A recent study by Oxford Economics' Andrew Goodwin titled, "The Economic Value of the EU Shipping Industry" examines the shipping industry's impact on member states using a variety of indicators.
Norwegian ferry company Color Line has expressed the importance of flagging its vessels with the country's International Register which it hopes will become more competitive with the Swedish and Danish flags.
The Hong Kong Government has collaborated with consulting firm BMT Asia Pacific on a research project aimed at reviving the country's reputation as an international maritime center.
Industry representatives in the Union of Comoros met last week to discuss developing a maritime code of conduct to administer best practices in the region.