Berlin is reviewing its decision to allow China's Cosco to take a stake in one of logistics firm HHLA's three terminals at the Hamburg port, a spokesperson for the German economy ministry said on Wednesday.Responding to a question about the reported classification of Tollerort as critical infrastructure, the spokesperson said it was being determined whether and under what conditions Cosco would be allowed to take a stake in the terminal named Tollerort…
The EU Commission has put forward proposals for the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968. The changes are expected to be implemented gradually from 2028. The measures proposed will massively simplify customs processes for business…
Australia’s 23-24 Federal Budget has allocated A$5.6 million over two years to see through plans for the phase-out of live sheep export from Australia.RSPCA Australia CEO Richard Mussell said the RSPCA, as Australia’s leading animal welfare authority…
The New Zealand government has confirmed that Maritime NZ will have oversight over the health and safety of most port operations.Maritime NZ Chief Executive Kirstie Hewlett says the decision to extend Maritime NZ’s Health and Safety at Work…
During his recent visit to the UK, Australian Prime Minister Anthony Albanese announced May 31 as the date of entry into force of the Australia-United Kingdom Free Trade Agreement (A-UKFTA).With its entry into force, there will be no tariffs on over 99% of Australian goods exported to the UK…
A Mexican national has been jailed for 22 years for his role in an attempt to import more than 600kgs of methamphetamine into Australia, concealed in rotting, raw cow hides.In 2019, Australian authorities seized the 668kgs of crystal methamphetamine hidden inside raw animal skins…
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved…
A new trade agreement between the European Union and the United Kingdom, which left the EU in 2020, could have finally found a way to safeguard peace in Northern Ireland after Brexit reignited old tensions.The deal between the EU and the U.K…
The World Shipping Council (WSC) has spoken out against new US legislation which aims to eliminate current vessel sharing arrangements as set out in the Shipping Act.The act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets…
The European Sea Ports Organisation (ESPO) has welcomed the preliminary agreement between EU co-legislators on the FuelEU Maritime regulation.The European Parliament and Council have agreed on the details of the regulation which will ensure…
The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…
India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet…
Knut Ørbeck-Nilssen, CEO Maritime, DNV, says that while progress towards industry decarbonization should be applauded, it must be accelerated. Shipping needs to work together, in tandem with other sectors and stakeholders, if we’re to stand a hope of reaching our most ambitious…
The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…
The Port of London Authority (PLA) has acquired Masthouse Terrace Pier on the Isle of Dogs in East London in an effort to increase light freight on the river.Port of London officials view the project as a step up for London's working river and maritime commerce industry…
