A shipping conference is a group of shipping corporations which follow certain agreements and then offer specialized services to their customers. Also known as a shipping conference. A shipping conference can decide on these matters as to whether the company’s output should be increased decreased, or remain as it is. It also decides on the line that should be taken in terms of shipping, and even if the customer should be compelled to change shipping routes.
The shipping conference or meetings are usually held periodically, either every few years or once every year. In some cases, they are combined into a single conference which is again usually organized by one or two shipping companies, but not necessarily all of them. Usually, a shipping conference will consist of all the shipping lines, or most of the shipping lines, which are usually from different parts of the world. If a country is not represented at the shipping conference or meeting then the country is usually represented by a representative. These conferences are used to exchange new terms, prices, and other information between the shipping companies and their customers.
This type of conferencing tends to be quite costly, mostly because of the long distance that is required. But, it is very useful when certain routes do not tend to offer the service that is being requested. This conferencing can be especially useful for businesses that have a huge demand for certain types of shipping services, or when a shipping conference could mean that the monopolistic tendencies of one or a few companies would be reduced or eliminated, thus benefiting the rest of the industries that use those routes. Shipping companies can also use shipping conferences to convince the governments of certain countries to open up their shipping routes for competition, since shipping companies often lobby government agencies for this.