The European Parliament and member states of the European Union have agreed a revision of the EU’s ETS (Emissions Trading Scheme) from which shipping is excluded – for the time being at least.

The oversupply of ships, the costs of compliance with the Ballast Water Management Convention, the increasing administrative burden, bunker prices and Brexit add up to challenging times for coastal and shortsea shipping, said Gilbert de Bock, general manager of the Dutch shipowning company De Bock Maritime.

Martin Dorsman, md of the Royal Association of Netherlands Shipowners (KVNER), has been chosen as new secretary general of ECSA (European Community Shpowners’ Associations). He replaces Patrick Verhoeven who left in the summer to head up the International Association of Ports & Harbours (IAPH).  

With China Development Bank (CDB) and the Greek Public Power Corporation (PPC) set to sign a cooperation agreement which could be worth many tens of million of dollars, China’s has sought to stress the economic and social benefits of investment cooperation between Chinese and Greek companies as they have been cited as a source of concern for some Western countries.

Paris-based emissions verification body Verifavia announces that it has signed a strategic cooperation agreement with the Liberian Registry to offer verification services under both IMO DCS (Data Collection System) and EU MRV (Monitoring, Reporting and Verification) for Liberian-flagged vessels, the world’s second largest merchant fleet.

Greek shipowners will extend for another 12 months the additional tonnage tax they have agreed to voluntarily pay to help the Greek state meet its financial obligations.

The findings of two studies have added fuel to the fire which has been smouldering between the Greek government and the country’s   shipping community and the European Commission and German Finance minister Wolfgang Schauble.

Shipowner bodies the ICS and ECSA have responded to the US withdrawal from the Paris Climate Agreement by urging the EU and People's Republic of China to step up cooperation to forge a global CO2 reduction deal for shipping.

In a rare intervention in political matters Union of Greek Shipowners president, Theodore Veniamis has taken German Finance Minister Wolfgang Schauble to task over the tax regime covering the Greek shipping industry.

UK maritime union RMT staged a protest over seafarer employment practices outside the 10th European Maritime Day conference taking place in Poole today. 

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