EU Opens Investigation into Tax Incentives for Polish Shipyards
The European Commission on Monday opened an investigation into tax incentives for shipyards in Poland, saying it had concerns the scheme would give an unfair advantage to companies. Under the Polish scheme, shipmakers can pay a flat-rate tax on sales from the building and conversion of ships. The Commission said such a measure could be seen as “operating aid”, which is illegal under EU rules. “The Commission will now investigate further to determine whether its initial concerns are confirmed,” the EU’s competition watchdog said in a statement.
European Commission Drops European Inland Barge Investigation
Stolt-Nielsen Transportation Group ), a wholly-owned subsidiary of Stolt-Nielsen S.A. reported that the European Commission's Competition Directorate has informed SNTG that the Competition Directorate has closed its investigation into possible collusive behavior in the intra- European inland barge industry. The European Commission's investigation of possible collusive activities in respect of deep-sea parcel tanker operations continues to be ongoing. In February 2003, SNTG announced it had been granted conditional immunity from imposition of fines by the European Commission with respect to both the deep-sea parcel tanker and intra-European inland barge operations.
IACS and European Commission Hold Joint Workshop to Kick Off European Shipping Week
The International Association of Classification Societies (IACS) held a joint workshop in Brussels with the European Commission to kick off European Shipping Week, the association announced today. The joint workshop featured speakers from the European Commission's Transport, the Environment and the Climate Action departments. IACS speakers covered topics that included LNG as a fuel, the importance of harmonious regulations, and new IACS post Panamax Containership structural regulation.
EU Commission OKs StatoilHydro Merger
Statoil and Hydro have received clearance from the European Commission for the announced merger between Norsk Hydro ASA's petroleum activities and Statoil ASA. The European Commission has declared that the merger is compatible with the common market pursuant to Article 6(1)(b) of the EC Merger Regulation. The clearance represents a major step forward for Statoil and Hydro in order to complete the planned merger.
EU Clears Statoil/Hydro Merger
Statoil and Hydro have today, May 3, 2007, received clearance from the European Commission for the announced merger between Norsk Hydro ASA's petroleum activities and Statoil ASA. The European Commission has declared that the merger is compatible with the common market pursuant to Article 6(1)(b) of the EC Merger Regulation. The clearance represents a major step forward for Statoil and Hydro in order to complete the planned merger. Merger clearances are still in the process of being obtained in other jurisdictions as required by applicable laws.
Stolt-Nielsen to Cooperate with Investigation
The Stolt-Nielsen Transportation Group, a wholly-owned subsidiary of Stolt-Nielsen S.A., has announced today that it is subject to the European Commission's Article 81 investigation and will cooperate fully with the European Commission's investigation.
European Commission Clears JV
The European Commission's competition authorities have cleared the joint venture being formed by Wärtsilä, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI). The joint venture will manufacture large low-speed marine engines in China. CSIC's ownership in the the joint venture will be 50%, Wärtsilä's 27% and MHI's 23%. The production is expected to start in the fourth quarter of 2008.
EU To Crack Down On Tankers
European Union plans to avoid a repeat of the recent saga of the leper-tanker Castor are well advanced, the European Commission's head of maritime safety said. With a 60-ft. crack in its deck, Castor was refused refuge by Morocco, Gibraltar and Spain as it sailed through storms in search of sheltered water in which to offload its 29,500 ton gasoline cargo. "The Castor has shown that there was no system (of refuge for stricken ships)," European head of maritime safety Willem de Ruiter said. He said that under proposals put forward by the European Commission, EU member states would be obliged to develop national plans for ports of refuge. The ports would have to be properly equipped to deal with maritime emergencies.
Bulgaria Awaits EU Nod To Resume South Stream Work
Bulgaria will not resume work on the Russian-led South Stream gas pipeline project until it receives the all clear from the European Commission, Prime Minister Plamen Oresharski said on Sunday. In a move that could inflame tensions between Russia and the European Union, the 28-nation bloc's executive arm last week asked the Balkan country to suspend work on Gazprom's South Stream project pending a decision on whether it complies with EU law. The pipeline is being built to transport 63 billion cubic metres of gas per year under the Black Sea through Bulgaria to central and southern Europe…
Shipping Firms Poised to Settle EU Probe
Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according to a report from Reuters Wednesday that cites two unnamed sources. Container carriers have offered to publish binding actual rates a month before they go into effect, according to the report from. The report said the European Commission would not confirm the development, but that it could change the practice of shipping companies announcing planned general rate increases. World No.
EC Eliminates Inland Waterway Fleet Capacity Regulation
The European Commission (EC) issued a Press Release
EU Members Encouraged to Adopt New Oil Pollution Compensation Fund
The European Commission (EC) issued a Press Release
EC Clears Carnival and P&O Princess Merge
The European Commission (EC) issued a Press Release
Malta Hosts European Shortsea Network Meeting
European Shortsea Network (ESN) meeting was held in Malta with representatives from 11 European countries at the head office of Malta Freeport Terminals, says a report in Times of Malta. The presidency of the European Shortsea Network is currently held by Malta which also hosts the official registration of the European Shortsea Network as a legal entity. The European Shortsea Network is an association made up of 28 European countries with their main objective being that of promoting shortsea shipping in Europe.
