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Analysis of private seaport development: the port of Felixstowe

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  • Baird, A.

Abstract

This paper provides a detailed overview of the historical development of the major container port of Felixstowe, the 15th largest such facility in the world, and the fourth largest in Europe after Rotterdam, Hamburg, and Antwerp. The analysis reveals a port, which has developed in a rather unconventional manner compared with most other major ports. Key factors influencing the successful development of the port are evaluated. Key factors impeding the future development of the port are discussed, as is the port's strategy to deal with capacity constraints. The paper considers the role of various public sector entities with regard to port development and regulation and highlights general policy issues brought out from the analysis. The author concludes that full cost recovery for private ports, privatised ports, as well as for public ports, remains an elusive ideal.

Suggested Citation

  • Baird, A., 1999. "Analysis of private seaport development: the port of Felixstowe," Transport Policy, Elsevier, vol. 6(2), pages 109-122, April.
    • Handle: RePEc:eee:trapol:v:6:y:1999:i:2:p:109-122
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    References listed on IDEAS

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    1. Baird, Alfred J, 1995. "Privatisation of trust ports in the United Kingdom: Review and analysis of the first sales," Transport Policy, Elsevier, vol. 2(2), pages 135-143, April.
    2. Richard Saundry & Peter Turnbull, 1997. "Private profit, public loss: The financial and economic performance of U.K. ports," Maritime Policy & Management, Taylor & Francis Journals, vol. 24(4), pages 319-334, January.
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    Cited by:

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    2. Chandra Prakash Garg & Vishal Kashav & Xuemuge Wang, 2023. "Evaluating sustainability factors of green ports in China under fuzzy environment," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 7795-7821, August.
    3. Gardner, Bernard & Marlow, Peter & Pettit, Stephen, 2006. "Full cost recovery in EU ports operating as commercial undertakings," Transport Policy, Elsevier, vol. 13(1), pages 2-21, January.
    4. Zhang, Jihua, 2016. "Quasi-landlord port financing in China: Features, practice and a contract theory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 73-88.
    5. Cheon, SangHyun, 2007. "World Port Institutions and Productivity: Roles of Ownership, Corporate Structure, and Inter-port Competition," University of California Transportation Center, Working Papers qt7t64h5wr, University of California Transportation Center.
    6. Pallis, Athanasios A. & Syriopoulos, Theodore, 2007. "Port governance models: Financial evaluation of Greek port restructuring," Transport Policy, Elsevier, vol. 14(3), pages 232-246, May.
    7. Truong Ngoc Cuong & Sam-Sang You & Le Ngoc Bao Long & Hwan-Seong Kim, 2022. "Seaport Resilience Analysis and Throughput Forecast Using a Deep Learning Approach: A Case Study of Busan Port," Sustainability, MDPI, vol. 14(21), pages 1-25, October.
    8. Brooks, Mary R. & Cullinane, Kevin, 2006. "Chapter 18 Governance Models Defined," Research in Transportation Economics, Elsevier, vol. 17(1), pages 405-435, January.

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