PORT ECONOMICS CHAPTER 1 PORTS AND HARBOURS THE student of Port Economics will advisedly, at the outset, make himself acquainted with the purview of his studies; and, as the subject is one which comprises several branches of traffic administration and operation, we will devote this opening chapter to an explanation of some general principles, which will be considered in greater detail, as occasion requires, at a later stage. PORTS In the first place, let us consider the word Port, its meaning and its implications. In root form (Latin porta, a gate), signifying an entrance, it is essentially a gateway to the land from the sea, and also, none the less truly, a gateway to the sea from the land. Briefly stated, it is the point of change from land carriage to sea carriage, and vice versa. Ships bring passengers and goods from overseas and discharge them within the precincts of a port for conveyance to inland destinations, and, con- trariwise, passengers and goods from towns and inland centres are assembled on the quays of a port for the purpose of going on board ship. This dual operation of loading and discharging, of embarkation and disembarkation, involves two important characteristics in a port, without which its functions cannot be satisfactorily performed. These characteristics are Shelter and Accommodation. Shelter is an obvious requirement. In an exposed and unprotected situation on the sea coast, there are many days in the year when it would be impossible to load or