“It is my fervent hope that the European Commission in the form of its Directorate General of Competition (DG Comp) recognizes the vital position that the liner shipping industry holds within the global economy,” Aponte said in a statement.
“Moreover it is crucial that, during the coming year DG Comp formulates guidelines for the industry post the abolition of Regulation 4056/86 — and with it liner conferences in Europe — that will create an environment within which ship owners are able to continue investing sufficiently for the future,” the MSC boss added.
Chris Bourne, executive director of ELAA, said, “Mr. Saade’s foremost success in guiding the liner industry over the past year has been the great strides made in improving the relationship between the carrier lines and their customers, European shippers.
“The confrontational atmosphere that has characterized relations over past years has been changed to one of constructive discussion. This has been Mr. Saade’s lasting contribution to the development of the industry,” Bourne said.
The ELAA estimates that its members currently have over $60 billion invested in new vessel capacity, which will come on board during the next four to five years.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now