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Svensk Sjöfarts Tidning
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Editorial:

Towards common European guidelines for shipping

Europe’s future is dependent on shipping – for its inter-action in the global economy, for internal transportation and for the solution of some of its environmental challenges. It is gratifying to see that the European Union has emerged as a leading player in the drive for better safety and standards at sea, and that the Commission also sees a larger role for shipping in intra-European transportation in the future.
As shown by our theme articles on the North European shipping industry, the operating conditions are still lingering in a sort of transition between old national schemes and a new set of EU guidelines. Much is to be won – and this is indeed in the spirit of the Union – when a common basis for the maritime policy is established. The main rationale is the idea of fair and equal competition between suppliers of maritime services, based on a framework of defined safety, technical, social and economic standards. It is all about safe and efficient sea transportation in Europe.
Rules on safety and technical aspects should follow the international conventions by IMO, whereas social regulations should be used as an instrument to ensure the survival of maritime competence in Western Europe. And there should be clear guidelines on registry legislation and fiscal issues, such as tonnage tax and investment incentives.
Even the aspect of capital tax needs to be taken into account in the struggle to shape a level field of competition in the European shipping market. One does not have to look twice to see how the traditional national policies have affected the shipping communities in our region, from British stagnation to German expansion. The sad thing is that this is directly related to the industry’s ability to raise political goodwill, and this accounts for much of the growing disparity between the various countries.
Germany’s success as a shipping nation is partly the result of a tax-incentive scheme which has been cleverly used commercially to gain a world-leading position in container shipping.
The bad thing is that such schemes tend to become supply-driving, and in the containership case a whole market segment that is not really economically functioning, as long as ship values are artificially maintained by the banks and practically insulated from the demand/supply factor.
Another political factor like Norway’s capital tax system has made a great number of shipping heirs relocate, mostly to London; sufficient to name Höegh, Jebsen, Smedvig, Ugland and Odfjell.
Even though a common foundation for a maritime policy would help to create more equal opportunities, shipping will continue to operate out of its communities and clusters.
But common guidelines would help to create a level field for European shipping, from which the industry would be able to met the challenges and shape its services to the needs of their customers.

Dag Bakka Jr

//Dag Bakka Jr, Manager, Norway

 


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