Tag: EU

British Ports Association responds to Odgers Berndston survey 'Brexit, Business Leaders and Investment'. The survey focuses on UK's preparedness for Brexit and in the possibility of a no-deal scenario. The British Ports Association has suggested ports and terminals are considering a range of potential outcomes. The uncertainty has made it difficult for ports to make firm investment decisions in potential solutions.

During the annual joint ministerial meeting of African Union and European Union in Brussels, on 21-22 January, Denmark's foreign minister, Anders Samuelsen, announced a new phase of the country's stabilisation programme for the Horn of Africa.

The Secretary General of the world’s largest business organisation has warned that the possibility of UK to exit the European Union without a 'Brexit deal', not only will it bring various barriers to the international trade, but it will also result to many British loosing their jobs.

Germany's Port of Kiel continues to achieve growth in passenger traffic, reaching an increase of 4.2% with 2.2 million travellers. In the meantime, the port's cargo sector experienced a decrease of 3.5% to 7.15 tonnes of cargo in 2018. The port hosted, during 2018, 169 cruise ship visits. The number is 143 more in comparison to 2017, reaching a 15.3% increase.

The St. Lawrence Seaway Management Corporation announced, on January 17, that tonnage on the waterway during the 2018 navigation season totaled 40.9 million tonnes, hitting its record as it is the highest result since 2007. Traffic increased by 7% year-one year, whereas the total vessel transits were up nearly 6%.

As UK's Prime Minister's, Theresa May, deal for Brexit was rejected by 230 votes, major businesses in Britain seem to be in loss and beyond warned as a no-deal Brexit seems closer. According to Reuters, businesses are afraid of crucial job losses and mayhem at ports whether the country does not see eye to eye with a European Union withdrawal.

Providing its comment on the rejection of the Brexit plan, BPA said that the government must set out its alternative plans and prevent a disorderly withdrawal from the EU. Prime Minister Theresa May’s Brexit deal has been rejected by 230 votes. This is the largest defeat for a government in history.

Prime Minister Theresa May’s Brexit deal has been rejected by 230 votes. This is the largest defeat for a government in history. Namely, MPs voted by 432 votes to 202 to reject the deal, which describes how the UK willl exit from the EU on 29 March. The UK is still on course to leave EU on 29 March, but this defeat obscures how the exit will take place. 

Stena Rederi, a part of Swedish shipping company Stena AB, and German Glovis Europe are to collaborate in an attempt to operate car and truck vessels in Europe. Both companies have filed documents with the European Commission's competition authorities to launch their partnership that will operate short-sea transport services on pure car and truck carrier vessels in Europe, according to Lloyd's register.

Ineos, a London-based chemicals company, opted for Port of Antwerp in Belgium, to use as a location to built two new petrochemical plants. The plan is based on a 3 billion euros investment and is to create 400 new jobs directly and five times that number indirectly, according to the port's statement. The company aims to construct a propane dehydrogenation unit and an ethane cracker in Northwest Europe.