Traffic World reports EU's Competition Directorate (referred to as DG Comp), has given ocean carriers notice they are considering changing the rules, some more:
"A new DG Comp proposal threatens to limit liner carriers' ability to share vessel capacity through alliances, slot exchanges and vessel-sharing agreements.
The draft proposal for consortia regulation came just as the liner industry is adjusting to the Oct. 18 end of a 150-year-old system of rate-setting conferences in European trade lanes.
Carriers were shocked by the proposal's assumption that there is no competition among carriers that are members of alliances or vessel-sharing agreements, and that these kinds of consortia would be considered as single entities when measuring an agreement's market share."
If this goes through, look for more mergers in the international shipping industry.
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