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Body to study liberalisation of shipping sector

A committee of experts will be set up in order to formulate an institutional framework for the liberalisation of the coastal shipping industry…

A committee of experts will be set up in order to formulate an institutional framework for the liberalisation of the coastal shipping industry, Merchant Marine Minister Christos Papoutsis recently announced.

The body, which is to be created following dialogue with all parties concerned, will comprise entrepreneurs, representatives of local authorities, seamen and other groups. A deadline of two months has been set for the creation of the institutional framework.

Papoutsis acknowledged a demand made by shipowners for a 10 percent increase in ticket prices but said this would be considered at a later date. Recent cutbacks in the number of ferry services and the issue of the price increase will be viewed with the government`s economic policy in mind.

Papoutsis reacted strongly towards a warning from Minoan<.> Flying Dolphins that it would fly a foreign flag on one of its vessels which plies the Adriatic if the ministry continues to insist on a doubling in the size of crews on high-speed vessels.

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