European Shipyards’ Executives Voice Concerns

Thursday, May 23, 2002
At the AWES and CESA annual meetings held in Nyborg, Denmark on May 16 and 17, shipyards and their associations from 15 European Countries discussed the situation in shipbuilding and related policies. Concern was expressed acknowledging recent developments regarding the trade dispute between the European Union and the Republic of Korea over illegal subsidies to the Korean shipbuilding industry. This dispute is going on since three years without any progress, leaving shipyards in Europe with great uncertainty over the framework they have to operate in. Neither side has taken any concrete action – Korea has not changed its unsustainable business practises and the European Union have not launched any counter measures. The aim to restore normal competitive conditions in the world shipbuilding industry has remained far away to the detriment of business worldwide. The Shipyards, also from non-EU member countries, voiced their deep concerns about the apparent lack of political means or will of the EU to tackle the Korean violation of globally accepted rules, for which so much and so clear evidence has been collected and published by EU authorities. During its 57th General Assembly, AWES, the Association of European Shipbuilders and Shiprepairers also welcomed as new AWES member the Association of Croatian Shipbuilders and Shiprepairers. Niels Ørskov Christensen of Denmark handed the AWES Chairmanship to Patrick Boissier of France. As new Vice Chairmen of AWES Frederico Spranger of Portugal was elected, while and Vito Busalacchi of Italy, representing the Shiprepairers, was confirmed as second vice Chairman.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Crowley Christens 2nd LNG-ready Product Tanker

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of

VT Halter Delivers ATB Tug to Bouchard

VT Halter Marine, Inc. announced the delivery of the M/V Morton S. Bouchard Jr., the first of the two 6,000 horsepower Twin Screw Articulated Tug Barge (ATB) tugs to Bouchard Transportation Co.

Damen Builds Cable Installer For Maersk Supply Service

New Damen-built vessel for Maersk Supply Service to undertake long-term charter with DeepOcean   A newbuild DP2 cable installation vessel, Maersk Connector, was

Finance

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

MISC Bhd: Revenue Up

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015

Cosco Merger May Change Industry Dynamics

The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0784 sec (13 req/sec)