TITLE

The marine environment and ocean shipping: some implications for a new Law of the Sea

AUTHOR(S)
Abrahamsson, Bernhard J.
PUB. DATE
March 1977
SOURCE
International Organization;Spring77, Vol. 31 Issue 2, p291
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The purpose of this paper is to explore some of the potential effects of a new Law of the Sea on international shipping, with particular reference to the control of pollution from ships. One substantial and certain effect will be rising costs for ship owners, and this must be reflected in higher freight rates and the concomitant impact on international trade. More significantly, however, there may be strong tendencies toward bilateral shipping agreements and government controls of the industry and the rates. The consequences may well be a division of the present internationally mobile and largely free shipping industry into smaller and rigidly distinct sectors and markets. Such a development would be a serious setback to free trade, and could adversely affect continued growth, as well as the integration of the world's economies, all of which have been primary policy objectives during the whole post-World War II period. The trend would clearly have most serious repercussions in the area of ocean pollution control and the Law of the Sea as it applies to that provenance.
ACCESSION #
5181710

 

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