European Shipowners Welcome EU-Singapore Trade Deal

European shipowners welcomed the free trade agreement between the EU and Singapore, which was signed during last week’s Asia-Europe summit. “European shipowners welcome the fact that the EU and Singapore show their commitment to free, fair and rules-based trade at a time that protectionism is on the rise,” Martin Dorsman, ECSA’s Secretary General, said. “Shipping needs global
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The shipping industry is now set on a serious decarbonisation course and the search is on for credible, viable and cost-effective solutions to meet the IMO’s initial strategy challenge to peak GHG emissions from international shipping as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared
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The European shipowners are pleased with the European Council’s decision of 30 July to extent the mandate of EU NAVFOR Somalia Operation Atalanta until 31 December 2020. The objectives of the Operation Atalanta is the deterrence, prevention and repression of acts of piracy and armed robbery off the Somali coast and the protection of the
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NEW DELHI: The GST Council announcement regarding Multi-Modal Transportation is expected to clear doubts over interpretation of tax by authorities, although it may not lower the logistics costs, point out industry experts. Container movement handled by train operators, for instance, was not interpreted by some officials as part of “composite services” due to lack of
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Speaking after Monday’s (June 25) Parliamentary vote in favour of the National Policy Statement for Heathrow expansion, Mr Robert Keen, Director-General of the British International Freight Association (BIFA), said: “Whilst BIFA welcomes the positive news from Parliament yesterday, today’s media coverage of the obstacles that the project still faces leave me with a certain sense
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Latvian Port of Riga has invested millions of euros in its infrastructure in order to be able to accommodate large vessels. As explained, cargo owners wish to reduce their costs and carry out shipments using ships with a greater deadweight capacity. As a result, the port handled in 2017 almost three times more cargo than
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