The regulation, which expires in April 2024, is now under review by the European Commission’s Directorate-General for Competition (DG COMP).
Whilst EU Block Exemption Regulations for consortia have been continuously in place since 1995, the Commission first adopted the CBER in its current form in 2009. It was adopted for a period of five years and, since then, it has been extended twice following EC’s evaluations, first in 2014 and again in 2020.
The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) have given their input to the EC in a joint submission, accompanied by an expert economic report prepared by RBB Economics.
