The variety of pricing structures is remarkable. For instance, a substantial amount of charges are paid by shippers in South Africa, contrary to most other countries. In Singapore, virtually all revenues come from port dues and virtually none from land rents in ports or charges to shippers. The opposite is true in many US and Canadian ports; here, the majority of revenues are from land lease agreements. This suggests that ‘history’ may be an important factor.
How can pricing structures in ports be best explained? are they based on a specific historical trajectory in each port? Or are they based on economic logic? asks Peter de Langen, co-director of PortEconomics in his viewpoint- published in his Port Strategy column as ‘The Analyst‘.
Read the Analyst’s viewpoint @ the Port Strategy website