Oct 27, 2006
Scanning the Horizon: Some Observations on the Changing Maritime Scene
It is going to be interesting to see what happens in the European liner trades in 2009 and 2010. But (and if this is a biased perspective - it’s a bias informed by long and diverse experience), it seems to me that OSRA is working well, Congress’s goals are being met, and our major Asian trade partners - including China, Japan and Singapore - support U.S. style expert agency regulation over the soon-to-be-tested European approach. So, I believe that, for the foreseeable future the likely course - and frankly the more prudent one -will be to keep OSRA and use its built-in reform process as needed.