Why do seaports need to reform? Searching for answers, port authorities continue to demonstrate interest in the ‘Economic Assessment of Management Reform in European Seaports’ study that was conducted and recently published by PortEconomics associate member Patrick Verhoeven.
Partrick acted as the keynote speaker at the first cultural meeting of the Livorno Port Center was PortEconomics that was held on Tuesday 3 November.
Patrick argued on the necessity of management reform of the seaports and the different approaches based on the present organisational model of the European seaports.
The increase on seaports ability to invest and overall improvement of the competitiveness among the seaports but also wider the influence over logistics chain are the key advantages of to-the-point management reform.
Important reference was made between the difference of the terms ‘corporatisation’ and ‘privatisation’ of a seaport, with the first to be proved to be the most succesful way for a seaport to proceed and conclude a management reform.
Patrick’s full study is available for free downloading @PortEconomics – you might follow the link to find more on the study.