• 2021 February 25 17:31

    ECSA: European shipping is central to the success of EU's new trade strategy

    With the launch of the European Commission's Trade Policy Review published last week, the EU is setting a new course for a stronger role in the new global context, according to ECSA's release.

    "Shipping accounts for 76% of the EU’s external trade so the value of shipping to the European economy cannot be underestimated," said Martin Dorsman, ECSA's Secretary-General. "As the main conveyor of trade, shipping has a keen interest in the EU’s trade policy as a major economic bloc and actor on the global stage including at the WTO. Shipping needs global trade and global trade cannot exist without shipping.”

    Despite the challenges of the current global pandemic, shipping has managed to keep goods moving but can only serve world trade if the right policy framework is in place. As economies and industries bounce back from the pandemic, this new strategy provides further impetus to restore an open, fair and sustainable global trading system.

    “EU shipowners control almost 40% of the global shipping tonnage, connecting industries and consumers and ensuring supplies around the world and within the EU. With European shipping being so crucial to the success of the new trade strategy, ECSA looks forward to engage with regulators in the implementation of this strategy in view of fostering the competitiveness of the sector and ultimately the economic recovery of Europe,” continued Mr Dorsman.

    ECSA supports the strategy’s priority to reform the WTO to ensure it remains the core forum to negotiate further trade liberalisation and resolve disputes. We congratulate the newly appointed director-general of the organisation, Ms Ngozi Okonjo-Iweala and encourage WTO members to look towards the resumption of multilateral negotiations on maritime transport services.

    Maritime transport services are the enabler of world trade and although the sector enjoys a high degree of liberalisation, further protectionism cannot be ruled out. Shipping companies need to freely and commercially contract and carry goods or perform various shipping services around the world without local discrimination or restrictions.

    ECSA also supports the EU’s renewed focus on the implementation and enforcement of EU trade agreements which are highly valued by the EU shipping industry. By anchoring clear commitments on maritime transport in legally binding instruments, the EU creates the certainty that EU shipping companies need to seize new opportunities.

    As an industry committed to decarbonisation, the European shipping industry also recognises the EU's ambition to contribute to global progress on sustainability and responsible supply chains through its trade policy. In order for these efforts to succeed, it is crucial that sustainability in trade policy is well balanced and does not result in further protectionism or barriers to trade.

    The International Chamber of Shipping has just launched a new report, ‘Protectionism in Maritime Economies’ co-authored with Professor Craig Van Grasstek of the Harvard Kennedy School of Government. The report found that reducing trade protectionism could see GDP gains for national economies increase by up to 3.4%.

    It is therefore crucial that the maritime sector is placed at the centre of the EU’s trade policy. ECSA calls on regulators to closely involve the shipping industry in these discussions going forward.




2021 April 10

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2021 April 9

18:08 Everfuel signs MOU for hydrogen supply to new zero-emission ship concept
17:45 SASCO’s new ship SASCO ALDAN leaves for first voyage
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16:54 DCT Gdańsk achieves 15 million TEU milestone
16:37 30 countries join global initiative to tackle marine litter
16:26 Container terminal in Świnoujście to let using inland navigation as a method of hinterland transport
15:48 Port of Long Beach container volumes up by 62.3% to 840,387 TEU in March 2020
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13:49 Port of Liepaja throughput in 3M’2021 declined by 1.3% Y-o-Y
13:14 New ICS Guidance on Maritime Security launched
12:51 Finnish Transport and Communications Agency published Year 2020 at Traficom review
12:14 The US has introduced new safety requirements in the maritime transportation system
11:22 Newly established Northern Dvina River Shipping Company commences operation in Arkhangelsk Region
11:14 GTT receives an order from Hyundai Heavy Industries for the tank design of two new Very Large Ethane Carriers
10:58 Stena Livia joins the Baltic Sea fleet
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09:55 RF Navy's frigate Admiral Kasatonov passed the Pas-de-Calais
09:33 Oil market sees mixed price movements
09:19 Baltic Dry Index as of April 8
08:20 CMA CGM launches the first low-carbon shipping offer by choosing biomethane

2021 April 8

18:41 The first ship affected by the blockage in the Suez Canal to arrive in Barcelona is operating normally
18:14 Port of Rotterdam reduced its total carbon emissions by 27% in 2016-2020
17:52 New Smiltynė Ferry Terminal ferry is about to be completed
17:25 Sea Port of Saint-Petersburg conducted transshipment of deep-submergence rescue vehicle
17:07 Bunker Weekly Outlook, Week 14, 2021
16:24 Throughput of Murmansk Sea Fishing Port in 3M’2021 climbed by 1% YoY
15:59 BIMCO supports global seabed mapping initiative
15:36 SAFEVUE.ai selected by Eaglestar as maritime shifts towards safety solutions centred around human factors
15:00 Damen delivers new LUV 1908 aquaculture support vessel to Organic Sea Harvest
14:48 KN announces market consultation on acquisition of FSRU
14:22 Port of Singapore to revise its port dues rates
13:21 Port of Ipswich expertly handles large rice vessel operation
13:03 Oboronlogistics meets requirements of ISM Code
12:21 MAN Energy Solutions starts ‘AmmoniaMot’ project
12:06 Revision in Port Dues Rates in the Port of Singapore
12:01 Wärtsilä collaborates with Finnish Border Guard in testing of Bio LNG fuel for reducing greenhouse gas emissions
11:24 Waterways of Saint-Petersburg to open for small-size ships on April 15
11:03 Port of Melbourne welcomes longest vessel to dock in Melbourne
10:35 Rosmorport set to complete dredging of KSK grain terminal’s operating water area this year
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10:07 Nor-Shipping gathers hydrogen leaders to map out fuel of the future at Ocean Now
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09:28 Oil prices start decreasing
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08:09 DP World to invest £40M in the development of the Southampton terminal

2021 April 7

18:47 MISC takes delivery of its sixth very large ethane carrier
18:26 HMM Nuri fully laden on maiden voyage
18:16 Chairman of the Suez Canal clarified some key facts about an unprecedented incident in the history of the Suez Canal
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16:51 ABB AS and Siemens Energy awarded new service agreements for electrical equipment at offshore and onshore facilities in Norway
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