EPCSA Policy Statement - November 2012
EPCSA recognizes the importance of simplification of port processes, and Port Community Systems (PCS) provide a user driven port community solution. However, so that the impact on trade is limited any changes to requirements in these processes should be kept to a minimum and should reuse any existing infrastructure that already exists. Port Community Systems provide a means by which Member States can simplify the implementation of Directive 2010/65 by acting as a clearing centre for required information. It also provides the opportunity in Member States where PCS do not currently exist for a Port Authority or relevant competent authority to implement a Port Community System on a national or local basis.
European Parliament Backs European Shipping Week
European Shipping Week has been granted the European Parliament’s official patronage by its President, Martin Schulz. Both the European Commission and the European Parliament have now actively expressed their support for the week-long event which will be held in Brussels during March 2-6, 2015. Commenting on European Shipping Week, Schulz said, “The aim of the initiative, namely to bring together the leading members of the shipping industry of the EU and give them an opportunity to meet, debate and share experiences is welcomed by the European Parliament.
New European Regs on Ship Recycling
The new European Regulation on ship recycling (Regulation (EU) No 1257/2013) was published on December 10, 2013 in the Official Journal of the European Union and it will enter into force on December 30, 2013. In view of the international importance of the new Regulation GMS followed very closely and contributed advice towards its development. It is paramount that the implementation of the new Regulation by the European Commission in the next two years will be guided by realism and a clear understanding of the dynamics of the industry, and not by the impractical, not thought-out, and irrational campaigns to ban beaching. Over this period the industry will need to be alert so as to contribute its knowledge and guidance to the European Commission.
Austria to Sue if EU Regulator Clears UK Nuclear Plan
Austria will take the European Commission to the European Court of Justice (ECJ) if it approves Britain's plans for a 16 billion-pound ($26 billion) nuclear power plant, a spokesman for the chancellor said on Sunday. The deal to pay a guaranteed price for the power produced in the plant faces opposition from a quarter of EU policymakers, who want to overturn approval from the top European regulator. A vote is expected on Wednesday. The project, to be built by French utility EDF at Hinkley Point in southwest England…
LNG Port Safety Ruling – UK Compliance Demanded
There has been a further twist in the long-running saga over the safety of shipping Liquefied Natural Gas (LNG) into the Milford Haven waterway, reports the 'Western Telegraph'. Recently the European Commission issued a formal notice over ‘failure to comply with safety rules’. The EU’s Environmental Impact Assessment Directive requires such risks to be assessed and the findings to be made public. A formal notice is a preliminary step, which ultimately could lead to action before the European Court of Justice if a member state does not comply. It follows a long campaign to get risk assessments relating to the shipment of LNG released to the public.
Europe Gives U.S. The Raspberry
In an apparent flexing of newfound muscles, the European Union is picking another trade fight with the United States, threatening to file a World Trade Organization complaint against the U.S. over fees on cargo ships at U.S. ports, increasing tensions between the two trading giants. In a letter released last Tuesday, European Commission vice president Leon Brittan said harbor fees proposed by the Clinton administration, like those they would replace, constituted an unfair tax on European shipping lines, container vessels and their cargoes. "This discriminatory application of a fee that is not justified in the first place simply cannot continue," Brittan told U.S. Trade Representative Charlene Barshefsky. If a settlement is not reached by Jan.
Jo Tankers Receives Charges from EU over Alleged Cartel
Norwegian tanker company Jo Tankers has confirmed it has received a statement of objections from the European Commission regarding an antitrust probe into bulk liquid shipping companies. The response follows a confirmation from peer Odfjell ASA that the EU Commission had begun formal investigations of it in an antitrust probe. The commission said earlier it had issued formal cartel charges against 'a number of' bulk liquid shipping companies, without naming them. In 2003, the four major chemical tanker operators in Europe -- Odfjell, Stolt-Nielsen Jo Tankers and Tokyo Marine in London -- announced that antitrust authorities raided their offices in Norway, the Netherlands and the UK, investigating a possible cartel.
Call for Offshore Wind Support Ships
The Community of European Shipyards’ Association (CESA) and the European Wind Energy Association (EWEA) are calling on the European Commission and the European Investment Bank (EIB) to support the building of new ships to serve the expanding offshore wind energy market over the coming years. CESA and EWEA urge the European Commission to develop programs and funding mechanisms, and for the European Investment Bank to take the necessary measures to support the risk related to the necessary significant investments, to ensure that a sufficient number of installation vessels are available to the offshore wind industry. They also argue that the offshore wind power industry should be identified as a key industry in the EU’s 2020 strategy for smart, green growth.
EC Closes Deep-Sea Parcel Tanker Investigation
"We are pleased that the European Commission has closed its investigation and that they will not impose any penalties on the Company," said Niels G. Stolt-Nielsen, CEO of Stolt-Nielsen S.A.