The Importance of Financial Dimensions of Sea Ports

Document Type: Original Article

Author

Maritime studies faculty, King Abdul-Aziz University, Saudi Arabia-Jeddah

Abstract

The pricing of marine port infrastructure services is one of the most important aspects that
occupy the mind of port administrations and port authorities and is one of the most
controversial aspects of the global economy discussions are currently focused on the extent to
which mergers and homogeneity are created between the economic impacts of development
and investment in infrastructure, cost recovery mechanisms and rules in developed countries
and economic zones. In general and periodically, the mechanisms of public investment must
be reviewed and the role assigned to them, Infrastructure services, especially in the area of
seaports and the huge expenditures required to meet the requirements of the huge technological
development of both port equipment and the technological development of ships on these ports,
The present paper is based on the development of mechanisms on how to adopt the marginal
cost of marine port infrastructure as a basis and reliable pricing rules to achieve the concept of
marginal cost recovery and is introduced as a criterion for fair competition among private and
single-seaport ports as a principle of competition in the quality of port services By means of its
large infrastructure, as well as to ensure a greater range of transparency of the accounting
systems in the operation of ports. It is therefore possible to rely on statistics from those ports
and to maintain competition in port infrastructure investments.


Keywords