Europe's largest port in Rotterdam is pleased that the EU Parliament recently approved the future framework conditions for port financing, 15 years after the presentation of the first draft for a European regulation of port services. The discussion over state aid for Europe's three largest ports – in particular in Rotterdam, Antwerp, and Hamburg – could thus flare up again.
"The regulation on port services includes agreements about market access for port services and increased transparency in the seaports' financial arrangements. In the view of the Port of Rotterdam Authority, it is of crucial importance that we first achieve clarity regarding the scale of public financial support provided to Europe's different ports. After this, we need to formulate new guidelines for state aid that create a level playing field for European seaports in terms of financing," writes Port of Rotterdam Authority.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.