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Liner conference

C1. Commercial shipping, chartering, economics and finance

Definition

Group of liner carriers fixing rates and capacity.

A liner conference is a group of liner carriers on a trade route that agree common tariffs and may regulate sailings and capacity, a cartel arrangement that historically held antitrust immunity. The EU withdrew its block exemption in 2008 under Regulation 1419/2006, ending price-fixing conferences in EU trades, and the US Shipping Act regime weakened them through service contracts. Conferences have largely been replaced by consortia and vessel-sharing agreements, which share ships and slots but set prices independently. The narrower consortia exemption in the EU then expired on 25 April 2024.

Source: EU Regulation 1419/2006 (repeal of the liner conference block exemption)