The Port of Los Angeles is gearing up to host the largest-ever global gathering of port authorities, convening in downtown Los Angeles this week (May 6-10) for the International Association of Ports and Harbors’ (IAPH) 28th World Ports Conference.
The biennial conference will bring together nearly 500 attendees, including executives and officials representing more than 200 ports and businesses throughout the global port and maritime industry.
“Los Angeles will be the stage for ports worldwide to convene, share best practices, advance our industry agenda and learn about the latest trends and issues facing our industry, ” said Port of Los Angeles Executive Director and 2011-2012 IAPH President, Geraldine Knatz, Ph.D . “I’m especially pleased that this is the first IAPH conference for almost half of our registered delegates and the conference program reflects the breadth and depth of IAPH as the voice of the global ports community.”
The week-long event will be a homecoming of sorts for Tokyo-headquartered IAPH, as Los Angeles in 1955 hosted the original meeting of 34 ports from 14 countries that led to the creation of IAPH. Today the organization has nearly 200 member ports from 90 countries. IAPH member ports handle more than 60 percent of the world’s sea-borne trade and nearly 80 percent of the world’s containerized cargo.
Among the influential delegates are 88 port directors or board presidents from Asia, Europe, Africa, the Mideast, Australia and the Americas.
Emanating from the Port Economic & Finance Committee established in 2012, one 90- minute session moderated by Goldman Sachs Investment Banking Chairman Kathleen Brown will feature ports from around the world discussing the latest trends in topics that include development of financing sources, port property valuation, alternative project financing, risk management/assessment and bottom-line investment assessment criteria.
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Press Release, May 6, 2013