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Port charges in Spain: The roles of regulation and market forces

Journal article
Authors Xavier Fageda
Marta Gonzalez-Aregall
Published in International Journal of Shipping and Transport Logistics
Volume 6
Issue 2
Pages 152-171
ISSN 1756-6517
Publication year 2014
Published at
Pages 152-171
Language en
Links https://doi.org/10.1504/IJSTL.2014....
Keywords ports, charges, regulation, market forces, revenues, maritime traffic, port authorities, terminal operators, shipping firms, competition
Subject categories Economics and Business

Abstract

This article examines relationships that influence traffic volumes and the revenues per tonne generated by Spain’s port authorities. The strong differences between regulations by port authorities provide some scope for price competition. We find a strong relationship between port charges and the amount of traffic that a port is able to generate. Furthermore, we find clear evidence of local price competition between port authorities. The effects of global competitive factors are mixed. Port revenues per tonne are higher in ports operating more international regular lines and with multinational terminal operators, while they are lower in ports with nearby competing facilities and where the market share of the dominant shipping firm is high.

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