New Maritime Policy Approved To Develop The Maritime Transport Sector

On 12 June 2017, the South African Minister of Transport gave notice that Cabinet had approved the Comprehensive Maritime Transport Policy, 2017 ("CMTP"). The CMTP makes certain policy statements in order to develop South Africa's maritime industry. Below, we summarise certain policy statements that relate to the more commercial aspects of shipping, in the order in which they are dealt with in the CMTP. The CMTP aims to:

1. establish, in consultation with relevant organs of state and stakeholders, a coherent and integrated strategy in the maritime transport sector, including the creation of a formalised maritime transport platform within government and a Maritime Transport Sector Development Council to establish a multi-year Maritime Transport Sector Development Plan.