Galileo Gets 450M Euros to Proceed

Wednesday, April 10, 2002
The European Transport Council (i.e. the Transport Ministers of the European Member States), which met in Brussels on March 25-26, has released from the European Community budget the 450 million Euro necessary to launch the Galileo satellite navigation project. The Commission was asked to set up the "Joint Undertaking" (the authority overseeing the management of Galileo's development phase) without delay. Galileo has been stalled for 15 months. At the Barcelona summit, European Leaders had approved its launch and thus increased the pressure on the Transport Council. We understand that the agreement was made possible by a compromise regarding the composition of the Joint Authority. In order to avoid a conflict of interests, public companies (who will contribute significantly to the financing of Galileo) will be excluded from the Joint undertaking until after completion of the tendering process at the end of 2003. Importantly for the shipping industry, Ministers stated in the Council Conclusions that Galileo "should be interoperable with GPS and its successor systems through an EU-US agreement that should be negotiated as soon as possible." Therefore, it would seem that those enterprises which wish to continue using the free GPS system will be able to do so as the signal will not be blocked. In any case, Galileo will have several levels of service, some of which will also be free. The European Transport and Energy Commissioner, Mrs. Loyola de Palacio, has stated that there will only be a charge for those services which are of a higher quality than GPS currently provides. It seems, therefore, that the Galileo project will not necessarily entail extra expense for the shipping industry unless it wishes to avail itself of the reportedly 'superior' capabilities of Galileo.

Maritime Today

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

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


DNV GL Approval for DSIC's LNG-fuelled VLCC Design

DNV GL has presented Dalian Shipbuilding Industry Company Limited (DSIC) with an Approval in Principle (AiP) certificate for a new LNG-fuelled very large crude

USN Issues Full Funding for LCS "Cooperstown"

As part of the Littoral Combat Ship (LCS), the US Navy has awarded to the consortium which includes Fincantieri, through its subsidiary Fincantieri Marinette Marine (FMM),

Wärtsilä Strengthens Its Position in China with New Propulsion Orders

Two new marine geological research vessels under construction in China will feature a broad scope of Wärtsilä engines and propulsion equipment. Wärtsilä has maintained

Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.0659 sec (15 req/sec)