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Regulation and Finance in the Norwegian Port Sector

In: Regulation and Finance in the Port Industry

Author

Listed:
  • Axel Merkel

    (Swedish National Road and Transport Research Institute)

  • Ziaul Haque Munim

    (University of South-Eastern Norway)

Abstract

Despite being located in the periphery of major trade lanes, Norway houses a large shipping sector with a highly international profile. Norway’s regulatory framework for port governance and development conforms mostly to a style of governance with high degrees of autonomy and financial self-sufficiency seen in other northern European countries. However, there are also clear instances of public intervention aimed to minimize the external costs of transport, such as a significant support scheme for investments in shore power. Identified challenges for the Norwegian port system going forward include the issue of how to take advantage of economies of scale while serving a relatively small and regionally dispersed economy and attracting private participation in port operations, where such participation can be deemed beneficial.

Suggested Citation

  • Axel Merkel & Ziaul Haque Munim, 2022. "Regulation and Finance in the Norwegian Port Sector," Palgrave Studies in Maritime Economics, in: Claudio Ferrari & Hercules Haralambides & Sergio Prete & Alessio Tei (ed.), Regulation and Finance in the Port Industry, chapter 0, pages 283-298, Palgrave Macmillan.
    • Handle: RePEc:pal:psmchp:978-3-030-83985-7_17
    DOI: 10.1007/978-3-030-83985-7_17
    as

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