PortEconomics member Francesco Parola joined the board of Directors of the Port Authority of Genoa/Samoan as representative of the respective Italian region.
On March 13th the Port System Authority (or, simply, Port Authority) of Genoa-Savona started to operate with its new executive board composed by the President, the representative of the Coast Guard, and the members appointed by the two municipalities and the Liguria Region.
This development represents an important “step” in the implementation of the recent port governance reform in the Italian port system, as it establishes a new board of directors, which is much smaller than the previous Port Committee (which had been composed by over 20 members) and is envisaged to ensure more flexibility and managerial agility.
This board is expected to meet quite frequently in the next few months resolving many pending issues (e.g., financial budget, 3-year operating plan, renewal of concessions, etc.,) for keeping the pace of current market challenges.
