EU and US Associations Partner for Transatlantic Trade

MarineLink.com
Monday, September 30, 2013

On 18 September 2013, Thom Dammrich, president of the National Marine Manufacturers Association and Robert Marx, President of European Boating Industry, signed a joint declaration stating the intention of both organizations to work together in order to reduce and looking ahead, eliminate, unnecessary regulatory costs and unjustified regulatory differences between the EU and the US in the boating industry.

This common declaration is occurring during the wider EU-US trade negotiations which were launched in July 2013 under the name of Transatlantic Trade & Investment Partnership (TTIP).

President Robert Marx from European Boating Industry explained that “the US and the EU are natural trade partners and have a long tradition of exchanges in the boating industry, both at supply chain level (e.g. engines, equipment and components) and consumer levels. With similar boating cultures and notions of safety and environmental protection, regulatory differences are making trade complicated and expensive without bringing significant benefits to the final consumers.”

President Thom Dammrich added that, “The TTIP presents an opportunity to streamline regulations among the US and European boating industries. This move brings us closer to global harmonization of safety and environmental standards, while promoting business growth and trade.”

European Boating Industry and the NMMA submitted to the EU and US authorities a working paper in which they outlined the objectives they wish to achieve under the current trade negotiations. This paper sets out a common approach based on the concept of “functional equivalence” of European CE-marked and US certified products, with a procedure for achieving full equivalence on the regulatory aspects which are still different today for certain products and areas.

Both Presidents believe that the inclusion of the boating industry to the US-EU trade agreement could become a significant milestone for improving and simplifying trade conditions between the US and Europe for thousands of small and medium-sized companies in the boating industry.

europeanboatingindustry.eu

nmma.org
 

Maritime Today


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

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

People & Company News

DP World's H1 Volumes Rise

Ports operator DP World reported on Tuesday first-half 2016 gross container volumes up 1.2 percent on a like-for-like basis and up 2.5 percent on a reported basis.

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

Volvo Penta Names Brown Commercial Marine Sales Director

Dave Brown has joined Volvo Penta of the Americas as director of commercial marine sales.   In this new position, Brown will provide strategic and administrative

Environmental

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

Long Beach Awards Sovcomflot for Green Shipping

PAO Sovcomflot earned the Green Environmental Achievement Award from California's Port of Long Beach, recognizing the shipper for its ongoing commitment to environmental stewardship.

Wärtsilä REvolution system takes sealing technology to New Level

The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time,

News

NASSCO Delivers Garden State to APT

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.

Long Beach Awards Sovcomflot for Green Shipping

PAO Sovcomflot earned the Green Environmental Achievement Award from California's Port of Long Beach, recognizing the shipper for its ongoing commitment to environmental stewardship.

Bahri Q2 Net Profit Soars

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 47.2 percent increase in second-quarter net profit on Tuesday.

Maritime Safety

China Asks U.S. to Support Resumption of Talks with Philippines

China's foreign minister has asked the U.S. secretary of state John Kerry to support the resumption of talks between China and the Philippines over the South China Sea,

New Container Facility at Krishnapatnam Port

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking.

Sunken Barge Impedes Waterway Traffic Near Galveston

A barge sank east of the Galveston Causeway railroad bridge Tuesday, causing the U.S. Coast Guard to issue a safety zone and temporarily restrict traffic on the Gulf Intracoastal Waterway.

Logistics

New Container Facility at Krishnapatnam Port

Krishnapatnam Port, India's largest all-weather; deep water port on the east-coast of India has inaugurated CONCOR’s - Port Side Container facility – a Government of India undertaking.

China Joins UN Trucking Treaty

China has taken a major step towards establishing a speedy new "Silk Road" to Europe by signing up to a U.N. trucking treaty.   Fifteen years after joining the World Trade Organization (WTO),

Gulf Petrochem Group Expands European Bunker Operations

Gulf Petrochem Group, the UAE based global bunker supplier, has announced that it is now officially offering physical bunker supply in the port of Rotterdam, out of its new office based in Dordrecht.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair 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: 0.1113 sec (9 req/sec)