Merchant fleet development by legislation: lessons from West and Central Africa

Research output: Chapter in Book/Report/Conference proceedingChapter

4 Scopus citations

Abstract

In the late 1960s and early 1970s, several developing maritime nations began to invoke their "legitimate right' to carry, in their own vessels, cargo generated by their own import and export trades. Consequently, they embarked on the establishment and development of national merchant fleets by means of cargo reservation legislation and flag discrimination practices. West and Central African states have pursued a vigorous policy of merchant fleet development for over two decades. This study examines some of the cargo reservation policies and flag discrimination practices in West and Central Africa and concludes that these two measures alone are insufficient to build up a significant merchant marine. Merchant fleet development depends equally on the resolution of problems such as shortage of ship finance or capital, disruptive bureaucratic politics among the state agencies concerned with shipping, low volume of trade, and contradictory and ambivalent fiscal and macroeconomic policies in these countries that impede the development of the maritime sector. -from Author

Original languageEnglish (US)
Title of host publicationMaritime Policy & Management
Pages297-317
Number of pages21
Volume19
Edition4
StatePublished - 1992
Externally publishedYes

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ASJC Scopus subject areas

  • Earth and Planetary Sciences(all)
  • Environmental Science(all)

Cite this

Iheduru, O. (1992). Merchant fleet development by legislation: lessons from West and Central Africa. In Maritime Policy & Management (4 ed., Vol. 19, pp. 297-317)