Three shipping lines join ELAA but ACL departs, fearing perception of wrong doing

2008-3-26

The European Liner Affairs Association (ELAA) has attracted three additional container shipping lines to join the organisation, following a recent membership meeting in Singapore.

The three new members are Pacific International Lines, Wan Hai Lines, and Independent Container Line.

But this follows the recent departure of Atlantic Container Line from the group, whose CEO Andrew Abbott feared that any planned collection of collation of shipping data might be perceived to be illegal by the EU competition authorities.

The ELAA through its members represents over 85 per cent of the world's vessel operating capacity. "Expansion of the association is obviously good news for ELAA, and is indicative of carrier's support for our future plans," said ELAA executive director Chris Bourne in a statement.

"Following the end of the conference system in Europe on October 17 this year, we plan to implement an information exchange system, which will bring unprecedented access to market data for all sectors of the industry."

Source: Schednet
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