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E-book Chamber of Shipping : Monaco
The shipping sector supports and enables more than 90 % of the world’s international trade. This complex and dynamic industry underpins passengers' transportation on ferries and cruise ships as well as moving all kinds of cargo on container, bulk and tanker vessels. In the Principality of Monaco, the shipping industry represents in excess of 4% of the country‘s GDP and employs more than 1.000 people. The Monaco managed shipping fleet ranks in the top twenty largest fleets in the world. In this context, the Chamber of Shipping was created in 2006 to promote this key sector of the Monegasque economy and to represent the voice of the shipping operators in the Principality. To further enhance its stature, in recent years, the Monaco Chamber of Shipping organized the Monaco Shipping Event, a biennial meeting for all those involved in the shipping sector. In May 2015, the Chamber inaugurated a brand new concept of Annual Gala Dinner. The Monaco Chamber of Shipping acts as the spokesperson for the collective voice of the industry. The Chamber also constitutes as a link between those in the maritime industry and the Monaco Authorities. In order to raise the profile of the shipping sector and highlight its importance within the economy, the Chamber’s Chairman and the Board of Directors regularly meet with senior representatives of the Principality’s Government.
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