Author: AIVP
Original title: Port Perspectives - Americas: Port Authority of New York & New Jersey's Richard M Larrabee on 'Trading places'
On sale date: Tuesday, 04 September 2007
Type of document: News
Topic: 3.03 - local strategy of port development, 1.09 - port projects financing, 3.10 - strategies of private operators
Location: America : United States : New York
Language: English, French, Spanish


For the ports the management of their properties has become much more than just an administrative function and has become a truly strategic challenge in their relationship with the private sector.
Between April and June 2007, 3 of the main container terminals of the port of New York have thus changed owners. The 3 potential purchasers were up to then practically unknown in this business sector. To preserve the future of its terminals and so as not to turn its infrastructures into objects for speculation, the port authorities have drawn up a framework document for this type of transaction. This document defines a collection of criteria bearing on the reliability and qualities required from a potential purchaser, his investment capacity over a long period, and the amount of the fees connected with this financial transaction.


Port Perspectives - Americas: Port Authority of New York & New Jersey's Richard M Larrabee on 'Trading places' / PIGNA, Frank - Port Property Insight, Vol. 1, Issue 1, Third Quarter 2007, p. 3

Nouvelle newsletter publiée par Aegir, membre de l'AIVP
Contact: info@aegirports.com
http://www.aegirports.com/

Price for members: 0 €
Price for non-members: 0 €
You are currently not logged on as a IACP member, please register now in order to obtain a discount or to buy this article: 0 €

Order form