THE POLISH SHIPPING COMPANIES IN MARKET CONDITIONS
Journal Title: Biuletyn Instytutu Morskiego - Year 1993, Vol 20, Issue 2
Abstract
At the end of the eighties fundamental changes took place in the Polish shipping. Implementation of the market economy system was at first demonstrated in the introduction of the principles of self-dependence, self-government and self-financing of the shipping companies. Privatization performed a key role in the program of transformation of the centrally planned system into the market oriented financially independent shipping organizations. The previous principle of necessary participation of the own fleet in transport of own sea-borne trade has been mostly replaced by crosstrade. Many shipping services have left its basic ports in the country for West European basis securing alimentation of home and transit cargoes by feeder- service systems. Join stock companies in shipping with substantial share of a foreign capital are welcomed and the previously obligatory system of administrative methods of the state monopoly was abolished. The principles of the shipping policy represented in the past by Poland and also by UNCTAD in 1960s have lost their impact and must be changed and adapted to the new demands of the shipping markets.
Authors and Affiliations
Maciej Krzyzanowski
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