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    I would have said that Dover is one of the busiest ferry ports in the world because of its geography - as the shortest crossing between the UK and mainland Europe. Trust Port status has clearly played a part in its development as any profits made are reinvested in the port. However, I don't think ownership alone has determined its success.

    Clearly a commercial operator would want to make a return, pay dividends to shareholders, and interest on any loans. But surely it's the ability of a private operator to raise funds for future investment that is one of the key aspects of the current plans for restructuring. I think everyone is agreed that what Dover needs is investment.

    The port would actually be a very attractive investment, precisely because of its location. Whilst the cruise and general cargo trades are a more competitive market, the cross-Channel business will inevitably be drawn to Dover/Calais - hence the closure of peripheral routes - and providing any investor with a stream of regular cashflow.

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