MEDIA RELEASE
“Global Trade in Need of Balanced Business Practices
in Maritime Supply Chains”
Brussels, Belgium, November 18, 2024 – The Global Shippers’ Alliance (GSA), in collaboration with the European Shippers’ Council (ESC), convened a pivotal roundtable discussion titled “Global Trade in Need of Balanced Business Practices in Maritime Supply Chains” in Brussels on Monday. 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.
Paving the Way for Digitalisation and Data Collaboration
During the panel discussions, experts explored the transformative role of data in modern supply chains. They highlighted the increasing reliance on real-time data for resilience, security, and ESG compliance. Speakers stressed the importance of enhancing interoperability and standardisation to improve data quality and foster collaboration across the supply chain ecosystem.
Mr James Hookham, Secretary General of the Global Shippers’ Forum, emphasised the need for digital neutrality and trust in data sharing, while Mr Dominique Willems of the Digital Container Shipping Association advocated for the adoption of standardised digital tools such as electronic Bills of Lading (eBL). However, barriers such as legacy systems, regulatory complexities, and the prioritisation of digital initiatives were acknowledged as challenges requiring immediate attention.
Building Fairer Relationships Among Stakeholders
The roundtable also addressed the need for fairer relationships between shippers, carriers, and other supply chain stakeholders. Discussions focused on ensuring transparency in surcharges, demurrage, and detention practices, particularly for smaller shippers and those in developing countries who face weaker bargaining positions. Experts called for enforceable contracts, clearer regulatory frameworks, and improved dialogue among stakeholders to ensure equitable treatment.
Collaborative Solutions for a Sustainable Future
Concluding the roundtable, Godfried Smit, Secretary General of ESC, emphasised the shared responsibility of all stakeholders to create resilient, sustainable, and inclusive supply chains. “The supply chain belongs to all of us, and we are condemned to collaborate,” he stated, highlighting the importance of digitalisation, regulatory harmonisation, and ongoing dialogue to address the complexities of global trade.
The event reaffirmed the GSA’s commitment to fostering collaboration, driving innovation, and paving the way for a more inclusive and sustainable global trade ecosystem.
