Regulation in the liner shipping industry: pathways to a balance of interests
Brooks, M.R.; Sys, C.; Vanelslander, T. (2021). Regulation in the liner shipping industry: pathways to a balance of interests. Int. J. Transp. Econ. 48(3-4): 289-313. https://dx.doi.org/10.19272/202106704001
In: International Journal of Transport Economics. Istituti Editoriali e Poligrafici Internazionali: Pisa. ISSN 0391-8440; e-ISSN 1724-2185, more
The Consortia Block Exemption Regulation (CBER) implemented by Commission Regulation (EU) No 697/2014 of 24 June 2014 expired April 25th, 2020 but was extended for a further four years. Examination of the 2020 five-year review of the CBER provides an opportunity to put forward some pathways to achieving a balance of interests between all actors involved, and in the interests of considering global regulatory implications. The main research question is: Are the interests of carriers and shippers in balance in the CBER era? If they are, will they also be in the future? If not, what evidence can be found that the interests are not in balance, and what should be changed to bring back balance? The study provides insights into the differing terms used, the varying approaches by regulators, the diversity of perspectives by the actors in a maritime supply chain, as well as explores the benefits and drawbacks of each regulatory pathway. The research is therefore relevant for scholars from a conceptual point of view, and for regulators as well as all actors in the maritime supply chain.
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