18 November 2024, Brussels, European Shippers’ Council hosted Global Shippers’ Alliance conference “Global Trade in Need of Balanced Business Practices in Maritime Supply Chains”.
The forum brought together prominent stakeholders, including representatives from international organisations, the global shipping and logistics sector, and shippers’ councils from across the globe. The discussions focused on addressing critical challenges and devising innovative strategies to enhance supply chain resilience, foster equitable and sustainable maritime trade practices, and improve overall efficiency.
Addressing Global Challenges in Maritime Trade
The discussions, led by Mr Denis Choumert, Chairman of the GSA, highlighted the urgent need to improve trade efficiency and supply chain operations at both national and global levels. Emphasis was placed on establishing minimum service agreements to enhance service quality and foster stronger cooperation with national authorities.
Ms Johanna Hill, Deputy Director General of the World Trade Organization (WTO), in her keynote address underscored the critical role of maritime shipping in global commerce, noting that over 80% of global trade by volume is transported by sea. However, challenges such as high freight costs, climate change, and economic uncertainties disproportionately affect developing nations and small island states. Ms Hill emphasised the importance of inclusive, green, and digital shipping practices to promote equitable global growth.
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