IMO secretary-general Kitack Lim has written to top officials in Europe warning that the decision to include shipping in the European Union’s Emission Trading System (EU-ETS) could “seriously impact” the UN body’s work to reduce greenhouse gas (GHG) emissions by the industry globally.
The Minister for Maritime Affairs and Administrator of the Panama Maritime Authority (AMP) Jorge Barakat Pitty met with the European Commissioner for Transport, Violeta Bulc, in Brussels to review security measures in passenger vessels, protection of the marine environment and ways to simplify procedures related to Panamanian ships in the ports of the countries members of the European Union (EU).
The inaugural Malta Maritime Summit began in Valletta on Tuesday, with a host of top industry names lauding the initiative to hold a major shipping conference in such an important maritime centre, especially on the eve of Malta assuming six-month presidency of the Council of the EU in January.
The future was looking so bright for Greece’s Piraeus cluster at the beginning of July. Xu Lirong, chairman of China Cosco Shipping, having clinched a deal to takeover Greece’s largest port, pledged the Chinese company would invest some $896m in upgrading the port, with priority being given to reviving the country’s shipyard sector and upgrading cruise terminal infrastructure.
The Posidonia wrap-up press conference by the Union of Greek Shipowners featured a lively cut-and-thrust debate between EU Commissioner for Transport Violeta Bulc and UGS president Theodore Veniamis on the question of Greece’s compliance with the EU’s State Aid Guidelines on maritime transport.
Alarm bells are again ringing within the Greek shipping community following a call by the European Commission for a radical change in the way shipping firms are taxed.