Independent journal on economy and transport policy
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ESC complains that container shipping companies are taking advantage of the situation to make huge profits
The association points out that sea carriers do not provide benefits to market users as provided for in the block exemption regulation
November 26, 2020
For the European Shippers' Council, in particular in the current situation made difficult by the effects of the Covid-19 pandemic, shipping companies would offer low-quality services configured for the benefit of customers, would increase the number of poor services or unseeded services, would focus maritime services on certain routes abandoning others, would reduce port ports and densities traffic and would leave goods stationary in ports for longer periods of time long than expected. In addition, the ESC complains that the containerised consortia would not comply with their obligations in long-term contracts, would block the delivery of containers to the detriment of shippers, would exacerbate the problem of containers and would continue to adopt the practice of blank sailing.
ESC's final complaint is heavy: companies navigation would be taking advantage of this situation to make huge profits, to their sole advantage.
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