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Wednesday, February 21, 2024
Tags European Commission

Tag: European Commission

Hyundai Heavy Industries challenges EC’s rejection to acquire DSME

South Korea’s No. 1 shipbuilder Hyundai Heavy Industries (HHI) is questioning the European Commission’s veto of its bid to acquire compatriot rival Daewoo Shipbuilding...

European Commission approves Konecranes/Cargotec merger

The European Commission has conditionally approved the planned merger between Konecranes and Cargotec, after investigation and consultation with market participants across Europe. Konecranes’ Lift Truck...

International regulators meet to discuss shipping competition issues

The fifth biennial meeting of the Global Regulatory Summit consisted of representatives from Federal Maritime Commission (FMC), the European Union and the Republic of...

EP votes to add carbon tax to reformed EU ETS

In a landmark vote on 10 March the European Parliament adopted a resolution to add a carbon border adjustment mechanism (CBAM), a carbon levy...

MABUX expects no oil market balance in 2020

High uncertainties about Covid-19 and the economic recovery continue to weigh on the fuel market and bunker prices, according to the courtesy of MABUX,...

Woke lines playing the uneven field

Liner shipping companies have had a bumper year with profits in 2020 expected to exceed any year in the history of container shipping. All...

FMC to investigate carriers’ runaway rates success

Following up on last week’s efforts by the Chinese Ministry of Transport to curb runaway spot rates, United States authorities have threatened to take...

Update: EU move to implement maritime ETS takes a step forward

Members of the European Parliament (MEP) have approved the extension of the EU’s Emissions Trading Scheme (ETS) to the maritime sector following a final...

Lines raise serious concerns over EU’s “quasi-global” ETS plans

The World Shipping Council (WSC), which represents around 90% of the world’s container shipping lines, has voiced its “serious concerns” with European Union proposals...

EC failure to revise CBER gives carriers legal room for manoeuvre

Shippers claim that the failure of the European Commission (EC) to revise the Consortia Block Exemption Regulation (CBER) in April this year has allowed...
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