When compared to the publicly owned ports, the financial and economic performance of the U.K.'s privatized ports has failed to live up to expectations. Any improvement in service to port users in recent years has arisen from employment deregulation (the abolition of the National Dock Labour Scheme) rather than privatization, while the sale of public ports represents a significant loss to the taxpayer and other stakeholders. Based on a detailed comparison of public and private ports, the propriety of further port sales is questionable, and the current ownership, administration and operational structure of the U.K.'s port transport industry should reconsidered.
Private profit, public loss: The financial and economic performance of U.K. ports
Maritime Policy & Management ; 24 , 4 ; 319-334
1997-01-01
16 pages
Article (Journal)
Electronic Resource
Unknown
Private profit, public loss: The financial and economic performance of U.K. ports
Online Contents | 1997
|Public transport: private profit
British Library Conference Proceedings | 1995
|Public ports, private property
Online Contents | 1994
Buses: public service or private profit?
Taylor & Francis Verlag | 1991
|Private plans for public ports - Privatisation fever grips Taiwan's ports
Online Contents | 1997