) argued that concessions are beneficial to enhancing competition in and between ports only if they are granted to the most efficient port operator. ESPO is in the process of producing a good practice guide which is primarily aimed to help port authorities improve their contracting methods and instruments in order to gain more value from a governance perspective (Notteboom, Verhoeven, & Fontanet, 2012).…”

Section: Environmental Policies and Port Management Toolsmentioning

confidence: 99%

The Greening of Ports: A Comparison of Port Management Tools Used by Leading Ports in Asia and Europe

2014

Self Cite

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From the policy and management perspective, this study aims to investigate the port management tools that port/public authorities have at their disposal and then to analyse to what extent the tools are used to enforce or encourage green port development at functional activities of port operations and development. We conduct an exploratory and comparative review based on two axes: on the one hand, the range of tools available to port authorities (pricing, monitoring and measuring, market access control and environmental standard regulation) and on the other hand, the functional activities in ports (shipping traffic, cargo handling and storage operations, intermodal connection, industrial activities, and port expansion). The situations in the leading ports in Asia and Europe, namely Singapore, Shanghai, Antwerp and Rotterdam are studied and compared, whereby the policies' effectiveness is discussed accordingly. Findings show that the ports are particularly mature in exercising environmental standard regulations which reveals that the enforcement approach is more prevalent. The most focused functional activity is shipping traffic which reflects that the ports are driven by the International Maritime Organisation. The respective port authorities in Antwerp and Rotterdam have a higher level of influence on devising green port policy in comparison to the two Asian ports.

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“…Firstly, pricing strategies can improve port's competitive position for instance by lowering charges (Yap, Lam & Cullinane, 2011). It is common in European ports to exert the environmental governance through the mechanism of terminal concession agreements, which often take the form of performance-based agreements to create incentives for terminal operator to meet the objectives of the port authority (Notteboom et al, 2012).…”

Section: Port Management Toolsmentioning

confidence: 99%

Environmental Issues of European Cargo Ports

Bentsos

2021

HAPScPBS

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Sea ports and the shipping industry are crucial elements of the international supply chain. Over the last years there has been a growing awareness on the environmental impact of port operations and development. The development of port industry can have a substantial environmental impact. Sustainability is expressed in economic, environmental, and social dimension. The major impacts are on air pollution and especially greenhouse gas emission, the water pollution and the health effects. International policy instruments and governments are crucial factors defining the actions of ports, which are expected to enhance environmental management and reduce the harm of shipping activities. This paper focuses on the environmental dimension and the attempts to reduce the GHG emissions in line with the Paris Agreement and the 2030 UN SDGs. The attention of European Union regulatory environmental framework is laid in the reduction in the sulphur content of certain liquid fuels, the framework for port reception facilities for the delivery of waste from ships, and the Alternative Fuels Infrastructure. The European Green Deal aims to a 90% reduction in the transport emissions by 2050.

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Current practices in European ports on the awarding of seaport terminals to private operators: towards an industry good practice guide

Cited by 42 publications

References 6 publications

Allocating Revenue Risk in Transport Infrastructure Public Private Partnership Projects: How it Matters

Allocating Revenue Risk in Transport Infrastructure Public Private Partnership Projects: How it Matters

The Greening of Ports: A Comparison of Port Management Tools Used by Leading Ports in Asia and Europe

Environmental Issues of European Cargo Ports

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