| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/05/477 (25.4.05) |
| Publication Date | 25/04/2005 |
| Content Type | News |
|
The European Commission on 25 April 2005 renewed until 25 April 2010 a block exemption allowing shipping companies to enter into consortium agreements covering the maritime transport of cargo to or from one or more EU ports. The block exemption, first adopted in 1995 and previously renewed in 2000, automatically covers liner shipping consortia which have a market share of below 30% (or 35% if operated outside a so-called liner conference). The European Commission also introduced some minor amendments, following consultations with Member States and interested parties. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/477&format=HTML&aged=0&language=EN&guiLanguage=en |
| Related Links |
|
| Subject Categories | Internal Markets, Mobility and Transport |
| Countries / Regions | Europe |