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04 April 2020 The on-line newspaper devoted to the world of transports 00:21 GMT+2

March 25, 2020

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ICS stresses the importance of OK to maintain current EU rules on containerised maritime consortia

Bennett: the awareness that cooperative agreements sharing ships can continue to exist will help overcoming the crisis

The International Chamber of Shipping (ICS), an organisation represents more than 80% of the world's merchant fleet, confirmation from the European Commission extension of the Exemption By Category Regulation for containerized maritime consortia that maintains the current EU competition legislation for this sector up to 25 April 2024 ( 24 March 2020).

"The decision - underlined the Deputy Secretary ICS general, Simon Bennett -- it's very important because will also influence the position taken by other authorities competition guarantors around the world if and when will review the application of their own rules on competition for international maritime transport. We appreciate the in-depth procedure and we commend the European Commission for taken this decision.'

"The Commission," Bennett continued, "has come to to its important decision before the Covid-19 took the and the awareness that the cooperative agreements of ship-sharing can continue to exist with certainty will help the recovery of global maritime trade once the current crisis is over."

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