FEPORT calls for new private investment framework

The Federation of European Private Port Operators (FEPORT) has called for the adoption of a real enabling framework for private investment in the European Union (EU).

FEPORT claimed that the big challenges currently faced by port operators in the container sector are becoming “unsustainable” in the context of a regulatory framework for ports constantly changing at either national or European level.

The federation argued in a statement that the ever-increasing alliances in the container sector are trying to leverage their position to drive down handling costs, while at the same time expecting port operators to invest in new equipment to handle larger vessels.