CLECAT and nine other trade organisations, representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping, issued a joint press statement today, following a joint letter to Vice-President Vestager demanding an immediate start to the review of European Union’s Consortia Block Exemption Regulation for the container shipping industry. The Regulation exempts container shipping lines from many of the checks and balances of EU competition law and permits them to exchange commercially-sensitive information to manage the number and size of ships deployed and the frequency and timing of sailings on trade routes around the world. (....)