Archive for the ‘European Union’ Category

ECSA welcomes BREXIT Deal

ECSA welcomes BREXIT Deal
Martin Dorsman European shipowners welcome the agreement reached on BREXIT yesterday. “ Our primary concern on the short term, the frictionless trade, seems to be taken care off. A no deal scenario was just not an option and a clear lose-lose situation for shipowners and clients at both sides,” commented...
November 15th, 2018 | Associations, European Union, Organisations | Read More

Incorporating climate risk in QE, Progress on Brexit

Incorporating climate risk in QE, Progress on Brexit
Commentary: Incorporating climate risk in QE By Danae Kyriakopoulou in Geneva Ensuring climate-related risk does not translate to financial instability is a key concern for central banks, but not an exclusive one. Central banks are tasked with safeguarding prosperity, which in turn requires that prosperity...
November 2nd, 2018 | Banking, Climate, Conferences, Seminars, Forums, Environment, European Union, Finance, News, Organisations, Politics and Government | Read More

Falling BDI@1,554 “thanks” to the Capes’ volatility…

Falling BDI@1,554 “thanks” to the Capes’ volatility…
John Faraclas The BDI (Baltic Dry Index) fell earlier on today 20 points; it was an expected result following yestedays perplexed figures… the Geopolitical and mainly economic chaos and environmental “concerns” all over Planet Ocean will affect everything. John Faraclas’ brief daily recap: The...
October 4th, 2018 | Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, European Union, Events, Finance, Insight, Markets, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

UK freight forwarders association expresses surprise at the recent news on the UK Government’s plans for Customs

UK freight forwarders association expresses surprise at the recent news on the UK Government’s plans for Customs
Robert Keen The trade association for UK freight forwarders has expressed its surprise at the recent report in the Times newspaper that the UK Government is planning to invest £8 million in customs training and automation to support the extra demand for customs brokerage services in the event that the...
October 3rd, 2018 | Associations, European Union, Inland Waterways, Land Trasnport, Logistics, Organisations, Politics and Government, Ports & Terminals, Rail | Read More

Despite the global financial turmoil the BDI’s renowned volatility is here to stay…

Despite the global financial turmoil the BDI’s renowned volatility is here to stay…
John Faraclas The BDI was up 53 points earlier on today and now stands at 1,503 points surpassing the crucial but also psychological threshold of 1,500. The Geopolitical turmoil coupled with the Trade War, Sanctions, Tariffs will soon become a catalyst and the shit will hit the fan… John Faraclas’...
September 26th, 2018 | Comment, European Union, IMO, Insight, Markets, News, Politics and Government, Reports, Shipping Centers, Shipping Indices, Statistics, Stock Markets, Trade and Commerce, UN | Read More

Brexit – impact of a “no deal” on English disputes with EU counter-parties

Brexit – impact of a “no deal” on English disputes with EU counter-parties
Nicola Gare, professional support lawyer In preparation for what many now see as being the most likely outcome, the UK Government (Government) has published its guidance on how disputes will be dealt with in the event of the UK exiting the EU without it first having agreed a framework with the EU for...
September 26th, 2018 | European Union, Legal, Organisations, Politics and Government | Read More

Greek Fraport Profiteering

Greek Fraport Profiteering
Landing in Chios airport Without prejudice Greek Fraport Profiteering, by John Faraclas The other day, I was thinking about the so-called “reforms” that the Greek government is allegedly bound to accomplish. The majority of these promised reforms have either not matured or those that probably have,...
September 4th, 2018 | Aviation, European Union, Insight, Maritime Tourism, Politics and Government, Tourism | Read More

The BDI@1,557; The fall continues as WWIII is ante portas for all in a multiple of ways…

The BDI@1,557; The fall continues as WWIII is ante portas for all in a multiple of ways…
John Faraclas The BDI (Baltic Dry Index) lost 22 points earlier on today amid a continued deterioration of the Geopolitical balance. John Faraclas’ brief daily recap: The Capes’ BCI  was down 60 points at 2,672… The Panamaxes’ BPI  lost 31 points and now reads 1,540. The Supras’ and...
September 3rd, 2018 | Breaking News, European Union, Fashion, Immigration, Military, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Tsipras on Greece: “Nothing matters much and very little matters at all”*

