Freight News, Sea

Four more years for liner block exemption

[ November 25, 2019   //   ]

The European Commission is to extend the Consortia Block Exemption Regulation by another four years, following a consultation with the industry and its customers. It concluded that the regulation, which allows the operation of alliances and consortia between lines (but not shipping line ‘conferences’) did not materially reduce competition. The current exemption is due to expire on 25 April next year.

Shipper groups had been pressing for an end to exemption, arguing that the Exemption had harmed service levels and increased freight rates.