News / Asian carriers will be hit harder by CBER demise than European peers

Photo: VesselFinder

Asian box lines possess far fewer large containerships than their European peers and may be more adversely affected by the EC decision last week not to renew consortia block exemption regulation (CBER) when the immunity expires on 25 April 2024.

Former Yang Ming chairman Bronson Hsieh told Taiwanese newspaper ETToday that 20% to 50% of European carriers’ slots were placed in alliances, while for the Asian carriers, the percentage was 70% to 80%.

He explained: “If alliances adjust their operating conditions, it ...