PortEconomics co-director Theo Notteboom gave a presentation during a high-level seminar on the ‘Future perspectives for port concessions’ organized by ENIDH (Escola Nautica Infante D. Henrique) in late May in Lisbon, Portugal.
Theo elaborated on the increasing role of performance targets in terminal concessions, in particular through the inclusion of volume guarantees, modal split targets and environmental objectives in concession contracts. Theo’s presentation was followed by a lively debate between Mr. Pedro Galvão (President of CPC), Mr. João Franco (President of APS – the port of Sines), Mr. João Carvalho (President of IMT – Institute of Mobility and Transport) and Mr. Carlos Vasconcelos (President of MSC Portugal).
The main discussion revolved around the choice for licenses vs. concessions, the magnitude of concession fees in Portuguese ports, the level playing field and development plans in the Portuguese port system, performance targets in concessions and the role of the regulator in setting/influencing port tariffs. The Secretary of State for Transport, Mr. Sérgio Monteiro, closed the seminar by giving his reflections on the port policy debate in Portugal and Europe as a whole.