Container carriers believe in EU deal before 2016

The protracted case concerning the container industry's allegedly coordinated rate increases could lead to a deal between the industry and the EU's Commissioner for Competition, Margrethe Vestager, later this year, industry sources tell ShippingWatch.
Photo: Niels Hougaard
Photo: Niels Hougaard
BY TOMAS KRISTIANSEN

The EU Commission's by now several years long investigation of 14 container carriers' alleged coordination of general rate increases could maybe result in a deal between shipowners and the EU later this year, industry sources tell ShippingWatch, though it has not been possible to confirm the information with the EU's competition authorities.

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