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Policy & Compliance
www.bifa.org
Liner Shipping Consortia Block Exemption Regulation
At a time when many Members are unhappy with how they have been treated by carriers, the Competition and Markets Authority is set to review and consult on the Liner Shipping Consortia Block Exemption Regulation
Over the last two years, one of the most difficult subjects that BIFA has dealt with relates to problems in the maritime container market. In particular, Members have voiced concerns about carriers, including their unilateral withdrawal of contract rates from the former, poor customer service levels, and the charging of quay rent and demurrage even when it has resulted from poor carrier performance. BIFA surveyed its membership, and the subject has been
discussed at length at the regular Surface Policy Group meetings. One matter that all respondents to BIFA’s survey agreed upon was the need to improve the regulatory monitoring of shipping line activities, in particular where they acted not only as carrier but also as logistics provider. BIFA has been in regular contact with the Competition and Markets Authority (CMA) to raise Members’ concerns. Given the impact of high freight rates on trade and consumers,
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October 2022
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