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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

BRUSSELS

"From the commission side we are looking at the situation, but I really don't think we should be jumping in to a policy decision unraveling everything that has been functioning rather well," said Magda Kopczynska, director of the maritime department Waterborne in the EU Commission, on Tuesday.

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