Tsipras on Greece: “Nothing matters much and very little matters at all”*
The end is nigh Without prejudice Today’s “Ulyssean” message from Ithaca that the bailout era ends is a midsummer’s night dream and proves how low-level spin doctors are in the entourage and court of Maximos’ Mansion ridiculing Greece’s PM. John Faraclas writes:  Mr. Tsipras MUST sack...
August 21st, 2018 | European Union, Politics and Government | Read More

The BDI@1,694; what next…

The BDI@1,694; what next…
John Faraclas The BDI (Baltic Dry Index) lost 10 points as well as the 1,700 points threshold as the main indices fell except the BSI and BHSI. Geopolitics still in tatters… John Faraclas’ daily recap: The Capes’ BCI lost 11 points and now reads 3,472… The Panamaxes’ BPI lost 16 and now reads...
August 9th, 2018 | Chartering, Dry Bulkcarriers, European Union, Insight, Markets, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

HFW: Brexit: EU/UK progress report

HFW: Brexit: EU/UK progress report
Anthony Woolich, partner Brexit: EU/UK progress report The EU/UK joint report on the progress of the Brexit negotiations, announced today, contains the following key points: Citizens’ rights Ireland and Northern Ireland Financial Settlement Other Separation Issues Way forward » Read more
July 31st, 2018 | European Union, Legal | Read More

IUA issues new Brexit contract continuity clause

IUA issues new Brexit contract continuity clause
Chris Jones A second Brexit contract continuity clause has been published by the International Underwriting Association. Last month the association issued a policy clause to help companies manage insurance contracts as the UK leaves the European Union and this has now been followed up with a supporting...
July 27th, 2018 | Associations, European Union, Insurance and Reinsurance, IUA, Marine Insurance | Read More

PIMFA warns on the consequences of a no deal Brexit

PIMFA warns on the consequences of a no deal Brexit
John Barrass, PIMFA Deputy CEO 24th July 2018 – Following the fast-moving Brexit developments, PIMFA – the UK’s leading wealth management and financial advice association – has raised concerns on the potential impacts of a ‘no-deal’ Brexit and how it will affect private investors and...
July 24th, 2018 | European Union, Markets, Politics and Government | Read More

UK freight forwarders association expresses mixed feelings on Brexit White Paper

UK freight forwarders association expresses mixed feelings on Brexit White Paper
Robert Keen Responding to yesterday’s White Paper outlining the UK Government’s proposed future relationship between the UK and European Union after Brexit, Robert Keen, Director General of the British International Freight Association (BIFA) expressed mixed feelings about its contents. “The...
July 13th, 2018 | Comment, European Union, News, Organisations, Politics and Government, Port Conditions, Ports & Terminals, Trade and Commerce | Read More

FEPORT welcomes the adoption of the European Parliament report on Combined Transport

FEPORT welcomes the adoption of the European Parliament report on Combined Transport
Lamia Kerdjoudj-Belkaid Brussels, July 12th, 2018  –  FEPORT welcomes the adoption of the European Parliament report on Combined Transport FEPORT welcomes the adoption on July 10th, 2018 of the report of the Transport and Tourism (TRAN) Committee of the European Parliament on the proposed revision...
July 12th, 2018 | European Union, Organisations, Politics and Government, Ports & Terminals, Reports | Read More

Dry Market Volatility and Geopolitics Mayhem

Dry Market Volatility and Geopolitics Mayhem
John Faraclas The BDI (Dry Baltic Index) despite gaining 31 points since yesterday , looks volatile and vulnerable; geopolitics might redraw European and World order. John Faraclas’ midweek recap: The BDI now stands at 1,586 points thanks to the Panamaxes’ maintained low-level surge – 64 points...
July 11th, 2018 | Chartering, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

INE presents its annual report 2017

INE presents its annual report 2017
.. Power of EU cooperation 75% of inland waterway transport is international. Rivers and canals link up cities and industrial centres across borders, creating true European added value. That’s why, together with our partners in inland waterway transport and other transport modes, we work on waterway...
July 2nd, 2018 | Canals, European Union, Inland Waterways, News, Ports & Terminals, Reports | Read More

