The impact of transitional changes on maritime transport in Central and Eastern Europe

Abstract

At the end of the eighties, fundamental changes took place in Central and Eastern European shipping. Former socialist shipping corporations began offering services under market conditions and left behind the rigid leeway of central planning and regulation. Extensive adjustments in ownership and legislation have transpired, and services and markets, as well as the operations within, have changed significantly. The restructuring of maritime transport is being carried out within the framework of forms that derive from changes in the economic macrosystems as a whole. Careful analysis of the process of corporate transition identifies unique patterns of diminishing, permanent, and incipient components utilized during the reorientation of fleet strategy, market and service changes, and company restructuring. All transition arrangements have been greatly influenced by the integration of Central Eastern European countries with the European Union.