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• TRUST PORTS
28th June 2007, Page 24
28th June 2007
Page 24
Page 24, 28th June 2007
— • TRUST PORTS
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What is a trust port?
Trust ports are independent statutory bodies, each governed by its own unique, local legislation and controlled by an independent board. Their common feature is their status as trusts there are no shareholders or owners: any profit is ploughed back into the port for the benefit of the stakeholders of the trust.
The stakeholders are all those using the port, employees of both the port and its users. and all those individuals, organisations and groups having an interest (not necessarily financial) in the operation of the port.