These notes have been prepared to provide guidance on the conduct of SIGTTO meetings to avoid infringement of laws covering what are generically referred to as “anti-competitive practices” as established in the countries of our members. By their nature, these notes are general and cannot be considered exhaustive.
The SIGTTO By-Laws include a clause on Prohibited Activities, relevant parts as follows:
Section 2.04 Prohibited Activities
(e) Not engage in fixing or regulating freight, charter or other transportation rates or in fixing vessel management or operating fees or the terms and conditions of any of these;
(f) Not engage in any activity which in is contravention of the laws of Bermuda or England or the laws applicable to any Member
(g) Refrain from any activity that involves the collection or dissemination of commercial data, or activities that may be construed as representing the commercial interests of any or all of its members.
Building on the By-Laws, the following lists summarise the principal dos and don’ts for participants in any SIGTTO meeting:
Discuss or make agreements or decisions on any of the following: