European Commission extends block exemption regulation by four years

Reacting to the decision by the European Commission to extend the Consortia Block Exemption Regulation (CBER) by another four years, the Global Shippers Forum (GSF) has said: “After conducting an intensive and well-evidenced campaign against the CBER, GSF is disappointed and frustrated by this decision. But GSF also recognises the pressing need for global supply chains to be kept functioning under the current extreme conditions created by the Covid-19 virus. With the current block exemption expiring on 25 April, this decision will provide the needed continuity for shipping consortia to operate in the short-term.