PortEconomics associate member Mary Brooks presented her latest research on the changing regulation of coastal shipping in Australia, during the annual conference of the International Association of Maritime Economists – IAME 2012, that was held in Taipei, Taiwan.
Market access to coastal shipping services is often severely restricted, but in some markets access is more liberalized. Most countries impose national flag requirements as a minimum. However, Australia’s coastal shipping market has been more open than many other markets, allowing foreign flag access to domestic shipping via a unique permit and licensing scheme. The paper assesses Australian regulation of cabotage by examining the nature of the Australian permits issued to foreign flag companies for domestic shipments, and evaluates the changes currently being proposed against a database of permits issued in 2009and 2010, during four different regulatory periods: (1) prior to the imposition of the Fair Work Act 2009 regulations; (2) the transition period where the rules for the implementation of the Fair Work Act 2009 were known, but not yet regulated; (3) after the Act’s full implementation, but before its enforcement; and (4) after full enforcement was expected. The conclusions about the regulation of permits and the associated issues of compliance monitoring will be of interest to those contemplating revising their coastal shipping market regulations through the use of a permit system.
You might read – and freely download- the full study @PortEconomics.
The annual conference of the International Association of Marime Economists – IAME 2012, held in Taipei, Taiwan, provided the PortEconomics team the opportunity to present 16 different port or port related studies that progressed over the course of the most resent months – for more: PortEconomics team@IAME2012.