Independent journal on economy and transport policy
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The World Shipping Council welcomes the extension of the Exemption Regulation for Containerized Shipping
Butler: Ship sharing is the backbone of the global line shipping network
March 24, 2020
"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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