Air Aviation emissions: MEPs vote to limit EU ETS to intra - EU flights - On 3 April 2014, MEPs voted to back a deal reached with member states to amend the European Union's Emissions Trading Scheme (EU ETS), under which flights to and from aerodromes in countries outside the European Economic Area (EEA) will be exempt from the provisions of the EU ETS until 31 December 2016. This derogation will then have to be reviewed in light of the future ICAO agreement applying a single global market - based measure, to be implemented by 2020.
Shipping -
P3 Agreement Clears FMC Regulatory Review - The Federal Maritime Commission (FMC) announced on 20 March that it has concluded an extensive review of the proposed P3 Network Vessel Sharing Agreement, concluding that the agreement is not likely at this time, by a reduction in competition, to produce an unreasonable increase in transportation cost or an unreasonable reduction in transportation service under section 6(g) of the Shipping Act. The FMC’s decision will allow the Agreement to become effective as scheduled on 24 March 2014.
Commission consultation on prolongation of special competition regime for liner shipping consortia – Between 27 February and 31 March 2014, the European Commission invited comments on a proposal to prolong an exemption of liner shipping consortia from the application of EU antitrust rules that prohibit certain agreements between companies. In light of the comments received, the Commission will then adopt a new Regulation before the expiry of the current Regulation in April 2015.
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