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New regional structure for counter-piracy code implementation

Ministerial meeting agrees to launch process for handing over implementation of the Djibouti Code Ministers from participating States in the Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (the Djibouti Code of Conduct) have recognized the need to develop a mechanism for the region to run its own counter-piracy agenda, following the successful implementation by IMO of numerous projects aimed at improving regional capacity to counter piracy by developing enhanced regional cooperation and coordination.A high-level meeting, held at IMO Headquarters in London on 30 May, agreed a resolution on future work under the Djibouti Code of Conduct. The resolution envisages the immediate launch of work to establish a new structure for regional implementation of the Djibouti Code of Conduct, with IMO playing a supportive role during a transitional period. There was also widespread appreciation of the work of IMO in implementing the Code, as well as the support provided by theReCAAP-ISC.The meeting was attended by 80 delegates, including ministers and other officials from the Djibouti Code of Conduct participating and signatory States, as well as by representatives from a number of donor States and international ...

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Challenges of Investing in Baltic Sea LNG industry

Research and Markets issued a report providing analysis on trade, infrastructure, competition, investments and new opportinities for Baltic Sea LNG Industry. Through SWOT analysis and benchmarking tools, the report evaluates pros and cons of operating and investing in each of the region LNG market. In addition, the research work provides forecasts of liquefaction capacity, regasification capacity, FLNG capacity, contracted/ available capacity, LNG trade details are provided for each country. Further, planned LNG projects in each of the 8 markets are provided in detail. Competitive structure of the regional liquefaction and Regasification LNG markets along with the business strategies being opted by leading players in current global tight supply conditions are analyzed. In addition, complete details of all operational and planned LNG terminals in the region are provided in the report. LNG profiles, oil and gas overviews, SWOT and financial analysis of five leading LNG companies in the region LNG market are analyzed in detail. Further, all recent news and developments, along with their impact on Baltic Sea LNG players are included. Highlights Leading Baltic Sea LNG Trends and Outlook statements to 2020 Drivers and Challenges of Investing in Baltic Sea LNG industry All existing and future Investment opportunities in Baltic ...

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WOC assistance to EU maritime programs

Speaking at the opening day plenary of European Maritime Day, WOC CEO Paul Holthus stressed the importance of the private sector as a critical partner in EU maritime and ocean programs on science, policy, observations, technology, marine spatial planning, skills, innovation and other areas related to the Blue Economy. Mr. Holthus highlighted the role of business in developing solutions to the challenges of responsible ocean economic development. He noted that cross-sectoral collaboration within the diverse ocean business community, as well as engaging with other stakeholders, is essential to addressing many of these challenges and securing the health of the ocean. As an international, multi-industry alliance of ocean leadership companies, the WOC is a portal for facilitating industry participation in marine-related programs and projects of the EU and other government and inter-governmental bodies. For example, as a registered entity in Europe, the WOC is particularly well positioned to assist with industry involvement to shape the development and implementation of the proposed EU "Blue Economy Business and Science Forum". The WOC facilitates private sector involvement in ocean sustainability, science and stewardship through collaboration in specific projects, such as those being developed through Horizon 2020. The WOC also encourages involvement in regional level ...

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