Help us by filling out this quick price survey

Take Survey
The European Commission (EC) to review the Consortia Block Exemption Regulation (CBER) regulating vessel sharing

The European Commission (EC) to review the Consortia Block Exemption Regulation (CBER) regulating vessel sharing

Posted on October 10, 2022   |  

  • The commission is likely to review the CBER regulating vessel sharing, before CBER's expiration in 2024, which has prompted furious responses across carriers and shippers.
  • The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) asking the Commission to ratify the legislation as it contributes to the EU policy plans of lowering transport emissions, increasing competitiveness, and improving efficiency to reduce costs.
  • Vessel sharing is an operational step that allows carriers to use ships more efficiently whilst continuing to compete on price and other commercial terms, and expand the scope of destinations and services available to customers.
  • The European Shippers’ Council, CLECAT, FEPORT, Global Shippers Forum (GSF), and more submitted a letter on 3 October asserting that the regulation allowed carriers to benefit from important market developments since the last renewal in 2020.