Glossary

Port Authority

Tags: Glossary

A government agency responsible for managing and regulating ports.

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What does the Port Authority mean?

A port authority is a governmental or quasi-governmental agency responsible for the operation and management of a port. Port authorities are typically responsible for ensuring the safety and security of the port, managing the flow of traffic, and collecting fees and charges for the use of the port facilities. They may also be responsible for developing and implementing policies related to the port’s operations and for promoting economic development in the surrounding region. 

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