Search results for: WTO

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  • 8 April 2016

    Growth in the volume of world trade is expected to remain sluggish in 2016 at 2.8%, unchanged from the 2.8% increase registered in 2015, the World Trade Organization (WTO) estimates. Imports of developed countries should moderate this year while demand for imported goods in developing Asian economies should pick up. Global trade growth should rise […]

  • 15 May 2019

    Shipowners expressed their concern over recent trade developments impacting the shipping sector. 

  • 4 February 2020
    Business & Finance

    Japan has filed a new petition with WTO against South Korea concerning shipbuilding subsidies.

  • 5 December 2013

    Unnecessary delays in the liquefied natural gas and coal export permitting process may run afoul of U.S. international treaty obligations under World Trade Organization (WTO) agreements, according to a report by former WTO Appellate Body Chairman James Bacchus. The report, which the National Association of Manufacturers (NAM) commissioned, examines two central questions: Do unreasonable delays […]

  • 17 December 2015
    Business & Finance

    Danish shipping and offshore energy conglomerate Maersk Group has joined the Global Alliance for Trade Facilitation under World Trade Organization (WTO). The new alliance was announced at the 10th WTO Ministerial Conference in Nairobi, Kenya and consists of governments, international companies and the International Chamber of Commerce and the World Economic Forum. “When fully implemented, the […]

  • 2 December 2009

    Marine scientists warned the World Trade Organisation on Tuesday that the world’s seas were in peril and called for a new WTO deal to discourage over-fishing. “The health of the world’s oceans is hanging in the balance,” they said in a letter to WTO chief Pascal Lamy, citing World Bank estimates that $50 billion a […]

  • 7 March 2005

    The World Trade Organisation on Monday gave South Korea three months to halt certain shipbuilding subsidies following a complaint by the European Union against the world’s leading shipbuilding nation. The WTO’s disputes settlement panel said it had decided to “uphold the EU’s claim that Korea has provided prohibited subsidies” via the Korean export-import bank Kexim.

  • 26 November 2018

    The EU has requested to join Japan in an ongoing complaint against South Korea, WTO said.

  • 14 November 2018

    Japan has requested WTO dispute consultations with South Korea concerning subsidies for shipbuilders.

  • 23 August 2012

    Wednesday 22 August, Russia joined the World Trade Organization as 156th country. It is the last large economy to join the WTO, ten years after China. China’s joining resulted in a huge increase in world trade, shipping and the port sector, and caused price rises in shipping transport and capacity shortages in ports. Given the […]

  • 7 November 2018
    Business & Finance

    South Korea and Japan in dispute over shipbuilding subsidies.

  • 7 December 2018

     European shipowners and shipbuilders back the talks between the EU and South Korea on state subsidies.

  • 26 February 2013
    Business & Finance

    Russia is the second-most important trading partner for the Port of Hamburg in terms of seaborne container handling. With a total volume of approx. 675,000 standard containers (TEU) handled between Hamburg and the Russian ports, the volume of container traffic was up by a further 13.3 per cent in 2012, consolidating the lead in foreign […]

  • 3 August 2015
    Business & Finance

    The risks from a slowdown in Chinese consumption to container shipping are far smaller than for the dry bulk sector, but they are not inconsiderable and will contribute to slowing world box growth, according to Drewry. Greater China (including Hong Kong) represents approximately 30% of all container moves in the world, having nearly doubled its […]

  • 18 September 2012
    Business & Finance

    The start of Russia’s WTO membership on 22 August 2012 will give trade relations with Europe a significant boost. “The dismantling of trade barriers will strengthen Hamburg’s role as the leading hub of Russia’s trade with the European Union and the world“, says Jutta Ludwig, CEO of HWF Hamburg Business Development Corporation. She continues: “Hamburg’s […]

  • 3 August 2015
    Business & Finance

    The risks from a slowdown in Chinese consumption to container shipping are far smaller than for the dry bulk sector, but they are not inconsiderable and will contribute to slowing world box growth, according to Drewry. Greater China (including Hong Kong) represents approximately 30% of all container moves in the world, having nearly doubled its […]

  • 9 July 2010

    More than two dozen people have sued cruise ship auctioneer Park West on Tuesday, alleging the company sold them fake, forged or overpriced artwork, according to reports in the Detroit Free-Press in the United States. The suit, filed in a Michigan county circuit court, is the latest in a flurry of litigation the biggest seller […]

  • 15 August 2006

    The transport sector is one of key contribu-tors to the country

  • 12 October 2015
    Business & Finance

    The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP becomes active, especially as Hillary Clinton, the front-running U.S. presidential candidate […]

  • 26 March 2014

    U.S. Subcommittee on Energy and Power examined H.R. 6, the Domestic Prosperity and Global Freedom Act. The bill will accelerate approvals of U.S. LNG exports to American allies. The legislation facilitates automatic approvals of all export applications that have been noticed in the Federal Register and modifies the process moving forward so that exports to […]

  • 12 October 2015
    Business & Finance

    The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP becomes active, especially as Hillary Clinton, the front-running U.S. presidential candidate […]

  • 13 November 2011
    Business & Finance

      Italian Ministry of Interior has announced accelerated restricted procedure tender, within the EU / WTO, for the contract to supply of 3 multi-role patrol type craft; 2 vessels to be 34m in length and 1 to be 27m; Vessels to be used by the Tunisian national guard and navy; Option to provide a further […]