• Home
  • News
  • ECSA highlights crucial role of shipping as vector of global trade in its contribution to EU Trade Policy Review
  • 2020 November 17 18:37

    ECSA highlights crucial role of shipping as vector of global trade in its contribution to EU Trade Policy Review

    On behalf of the European shipping sector, ECSA submitted its contributions to the European Commission's Trade Policy Review.

    Launched earlier in June, the European Commission is conducting a major review of the EU's trade policy to build a fresh outlook for the years ahead. This will respond to new global challenges and take into account the lessons learned from the coronavirus crisis.

    "Shipping transports around 90% of the global trade in goods, making it the backbone of world trade," said Martin Dorsman, ECSA Secretary-General. "The European shipping industry has a keen interest in the EU’s trade policy as it can only serve world trade if the right framework is in place. We fully welcome the review and are keen to contribute as much as possible to the process for a stronger, better enforced EU trade and investment policy."

    Through ECSA’s submission, the EU is encouraged to further support the reform of the World Trade Organisation (WTO) and re-establish it as an effective forum to develop new and appropriate trade rules, ensure their implementation and help to settle disputes – but also continue creating opportunities for EU businesses via EU trade agreements.

    ECSA therefore strongly encourages the continuation of the EU concluding trade agreements with crucial third parties and, in particular, clauses that safeguard free and non-discriminatory market access to international maritime transport services including offshore services.

    Because EU operators rely on the certainty that commitments enshrined in trade agreements will be respected, a recent rise in protectionism targeting maritime transport services is worrying. ECSA is keen to be able to rely more on the EU’s expertise and support to fight these trends, and welcomes a more systematic and rapid approach to resolving market access barriers which run contrary to EU trade agreements or international trade principles more broadly.

    Despite being substantially affected by the COVID-19 pandemic, the shipping sector has kept global markets connected and supplied the world with essential goods and services. This could not have happened if too many barriers had been in place and hampered free trade and open markets. In this context, ECSA underlines how it is important — now more than ever— to avoid taking open market access for granted and urges the EU – and all other international players – not to turn to protectionism, but to continue on a path of an open, rules-based and multilateral trade framework, which was already under challenge prior to the pandemic.

    With regard to future EU-UK trade relations, ECSA hopes that a partnership agreement can still be concluded before the end of the year. Any agreement should necessarily include maritime transport to the fullest extent possible as the sector is key to ensuring that close EU-UK trade relations can be de facto carried out.

    Should no agreement be found, both the EU and the UK must look for pragmatic and flexible solutions to support businesses and the smooth continuation of trade, with as few barriers at the EU and UK sea borders as possible.

    With this contribution, ECSA looks forward to actively participating in the European Commission's work on reviewing the EU's trade policy and eagerly awaits the results of this review exercise in the coming months.

2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
13:29 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
12:41 New year boost for MYCRANE as four lifting experts join the team
12:07 Mitsui O.S.K. Lines, Ltd. and Bombora Wave Power strengthen their collaboration through an investment
11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker
18:05 Valaris announces floater contract awards
17:43 Alfa Laval experiences increased demand for solutions related to LPG as fuel
17:26 Throughput of Chinese sea and river ports in 2021 climbed by 6.8% YoY
17:15 The U.S. Army gets $22.81 billion in supplemental funding of studies, projects and programs
17:05 Sanmar Shipyards delivers fourth powerful compact tug to SAAM Towage
16:50 Cargo traffic on IWW of Russia in 2021 rose by 1.2% to 110.3 million tonnes
16:35 Uber Boat by Thames Clippers builds the UK’s first hybrid high speed passenger ferries
16:15 American Cruise Lines unveils Project Blue
16:05 TGE Marine announces the completion of the tank building phase for two large LNG cargo tanks
15:31 Hafnia plans to acquire 12 modern LR1 tankers
15:25 Holland Shipyards Group develops new tug EDDY 24-50 E
15:05 ZIM announces new chartering agreement for three 7,000 TEU LNG dual-fuel container vessels
14:40 Exports of LNG and gas condensate from port Sabetta exceeded 19 million tonnes in 2021
14:11 Stena Line and Associated British Ports sign £100M deal for new ferry terminal at the Port of Immingham
13:45 Federal authorities asked to step into situation with coal transportation by Russian Railways
13:19 MABUX: Bunker Weekly Outlook, Week 03, 2022
13:12 Norside buys the platform supply vessel 'Farland' for offshore wind
12:46 New ICS guide helps seafarers navigate the digital bridge
12:08 The Harbour Master’s Division of the Port of Rotterdam Authority makes it through the second corona year unscathed
11:51 Port of Long Beach sets annual record with 9.38 million TEUs
10:46 Global Ports' consolidated marine container throughput increased by 2.8% y-o-y in 2021
10:10 Increase of cargo predicted for the Port of Riga this year
09:33 MABUX: Global bunker prices may turn over downward correction in the end of the day
09:25 Crude oil market sees downward price correction
09:08 Baltic Dry Index as of January 19

2022 January 19

18:20 New SGMF publication provides expansive and highly relevant guidelines on safe bunkering of LNG
18:03 ESL Shipping sells the barge Espa
17:52 High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers
17:50 Euroseas announces new charter for its 2,788 TEU, 2004-built vessel
17:33 Freeport of Riga Authority to invest almost EUR 1 million in implementation of port digital technology and IT solution projects this year
17:15 ABS, SDTR and SDARI develop methanol-fueled bulker