Part IV Maritime Transport, 12 Liberalization and Regulation
Luis Ortiz Blanco, Elvira Aliende Rodríguez, Julie Vandenbussche
Edited By: Luis Ortiz Blanco, Ben Van Houtte
- Market definition — European Union — Inland waterways — Passenger transport — Maritime Transport
Throughout history, shipping has been a key stepping-stone to economic growth and prosperity in Europe. The seas and oceans surrounding Europe continue to represent a great potential for the European economy. European companies control over 40 per cent of the world’s fleet. Member States together manage more than 1,200 commercial ports, more than 8,100 flagged vessels, and 4,300 registered maritime companies. More than 400 million passengers pass through European port each year. Shipping presents many specific features because of its international characteristics and long tradition. The development of an EU regulatory framework was a lengthy and elaborate process. This chapter describes the history of EU involvement in this subsector and the gradual introduction of EU principles on competition and freedoms of establishment and service provision. Specific regulation developed a comprehensive system of safety and security measures that dealt with social issues in the industry and articulated an approach to international relations.