Shipping Industry Increasingly Worried About EU Member States’ Policy on Migrants Rescued at Sea

Shipping Industry Increasingly Worried About EU Member States’ Policy on Migrants Rescued at Sea
Peter Hinchliffe The global trade association for ship operators – the International Chamber of Shipping (ICS) – is increasingly concerned about the new policy of the Italian Government to close its ports to migrants rescued by ships at sea.  In the interest of protecting safety of life at sea,...
June 25th, 2018 | Associations, European Union, Immigration, International Chamber of Shipping, News, Organisations, Politics and Government, UN | Read More

IUA publishes BREXIT contract continuity clause

IUA publishes BREXIT contract continuity clause
Chris Jones A Brexit clause has been published by the International Underwriting Association to help companies manage insurance contracts as the UK leaves the European Union. The Brexit Contract Continuation Clause aims to clarify how firms will continue to pay claims despite any business disruption...
June 25th, 2018 | European Union, Insurance and Reinsurance, Marine Insurance, Organisations, Politics and Government | Read More

European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list

European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list
Martin Dorsman European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recycling yards list All vessels sailing under an EU flag will eventually be required to use an approved ship recycling facility, once the EU Ship Recycling Regulation effectively...
June 22nd, 2018 | European Union, Organisations, Politics and Government, Ship Demolitions | Read More

FEPORT Position – Digitalisation in the Maritime Sector

FEPORT Position – Digitalisation in the Maritime Sector
Lamia Kerdjoudj-Belkaid Brussels, June 13th, 2018 – Ahead of the European Parliament public hearing on “Digitalisation in Transport” scheduled for 20 June, and in follow  up as  to FEPORT’s priorities for digitalisation  as communicated prior to the commencement of the Estonian Presidency...
June 13th, 2018 | European Union, IT and Communications, News, Organisations, Ports & Terminals | Read More

EU Commissioner for Transport, Ms Violeta Bulc, visits the Union of Greek Shipowners

EU Commissioner for Transport, Ms Violeta Bulc, visits the Union of Greek Shipowners
EU Commissioner for Transport, Ms Violeta Bulc with UGS president Theodore El. Veniamis The Union of Greek Shipowners warmly welcomed the EU Commissioner for Transport, Ms Violeta Bulc, to its premises in Piraeus today. The visit took place on the occasion of the Posidonia Exhibition 2018 and as Greek...
June 4th, 2018 | European Union, News | Read More

The BDI@1,281: …every little bit helps

The BDI@1,281: …every little bit helps
John Faraclas The euphoria – a better word than spree, of the Capers gaining 877 points since last Friday the 13th of April, must be seen as a good sign, despite what is coming up next,  given the geopolitical, environmental, technical advancements et al surrounding the shipping industry. The BDI...
April 20th, 2018 | Associations, Chartering, Dry Bulkcarriers, European Union, IMO, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipping Indices, Tankers | Read More

Volatility and Uncertainty in the Shipping Markets and Geopolitics

Volatility and Uncertainty in the Shipping Markets and Geopolitics
John Faraclas The BDI (Baltic Dry Index) gained earlier on today another 72 points thanks to the as ever volatile Capers… The Geopolitical front could soon become not just uncertain, but an inferno. John Faraclas’ daily briefing: The BDI with these 72 points – as a result of the Capers’ sky...
April 18th, 2018 | Chartering, Dry Bulkcarriers, European Union, Insight, Marinas, Maritime Tourism, Markets, Organisations, Piracy and Terrorism, Politics and Government, Port Conditions, Ports & Terminals, Reports, Sailing, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce, Weather, Yachting | Read More

Weak governance at UN shipping agency delaying action on climate change

Weak governance at UN shipping agency delaying action on climate change
Berlin, 3 April 2018 – The International Maritime Organisation (IMO) is at risk of unresolved conflicts of interest due to shortcomings in its governance, according to preliminary key findings of a new study by Transparency International. Private shipping-industry concerns could have undue influence...
April 3rd, 2018 | Environment, European Union, IMO | Read More