The European Commission (EC) said Wednesday that it had fined four maritime car carriers 395 million euros (U.S. $486.5 million). Four shipping companies – CSAV, K Line, NYK and WWL-Eukor – have been fined by the EC for collusion in operating a cartel on the car carrier trades…
Francis Vallat, originally co- founder and 1st Vice-President of the European Network of Maritime Clusters (ENMC), which was created in 2005 in his Paris office, and current Chairman since 2011, decided to resign from his chairmanship on the…
The European Commission released its report on the viability of a financial incentive for sustainable ship recycling under the EU Ship Recycling Regulation this week. Whilst it acknowledges the benefits for clean and safe ship recycling such an incentive would bring…
The International Dockworkers Council (IDC) has called a Europe-wide port stoppage in support of the conflict faced by Spanish dockers and in opposition to the policies of the European Commission (EC). Once the conflict in Spain has been resolved…
European seafarers and shipowners highlight the importance that shipping is urgently better served by smart digital solutions to finally decrease the administrative burden they face. European Transport Workers' Federation (ETF) and European…
World No. 1 shipping company Maersk Line gained EU antitrust approval on Monday for its acquisition of Hamburg Sud (HSDG) after agreeing to pull the German company out from five consortia on trade routes to address competition concerns. The bid by Maersk…
Maersk Line, the world's biggest container shipping firm and part of Danish conglomerate A.P. Moller-Maersk, has offered concessions to EU antitrust regulators in an attempt to get approval for the takeover of German rival Hamburg Sud. A ruling on the deal…
The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping line Hapag-Lloyd and the United Arab Shipping Company (UASC). The merger would create a combined company worth about 7 to 8 billion euros ($7…
On 1st August, 2016, the European Commission adopted a decision granting recognition to the Indian Register of Shipping (IRS) in accordance with Regulation (EC) No. 391/2009 of the European Parliament.The Deputy Director General MOVE, Mr…
Proposals to compel ships, regardless of flag, to pay for European Union ship recycling licences when calling at EU ports, will undermine efforts by the International Maritime Organization (IMO) to improve working and environmental conditions in developing nations…
CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03), has…
Dagmar Nelissen, Senior researcher and consultant at CE Delft, will present the preliminary findings of the EU DG Clima study ‘Analysis of market potentials and market barriers for wind propulsion technologies for ships’, at next week’s Natural Propulsion Seminar…
French container shipping giant CMA CGM now owns 10.07% of its takeover target Singapore's Neptune Orient Lines (NOL) as open share buys continue on a near daily basis. The European Commission has approved CMA CGM's $3.38 billion acquisition of NOL…
Ship recycling practices in Alang, India, are gradually improving. The European Commission should acknowledge this positive development under the EU Ship Recycling Regulation. Adopting an overly restrictive approach will discourage first movers…
The High Representative for Foreign Affairs and Security Policy and the European Commission have adopted a policy proposal that will guide the actions of the European Union in the Arctic region. The European Union will step up its existing…
