Independent journal on economy and transport policy
11:26 GMT+1
ON SEPTEMBER 30 IT WILL BE WIDNED UP THE SEAC CONFERENCE WHICH CONTROLS THE TRADE BETWEEN MEDITERRANEAN AND NORTH AMERICA
In the meantime a new body including Maersk, Sea-Land and P&O Nedlloyd has been set up. Thirteen employees of the conference secretariat of Genoa are jobless.
September 9, 1997
Giant size of container ships, pendulum services, hub ports, heavy presence of new shipping companies in services to the North Atlantic, together with the constant decrease of the freight rates, come to non-profitable prices, have had a destroying effect on the conference which regulates the traffic among the West Mediterranean ports and the American ports of the Atlantic Ocean and the Gulf, the South Europe American Conference (SEAC), which on September 30, it will wind up with a complete agreement of the eight companies which make it up.
Perhaps the decision shows conflicting interests in the shipping world where big companies compete for a course which is always been the most difficult in the world and, upon which there is no more market stability.
Such reasons, which no more represent a single traffic sector but the scenario of all the shipping world, determined the decision taken by the eight companies, which unfortunately also involves the thirteen employees of the conference secretariat located in Genoa that from October 1 will be unemployed.
In the meantime four of the eight shipping companies, for some days still members of the SEAC, set up a new conference the United States South Europe Conference. They are the Maersk Line, the Sea-Land, the P&O Nedlloyd B.V. and the P&O Nedlloyd Ltd. The new conference takes care of the traffic setcors the SEAC was in charge of, and so far she has not yet establised a secretariat conference.
THE TWO CONFERENCES
SEAC South Europe American Conference (winding up on September 30, 1997)
From the Italian, French,Mediterranean ports, Spanish and Portuguese ports to the United States ports of the Atlantic and Gulf and viceversa.
Member companies:
Deutsche Seereederei Rostock/Senator - DSR/Senator, Rostock Evergreen Marine Corporation, Taipei Italia di Navigazione, Genoa Maersk Line, Copenhagen P&O Nedlloyd B.V. (ex Nedlloyd), Amsterdam P&O Nedlloyd Ltd. (ex P&O), London Sea-Land Service, Charlotte Zim Israel Navigation, Haifa
Conference secretariat: 16123 Genoa, vico San Luca 4, tel +39.10.2477063, fax +39.10.2477049 (Local responsible in Italy Luca Spallarossa)
UNITED STATES SOUTH EUROPE CONFERENCE (operating from October 1, 1997)
From the Italian, French,Mediterranean ports, Spanish and Portuguese ports to the United States ports of the Atlantic and Gulf and viceversa.
Member companies: Maersk Line, Copenhagen P&O Nedlloyd B.V. (ex Nedlloyd), Amsterdam P&O Nedlloyd Ltd. (ex P&O), London Sea-Land Service, Charlotte
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
Giant size of container ships, pendulum services, hub ports, heavy presence of new shipping companies in services to the North Atlantic, together with the constant decrease of the freight rates, come to non-profitable prices, have had a destroying effect on the conference which regulates the traffic among the West Mediterranean ports and the American ports of the Atlantic Ocean and the Gulf, the South Europe American Conference (SEAC), which on September 30, it will wind up with a complete agreement of the eight companies which make it up. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
