Topic: 5.3 Ports and Canals

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Ownership and Productive Efficiency: The Case of British Ports

British ports provide a “laboratory” of mixed ownership enterprises. This paper applies stochastic frontier models to test the relative efficiency of public compared with private enterprises. The finding is supportive of the view that efficiency gains from privatisation may be limited if the change involves the transfer of ownership from the public to the private sector only.

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The Optimum Port Capacity

The authors consider how far a port should instal additional berths to cater for random arrivals of ships. A final section considers containerisation, lighterage, and the distribution of benefits by reduced freight rates.

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The Suez Canal Project to Accommodate Super-Tankers

The projected deepening and widening of the Suez Canal would be economically beneficial both to Egypt and to the users (including the oil-producing countries, the oil companies, the shipping industry and the consuming countries). The authors reach this conclusion after reviewing the estimated cost in relation to the quantities of Middle East oil going to northwestern and to southern Europe, comparative costs of transporting it by the Cape route and by existing and projected pipelines, and future revenue under possible new toll systems.

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Charging for Port Facilities

Ports rarely price their services on a commercial basis. This article examines some existing tariffs and suggests principles on which charges should be fixed. An appendix sets out an example of a cost-based tariff.

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