Maritime security in the European Union—empirical findings on financial implications for port facilities
S. Dekker and
H. Stevens
Maritime Policy & Management, 2007, vol. 34, issue 5, 485-499
Abstract:
To address the maritime security issue, the IMO Diplomatic Conference adopted in December 2002 the International Ship and Port Facility Security (ISPS) Code. The European Union fully agreed with its contents; Regulation (EC) No. 725/2004 transposes in Community Law the associated rules, which came into force on 1 July 2004. Interesting questions from an EU-policy point of view are then: What are the additional costs associated with the implementation of security regulations by port facilities (here in particular terminals) in EU-member states? Moreover, how are these additional costs being recovered by port facilities? Another inter-related question is: are there any subsidies involved in the cost recovery? The present paper addresses these questions with the presentation of the main results of an explorative empirical study on maritime security-related costs and their financing in EU-member states. Furthermore, a number of topics are recommended for further study on maritime security costs and financing and associated (EU) regulations.
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:34:y:2007:i:5:p:485-499
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DOI: 10.1080/03088830701585274
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