World Shipping Council on H.R. 1696, the “Ocean Shipping Antitrust Enforcement Act”: Why do away with regulation that benefits shippers, ports, consumers, and supply chain workers?
Washington, 27 March 2023 – The Shipping Act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets. Being able to share space on ships allows more carriers to provide more services more efficiently to more ports than carriers could provide individually. That is good for shippers, ports, consumers, and all of the workers that keep the global supply network running. H.R. 1696 would remove that system and undermine competitiveness and choice for liner shipping services.“Nobody has offered a reason why we should throw away