On 7 September 2021, senior government officials from the EU, the US and China took part in the Fifth Global Maritime Regulatory Summit.
Participants discussed the competition and maritime authorities responsible for regulating international liner shipping in the world’s largest liner trade lanes.
The Summit covered sectoral developments since the start of the COVID-19 pandemic, including the challenges faced by the international container transport sector and broader issues of maritime supply chains.
Participants also agreed that the pandemic presented operators in shipping companies, ports and logistics services with exceptional challenges, on routes to and from the EU as well in other parts of the world.
For this reason, they exchanged opinions on the respective actions taken by their jurisdictions, as well as future outlook and perspectives, including possible actions to increase the resilience of the sector.
The Summit takes place every two years and is a forum to foster cooperation between the three authorities. The next Summit will be convened in 2023 in China.