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Discuss the case of UK port privatisation. (answer includes comparison of public and private ports)

Discuss the case of UK port privatisation. (answer includes comparison of public and private ports)

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In the United Kingdom, there are ports which are private ports and then there are smaller ports which are run by trusts and municipalities. Before 1983, almost all ports were nationalised, but gradually ports were gradually privatised. Private ports are run as commercial business entities with an ultimate aim of earning a commercial profit. The ports levy tariff in terms of handling charges and calling charges in a manner such that they remain competitive and run operations in a profitable manner.

The municipalities and trusts run these ports from not the strict policy of making profits. Many public ports are run and kept operational for strategic reasons and to ensure that nations maritime interests are protected. The infrastructure and assets in the public ports are not modernised to the extent what exists in ports run by global port operators and as a result the efficiency results of the public ports are also lower.

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