Question

Port Boards in Ports Operated as Corporations

• The municipality exercises influence as a shareholder through the general meeting and the port board.
• A port organized as a wholly or partially municipally owned corporation is a commercial enterprise.
• The port's purpose is to operate as a for-profit enterprise.
• It is the Companies Act—and in particular the rules governing state-owned corporations—that regulates the work of the board of directors and the executive board at the port.
• The goal is to establish the port on an economically sustainable basis, with an emphasis on professional experience and expertise within the management and board of directors of the port corporation.