{"id":1255,"date":"2009-08-31T12:24:00","date_gmt":"2009-08-31T11:24:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport-congress\/2009\/08\/31\/waking-up-to-exit-tariffs\/"},"modified":"2026-08-27T13:28:15","modified_gmt":"2026-08-27T12:28:15","slug":"waking-up-to-exit-tariffs","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport-congress\/news\/concessions-investments\/waking-up-to-exit-tariffs\/","title":{"rendered":"Waking up to exit tariffs"},"content":{"rendered":"<p>A sensitive matter in port deals has been the ability for financial funds to re-sell, or &#8220;flip&#8221;, their interests, thereby monetising a return for their investors.<\/p>\n<p>Ports have resisted efforts of deep-pocketed financial players to exit deals. In a few cases, they have demanded that sellers set aside capital (in escrow, or through undertakings) to fund improvements, sometimes referred to as a &#8220;flip tax&#8221;.<\/p>\n<p>In New York, GCT, Rreef Alternative Investments (part of Deutsche Bank) and Ports America were all embroiled in such controversies as they acquired assets from Orient Overseas, Maher Terminals, and P&amp;O Ports, respectively.<\/p>\n<p>Investment funds are now wiser to these &#8220;exit charges&#8221; and will negotiate hard to strike deals while the court is in their favour.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With PPPs gaining favour in the US, an unsaid implication reveals much about the tentative state of the infrastructure market.<\/p>\n","protected":false},"author":8,"featured_media":1256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"sponsor":[],"class_list":["post-1255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-concessions-investments"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/comments?post=1255"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1255\/revisions"}],"predecessor-version":[{"id":1257,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1255\/revisions\/1257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media\/1256"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media?parent=1255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/categories?post=1255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/tags?post=1255"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/sponsor?post=1255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}