shipping trade

UK prepares for failure of a free trade deal with EU

UK will be comfortable with ending the talks on a free-trade deal with the EU, if they do not produce a result before an upcoming EU summit scheduled for October 15, UK Prime Minister Boris Johnson is set to announce Monday. 

Portbase joins TradeLens platform

Portbase recently completed the first phase of connecting with the TradeLens, a Maersk-IBM developed platform which focuses on trade digitization underpinned by blockchain technology.

Global trade reached $18.1 trillion in 2019

The International Chamber of Commerce’s (ICC) issued its 11th annual Global Survey on Trade Finance, highlighting how COVID-19 has created an unprecedented environment for trade, disrupting economic activity and the flow of goods across supply chains.

EU approves Italian tax measures for maritime

The European Commission has approved under EU State aid rules the prolongation until end 2023 of various Italian support measures for maritime transport under Italy’s “International Registry” scheme. The scheme encourages shipping companies to register their ships in Europe and so ensure higher social, environmental and safety standards.

Keep ships moving and support crew changes, urge IMO and UNCTAD

Recognizing the importance of maritime transport for the world’s resilience, IMO and UNCTAD reiterated calls for governments to allow crew changes and ensure seafarers and other maritime personnel have access to documentation to return home safely.  

maritime events