Union of Greek Shipowners leader, Theodore Veniamis is confident, “2018 looks like being a year in which all shipping sectors will be able to return to growth and profitability”.

The British Ports Association (BPA) warns that the government is losing sight of opportunities to develop port areas once the country is free from EU regulations.

The recent move by the European Union (EU) to not include shipping the Emissions Trading Scheme (ETS) is good for the industry according to Aegean Shipmanagement.

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.

Page 1 of 11