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Maritime regulators discuss competition in strained freight market

Maritime competition authorities from the US, the EU and China met virtually this week to discuss the red-hot freight market and Covid-19-related challenges, among other things.

Port of Los Angeles where containers are piling up | Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

Competition authorities in the maritime sector from the US, the EU and China met virtually this week to exchange insights concerning the frenzied ocean freight market, among other things.

Specifically, the three authorities participated in the Global Regulatory Summit, arranged every two years to discuss competitive challenges related to the global shipping sector.

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