Strategic Development for the Port of St. Eustatius: A Study on the Potential Role of Privatisation
T.B. van Muiden (TU Delft - Civil Engineering & Geosciences)
G.P. Wee – Mentor (TU Delft - Transport and Logistics)
J.A. Anne Annema – Graduation committee member (TU Delft - Transport and Logistics)
J.M. Vleugel – Graduation committee member (TU Delft - Transport and Planning)
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Abstract
This paper examines the potential for privatising the port of St. Eustatius to achieve self-sustainability through the strategic port planning process. Design criteria were established based on a PESTEL, SWOT, and trend analysis, resulting in the development of four strategies. These strategies include enhancing port resilience, creating a transshipment hub, accommodating cruise ships, and enabling the docking of recreational vessels. Based on the strategies, opportunities for privatisation were identified according to the different rationales. Within the different strategies, opportunities for privatisation and a corresponding adaptation of the administrative model are possible. However, the need for large infrastructure investments could hinder the willingness of private parties to invest. Therefore, a public-private partnership is seen as a possible alternative to share the financial risks and also enable the government to retain control.