Search results for: European Union

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  • 9 January 2017
    Rules & Regulation

    Including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from shipping on a global basis, International Maritime Organization (IMO) Secretary-General Kitack Lim said in a letter to senior European officials. Lim acknowledged that the EU had an ambitious policy for addressing emissions and recognised that […]

  • 8 July 2016
    Business & Finance, Rules & Regulation

    The European Community Shipowners’ Associations (ECSA) and the International Chamber of Shipping (ICS), which represent over 80% of world merchant tonnage, have rejected the concept of the ship recycling license, developed by consultants for the European Commission. According to ECSA, if proposals to establish an EU ship recycling fund are taken forward, they will cause serious […]

  • 4 November 2015

    European Union is targeting increase in liquefied natural gas imports, exploiting its diversification potential.

  • 28 December 2011

    A new anti-piracy project with a startup grant of $2 million from the European Union has been initiated by the Eastern and Southern Africa and Indian Ocean region countries. The MASE (Maritime Security) project has been under development since May 2010 and it was signed last week by regional economic blocs including Comesa, EAC, Igad […]

  • 25 January 2017
    Rules & Regulation

    The European Council formally adopted a new set of rules governing ports in the European Union on January 23, 2017.  The rules are aimed at increasing the financial transparency of ports and creating clear and fair conditions for access to the port services market throughout Europe. The regulation is expected to make it easier for new […]

  • 28 April 2016
    Business & Finance

    Due to recent talks on whether UK should leave the European Union (EU) or stay as part of it, the trade union Nautilus International said at its meeting in April that the best interests of the maritime profession and the shipping industry would be secured by the UK remaining in the EU. The union, which represents maritime professionals in […]

  • 9 April 2020
    Business & Finance, Market outlooks, Outlook & strategy

    The European Union member states paid about 16.2 billion euros for the 108 billion cubic meters of liquefied natural gas they imported last year, according to the Commission’s latest gas market report. Last year’s LNG imports increased by a record 48 billion cubic meters or by 75 per cent when compared to 2018, boosted by […]

  • 8 July 2020
    Authorities & Government, Environment, Regulation & policy, Rules & Regulation

    The European Parliament’s environment committee voted on Tuesday, July 7, to include CO2 emissions from the maritime sector in the EU Emissions Trading System (ETS). Maritime transport is the only sector with no specific EU commitments to reduce greenhouse gas emissions, despite the fact that global shipping activity is estimated to emit around 2-3% of […]

  • 24 June 2016

    Members of the European Parliament (MEPs) voted in favour of increasing the European Union’s target for renewables to ‘at least’ 30% by 2030. Europe currently has a target of at least 27%, which was agreed by European leaders in October 2014. The parliamentary vote, which has no direct legislative impact, sends a clear message to […]

  • 25 April 2017

    European Union member states approved the European Commission’s proposal to invest €22.1 million in the development of transport and energy infrastructure through its Connecting Europe Facility (CEF).

  • 4 October 2016
    Authorities & Government, Business & Finance, Environment

    The European Parliament has approved the ratification of the Paris Agreement by the European Union. With the approval by the European Parliament, the European Council can now formally adopt the Decision. In parallel the EU Member States will ratify the Paris Agreement individually, in accordance with their national parliamentary processes. European Commission President Jean-Claude Juncker said: […]

  • 22 August 2017

    The European Commission has approved €45 million ($52.9 million) for the Chech plan to develop a network of refueling and recharging stations for vehicles running on alternative fuels.

  • 20 April 2015

    650 out of around 700 migrants reported to be aboard a boat that overturned in the Mediterranean on April 18 are missing and are presumed dead, in what could be the largest loss of life from any incident on the Mediterranean involving refugees and migrants, UN High Commission for Refugees (UNHCR) said. Naval and merchant vessels […]

  • 22 June 2015

    The European Council has officially launched the EUNAVFOR Med naval operation against human smugglers and traffickers in the Mediterranean, with a mission to identify, capture and dispose of vessels and enabling assets used or suspected of being used by migrant smugglers or traffickers. EUNAVFOR Med will be conducted in sequential phases, with the first phase focusing on surveillance […]

  • 21 April 2015

    The European Union’s foreign and interior ministers approved a 10-point plan of the immediate actions to be taken in response to the crisis situation in the Mediterranean, following an unprecedented disaster in which close to 700 migrants died after their boat capsized in Libyan waters on April 18. EU will reinforce the joint naval operations in the Mediterranean, namely Triton […]

  • 19 April 2017
    Business & Finance

    The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) rescue plan as the shipbuilder secured the necessary approvals for the aid, according to Yonhap News Agency. Namely, the South Korea’s latest restructuring plan for the ailing shipbuilder was approved by DSME’s main debt holder, National Pension Service (NPS), which holds some 30 percent of […]

  • 17 February 2017

    Croatian LNG project on the island of Krk has been awarded €102 million (Approx: US$108.6 million) under the European Union’s Connecting Europe facility (CEF).

  • 20 April 2020
    Authorities & Government, Business & Finance, Rules & Regulation

    Moving from carbon-intensive fossil fuels to more sustainable forms of energy is an area of major focus in the Netherlands as it is across Europe, but investing in energy transition involves navigating complex regulatory systems and bridging crucial knowledge gaps. On 28 November 2019, the European Parliament declared a global climate and environmental emergency. MEPs, […]

  • 18 January 2018
    Authorities & Government, Environment, Research & Development

    Members of the European Parliament (MEPs) have voted for a renewable energy target of 35% by 2030, rather than 27% earlier proposed by the European Commission. The Parliament also voted that the member states set national targets, from which they would be allowed to deviate by a maximum of 10% under certain conditions, as well […]

  • 13 November 2015
    Business & Finance

    In an initiative led by the global ferry industry association, Interferry, a correspondence group has been formed to recommend sector-specific metrics for ro-pax vessels under pending implementation rules for European Union (EU) legislation on the monitoring, reporting and verification (MRV) of carbon dioxide emissions. Ro-pax operators have argued that mixed cargoes demand a more appropriate metric […]

  • 13 January 2017
    Business & Finance

    More than EUR4 million of EU funds will help to safeguard heritage and coastal tourism sites in Wales and Ireland from the risks of climate change, the Welsh Government informs. The funding will also provide a stimulus for marine-based economic growth in the two countries. Funded by the European Union’s Ireland-Wales program, the CHERISH project […]

  • 19 June 2015

    The European Union has extended a set of restrictions imposed on Russia, including a ban on European cruise ship calls at the Crimean peninsula and Sevastopol, until June 23, 2016. The ban on EU cruise ships visiting the region is part of a general prohibition which has been introduced against services related to tourism activities in Crimea and […]