Submitted by Liberia, Panama, BIMCO, CLIA, ICS, IFSMA, IMCA, IPTA, INTERTANKO, Intercargo, Interferry, ITF and the NI, Sub-Committee on Ship Systems and Equipment, 2nd Session, Agenda Item 16, December 2014.
The International Chamber of Shipping (ICS) is grateful for the opportunity tofollow up its initial remarkson the Competition Policy Review’s April 2014Issues Paperwith further comments on the DraftReport issuedinSeptember 2014.ICS wishes to comment in particular on the Report’s recommendation that Part X of the Competition and Consumer Act (CCA) be repealed and a block exemption process created to be overseen by the Australian Competition and Consumer Commission (ACCC).
ICS welcomesthe publication of the GOC proposals on how the governance of the world’s oceans might be improved. ICS shares the GOC’s objective of seeking greater levelsof environmentalprotection, especially with respect to areas of economic activitythat currently may not be adequately regulated.