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Saturday, September 22, 2018

State of the industry addressed at CMA 2009 this week

With the theme 'Back to Basics', CMA Shipping 2009 this week saw a record gathering of over 1,800 key industry players sharing information and debating solutions to the current challenges and unprecedented changes our industry is facing.


VADM Vivien S. Crea, Vice Commandant U.S. Coast Guard, noted in her opening address that over the twenty years since the Exxon Valdez incident, there have been significant improvements across the whole shipping industry and commended all those who had contributed to these.


Elijah E. Cunnings, (D-MD), Chair of the House Sub-committee on Coast Guard and Maritime Transportation, stressed the important role that shipping had in driving global commerce and how regulations should not impede trade. He also emphasised the role that women could play in our industry and encouraged others to foster opportunities for advancement.


INTERTANKO's Managing Director Dr Peter Swift spoke of the increasing difficulties in maintaining global governance structures. He highlighted the inconsistencies in both the requirements and timelines of several European unilateral regulations, and also the conflict with customary international law of others. In a presentation entitled What does the shipping industry seek?, he also set out actions that industry should be encouraging to reinforce a consistent framework of rules, regulations and standards, to be implemented uniformly and applied in the same time frame.

For a copy of this presentation click here


The seminar sessions included discussions on the direction of the global economy and the critical challenges for the entire industry at a time of turbulent markets. The session on piracy and war risks debated the practical issues for owners and charterers. Professor Coker from the London School of Economics and Political Science gave a briefing on the threats to international peace and stability and the clash between pre-modern and post-modern societies.


Contact: Sally Woulfe