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CANADA/MED CONFERENCE ENDS INLAND PRICING IN EUROPE

CANADA/MED CONFERENCE ENDS INLAND PRICING IN EUROPE

   The Med Can Conference, the conference active in the
trade between the Mediterranean and Canada, announced that it is ending its
long-established joint inland tariff, with immediate effect.
    The action has been taken to ensure compatibility with the regulatory
regime within Europe, the conference said.
    The European Commission has argued for years that conferences did not
have any immunity to set joint inland or intermodal rates in Europe.
    The decision of the Mediterranean/Canada conference to discontinue
inland pricing follows similar moves by the northern Europe/Canada conferences, the
Trans-Atlantic Conference Agreement and other conferences to and from Europe.
    The members of the Med Can Conference are Canada Maritime, Cast,
DSR-Senator and Zim Israel Navigation Co.