News / Container shipping industry calls for five-year extension to block exemption regulation

© Dan Talson

Container liner industry groups today called for the European Commission to renew the block exemption regulation that covers shipping services for a further five years.

The current exemption, which allows carriers to operate as consortia in trades serving the EU and was introduced when the EC banned the liner conference system, is set to expire on 25 April 2020.

Earlier this year, a report from the OECD-funded International Transport Forum concluded that the consolidation of alliances into three major groupings had reduced ...