In light of the COVID-19 crisis and the economic impacts that has brought, Germany as part of its pandemic recovery plan aims to boost green shipping practices.
The European Commission announced it will resume its review of Hyundai Heavy Industries’ acquisition of Daewoo Shipbuilding & Marine Engineering, after temporarily suspending it amid the COVID-19 pandemic.
The European Commission has prolonged for another four years the ‘Consortia Block Exemption Regulation’. The regulation outlines the conditions under which liner shipping consortia can provide joint services without infringing EU antitrust rules.
In the fight against the ongoing COVID-19 pandemic, the European Commission made the decision to ban non-essential travel to its 27 member nations for the next 30 days in order to limit the spread of the disease.
The European Commission has launched DataPorts project, aimed to boost the transition of European seaports “from connected and digital to smart and cognitive”, in order to create an even more trusted, reliable and efficient way of conducting businesses in Europe.
The European Commission announced partnership with the European Investment Fund, part of the European Investment Bank (EIB), to launch the BlueInvest Fund, a €75 million equity investment fund for the blue economy.
According to a recent statement, foreign ministers discussed climate diplomacy and restated the political centrality of climate action for the European Union. The Council adopted conclusions on climate diplomacy, constituting that climate will be one of the priorities in the EU’s external policy in 2020.
Under EU state aid rules, the EU Commission approved the prolongation of Cyprus’ tonnage tax scheme, which applies to ship ownership, ship management and ship chartering activities for the next ten years. Cyprus was the first ever open registry to have a TTS approved by the EU.
The European Commission revealed a new proposal today, December 12, which aims to allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO).
On 2 December, the European Council accepted the proposal of easing the completion of the trans-European transport network (TEN-T), by running up the permit-granting processes. The agreed proposal further goals to clarify the procedures which project promoters need to follow, such as permit granting and public procurement.
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- Maritime Health
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