VSA

Zim Pulls Asia-Australasia Services To Launch VSA With MSC

Credit: Shaah Shahidh/ unsplash

Zim is pulling its ships out of the Asia-Australasia trades and joining a vessel-sharing agreement (VSA) with MSC., says an article published on The Load star.

Oceania-related services

The news comes after the Haifa-based carrier posted a $213m second-quarter net loss and reaffirmed its expectations of an ebit loss of up to $500m for the year.

“The Israeli carrier is set to suspend all three of its Oceania-related services,” said Alphaliner. That includes the...

https://mfame.guru/zim-pulls-asia-australasia-services-to-launch-vsa-with-msc/

German Competition Authority Backs Reform Of Box Line Block Exemption

Germany’s competition authority, the Bundeskartellamt, has backed opponents of any plan to extend the box line block exemption (CBER) and said it should be reformed, or phased out. As the EC looks into whether to extend the exemption after April 2024, shippers, and now the Bundeskartellamt, argue that instead, the regulations should be changed, reports The Loadstar.

About the change

Noting the power in the market of the large shipping lines, which are also a significant presence in verticals such...

https://mfame.guru/german-competition-authority-backs-reform-of-box-line-block-exemption/

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