Well as its in the Mail it must be true then
Dear old Vera must be turning in her grave.
Them cheese eating surrender monkeys will probably knock the cliffs down and turn them into cafe bars.
I love it when the press get thier facts right.
As Clive pointed out earlier its nothing to do with the blooming cliffs.
Its about selling off the largest "Trust "port in the country. They could not even get that right as the last time I looked Dover was quite a way down the list of ports in the UK. Sitting there at #2 spot was London that is also a Trust port
Anyway what the Heck is a Trust Port?
A trust port is a "not for profit " operation that simply facilitates trade.
Trust ports are mainly the smaller ports that would not be commercially viable if they had to give a shareholders dividend and would probably close and become a nice housing scheme. No great loss you say but with the ever increasing dependancy on imported goods (and to a limited extent the exports) if these small ( and not so small) ports closed how would 95% of all goods that cross our borders get in and out.
Lets leave the green issue aside for a moment as water bourne transport is the most environmentally friendly was of transporting goods. Take the Cantley factory as an example. One coaster or 200 trucks. It is the trucks that win as there is no will to invest in the waterbourne transport system. So the good folk of Cantley have to put up with not only the oil tankers trundelling thru the village but soon the Raw suger imports as well. But as I said lets leave that alone for the moment. Anyway I am 99% sure Yarmouth is a trust port.
The 3 larger exceptions to the rule are Milford Haven, London and Dover Trust Ports All.
I simply do not think there is the political will to sell off my own port as the Thames runs past the the very seat of goverment. So the London oriented politicians will not see this as an option (I hope) and the PLA will continue for some time. But surprise surprise there is actually a world out there outside Westminster.
Now we all know about Dover because at some point in our lives we have all probably jumped on a ferry there. Like all other Trust ports it is run in a commercial way under the terms of the trust so it is not a drain on the exchequer and the companies that use the port are all happily making money and everyone is happy. At the last look there were 3 main operators out of Dover in the ferry sector P&O, Seafrance and Norfolk Line (Maersk). These get equal treatment from the trust and compete for our business and we all benefit from the competition in lower ferry fares. Say for example Maersk bought the port. Would it be fair to say that they would give berth priority to their own ships. Probably. How about if they increased their numbers of passenger ferries operating out of the port (they could easily do this as they already own DFDS) and excluded Seafrance and P&O. Then we have only one operator on the Dover routes and they could dictate the prices. Not good for me and you when we want to hop over the channel
The £15 million profit generated by Dover is not something the Gordy Brown will ever get his grubbly hands on as under the terms of the trust the port is not supposed to generate any profit but insted is to invest in the infrastructure of the port. There are very strict rules about trust ports and profits. Anyway in the grand scheme of things and the massive amounts of money to be made in port operations £15 m is small beer indeed.
So this is a "one off " chance to get some money out of the governments "assets" by selling the crown jewels as it were.
I wish it were not so but I do fear for the future of the port of Dover in its current form. If it does go I know all of us at the Port of London will be looking over our shoulders.
Rod
Edit to add
As far as I am aware its Eastport that is owned by Singapore ports just as many of the facilites on the Thames are owned by different operators. Our new major expansion in London is owned (and financed ) by DP (Dubai Ports) the only profitable arm of the huge Dubai operation that is in so much trouble. The port itself is a Trust.
ALL HANDS ON DECK............But keep one foot on the wheel.