EU Commission rejects action against overheated container market

Although many major players in the maritime sector point to a congested container market, rising freight rates and issues in handling megaships, the EU Commission refuses to intervene at this stage.
Container ship Ever Given, stuck in the Suez Canal in March. Many players in the shipping industry are not enthused to see more and more megaships dominate the global container routes, but the EU Commission has no plans to take action against the issue. | Photo: Mohamed Elshahed/AP/Ritzau Scanpix
Container ship Ever Given, stuck in the Suez Canal in March. Many players in the shipping industry are not enthused to see more and more megaships dominate the global container routes, but the EU Commission has no plans to take action against the issue. | Photo: Mohamed Elshahed/AP/Ritzau Scanpix

BRUSSELS

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading