Ownership equity and efficiency: the case of Australian bulk ports

This paper addresses the prospects for attracting equity finance into the Australian port sector, as related to the trend of the public sector divesting itself of operational and financial responsibility with respect to the maritime industry. In an increasingly deregulated global operational environment, this issue of the availability of equity finance for the funding of ports has emerged as a key concern. The authors' focus here is on dry bulk ports, particularly coal and iron ore exporting facilities. Their analysis adopts the integrated chain model, where port performance is evaluated in terms of the level of integration of a port within its supporting chain structure. The evaluation results suggest that performance may be determined more by regulatory and policy constraints than by finances, which has particular relevance in these times of global financial crisis, and can thus be considered to be a salutary message.

• Availability:
  • Find a library where document is available. Order URL: http://www.e-elgar.com/Bookentry_contents.lasso?currency=US&id=13164
• Corporate Authors:

  Edward Elgar Publishers

  William Pratt House, 9 Dewey Court
  Northampton, MA  United States  01060-3815
• Authors:
  • Everett, Sophia
  • Weston, Rae
• Publication Date: 2011-4

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 305-330
• Monograph Title: International Handbook of Maritime Business

Subject/Index Terms

• TRT Terms: Dry bulk cargo; Equity (Finance); Evaluation and assessment; Investments; Logistics; Ports; Private enterprise; Regulation; Supply chain management
• Uncontrolled Terms: Chain modeling
• Geographic Terms: Australia
• Subject Areas: Administration and Management; Economics; Finance; Freight Transportation; Marine Transportation; Terminals and Facilities; I10: Economics and Administration;

Filing Info

• Accession Number: 01354420
• Record Type: Publication
• ISBN: 9781847209337
• Files: TRIS
• Created Date: Oct 21 2011 7:37AM