United Nations Committee On Trade And Development News

Africa and Shipping – A Mutually Benefiting Cooperation

African governments and businesses are important partners of European shipping companies and the region has become one of the most promising global growth markets. The “blue” economy offers a lot of opportunities, and close cooperation between EU and African institutions and stakeholders is vital. European shipping companies have traditionally had a good, longstanding cooperation with African partners and they have enabled Africa to be connected to world trade. For African stakeholders, projects with the European counterparts offer employment, prosperity and market development. European Community Shipowners’ Associations (ECSA) will organise an event on 29 November in the European Parliament hosted by MEP Hilde Vautmans.

ICS Pushes CO2 Compensation Fund

ICS Says CO2 Compensation Fund Could Help Sea Ports Adapt To Climate Change. The International Chamber of Shipping (ICS), whose member national shipowners' associations represent more than 80% of the world merchant fleet, has participated at a special UNCTAD (United Nations Committee on Trade and Development) meeting in Geneva (29/30 September) to explore how the world's sea ports should prepare for adaptation to the threat of dangerous climate change. Speaking at the UNCTAD meeting…