Member Action - Public consultation on the deep sea container market
One of the most controversial issues faced in our sector in recent times has been problems within the deep-sea container market.
BIFA has liaised with its Members for their views on this matter and has discussed the matter with the UK’s Competition and Markets Authority (CMA).
On the 19th January, the CMA launched a public consultation on its proposed recommendation to the Secretary of State for Business, Energy and Industrial Strategy regarding the retained Liner Shipping Consortia Block Exemption Regulation.
The purpose of the consultation is to seek views on whether the UK government should keep a similar block exemption regime for the liner shipping industry, as the retained CBER originating from EU law will expire on 24th April 2024.
To this end, the CMA is proposing to recommend that the Secretary of State replace the retained CBER with a Liner Shipping Consortia Block Exemption Order (CBEO), which would be broadly similar to the current regime.
It is important that all Members working in the deep-sea container market read the proposal document, and share their responses; answering as many questions as they deem appropriate.
The consultation lasts until the 23rd February 2023.