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05 April 2020 The on-line newspaper devoted to the world of transports 20:40 GMT+2

March 24, 2020

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Original news
The World Shipping Council welcomes the extension of the Regulation exemption for containerized shipping

Butler: ship sharing is the backbone global line shipping network

The first acclaim for the Commission's green light today European Union to extend the European Regulation until 25 April 2024 exemption by category for containerized maritime consortia, extension was approved without changing the standard, it is World Shipping Council (WSC), the association that represents the shipping companies in the sector, i.e. those operating scheduled services.

"The line shipping industry has WSC Chairman and CEO John Butler - continued to support the Block Exemption Regulation because it provides legal certainty for the use of Vessel Sharing Agreements, which are essential operational tools used by carriers to provide customers with better services at lower cost and better environmental performance. The sharing of ships - has explained Butler - represents the backbone of the global network maritime transport and we should not underestimate the value of this tool for smaller carriers and routes with limited volumes of traffic, where otherwise the could not support more competitors.'

'We have seen the findings that the Commission has drawn when he published his working paper last fall - concluded the representative of the World Shipping Council - and we are pleased to acknowledge that the final decision agrees with the previous conclusions.'

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