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Shipping Talks

Aug 14, 2009 (LBO) - Sri Lankan shippers said they hope a meeting of Asian shippers in Colombo would strengthen efforts to combat anti-competitive practices of shipping lines and called for government reforms to prevent unfair trade.
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Randolph Perera, chairman of the Sri Lanka Shippers' Council (SLSC), said the Asian Shippers' Council will campaign for eliminating anti-competitive trade practices and promoting fair trade and transparency in the shipping industry.
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The fifth Asian Shippers' Council (ASC) annual meeting taking place in Colombo during August 13-14 will launch a platform for Asian shippers to work more closely among themselves, he told the opening session Thursday.

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It would also press for government efforts to change regulations to eliminate trade barriers and anti-competitive pricing mechanisms, Perera said.

"We hope the government will study the recent reforms in Europe and their competition laws and implements similar reforms to prevent shipping lines using anti-competitive practices.

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He was referring to the removal of exemptions from anti-competition laws given to shipping lines that now prevent them from acting like cartels and collaborating in fixing freight rates.

Shippers have long compl

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