Sea Change in Liner Shipping


Mary R. Brooks
Emerald Group Publishing Limited
19.4 Mb

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   Transport policy is undergoing major changes which transcend national boundaries. These changes are typified by the reform of regulatory regimes in many countries and influenced by both developments within the sector and factors outside of transport. General patterns of liberalization and privatization can be observed within the sector and trade liberalization and the globalization2 of demand industries have been well documented. Concurrent with this changing business climate must be a re-examination of competition policy as it relates to liner shipping. Moreover, there are unique competition policy features for this industry, which is a global one by any definition. Yet it faces divergent, national regulation. From both regulatory and commercial perspectives, the path of progress wanders through a minefield of regulatory disharmony towards a standard set of rules governing firms in the liner shipping industry.

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