The Australian Government’s Parliamentary Inquiry into Coastal Shipping Policy and Regulation is due to report back this month (October) and expectations are high that a new fiscal and regulatory environment, supportive of locally-domiciled operators, will eventuate.
If, or when, this occurs it will no doubt cause angst for the proponents of State Shipping Line (SSL), the latest company to try - and fail - to resurrect dedicated coastal container services. In something of a masterpiece of cruel timing, SSL’s financial backers withdrew at the last minute, even though the company’s first chartered vessel was due to arrive on the coast within a matter of days....
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This complete item is approximately 1000 words in length, and appeared in the October 2008 issue of WorldCargo News, on page 36.
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