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You are here: Home Archive 2009 Apr 02 Owners wait for Brussels move

Owners wait for Brussels move

by Obsidian last modified Apr 02, 2009 12:00 AM

European Commission competition regulators have shown a clear understanding of market realities during the economic downturn which, shipowners hope, will be extended to a new regulation covering consortia agreements between container lines.

But lawyers are warning that Brussels is unlikely to relax antitrust rules because of the credit crunch.

Brussels is now putting the finishing touches to a draft regulation on liner shipping consortia after considerable lobbying from the industry.



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