France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.The alliance reflects the two countries' desire to fend off competition in naval shipbuilding from the likes of China, the United States and Russia.
Italian shipyard Fincantieri has not offered any concessions to head off EU antitrust concerns about its planned bid for France's Chantiers de l'Atlantique, giving regulators no choice but to block the deal, people familiar with the matter said on Friday.A veto by European Competition Commissioner Margrethe Vestager would deal a serious blow to Italy's bid to create a European industrial
Fincantieri risks an EU antitrust veto against its bid for Chantiers de l'Atlantique because of the difficulty of addressing regulators' concerns, people familiar with the matter said, in what would be a setback to Italy's industrial ambitions.Italy sees the deal by Europe's largest shipyard as an opportunity to create a European industrial champion in the shipbuilding industry to stave off
Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and U.S. companies, the head of shipping company Maersk warned in an interview."Is it really a good idea that we don't allow the creation of a European global champion? In doing so, we risk being outperformed by a Chinese company
Cutting the speed of ships has huge benefits for humans, nature and the climate, according to a new report, a new report published by Seas at Risk and Transport & Environment (T&E) has highlighted.A 20% reduction would cut greenhouse gases but also curb pollutants that damage human health such as black carbon and nitrogen oxides, according to the two Brussels-based environmental NGOs.
The Port of Rotterdam Authority has announced that it has participated in ‘Noah’s Train’ as part of the Rail Freight Forward (RFF) initiative, a collaborative effort to cut freight transport emissions by 30% by 2030.The longest mobile work of art and ambassador of the RFF initiative, Noah’s Train, is an initiative launched by several European railway companies to promote freight transport by rail.
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal.Under the agreement, QTL subscribes unloading slots at the facility from the expiry of the current long-term unloading contracts and up to 2044.
A charity rescue ship carrying 134 migrants, mostly Africans, was stranded off the coast of Italy on Friday as a political battle in Rome stopped it from docking and even the medical conditions of those on board were disputed.The migrants, picked up off Libya over the last two weeks, are waiting to disembark on the southern Italian island of Lampedusa
Danish Maritime Authority (DMA) announced that two new deputy director generals joined its the Executive Board.The new deputy director generals are Rikke Wetter Olufsen and Niels Wammen-Jensen. They both come from director positions within DMA.For the past four years, Rikke has been director of Blue Growth and Maritime Policy at the Danish Maritime Authority.
Pollution response can be faster and more effective when there is an established emergency communications and emergency system.Mediterranean Countries recently met at a regional workshop held in Brussels, Belgium (22-23 October), to explore the set-up of a common emergency communication system for marine pollution incidents that connects the entire Mediterranean region.
The European Community Shipowners' Associations (ECSA) informed that its Board met in Brussels on 26 June, to discuss the issues the European shipping industry is currently working on.A broad discussion was held about how the industry will work with the incoming European Parliament and European Commission on the broad policy areas that the two EU institutions will likely be prioritising.
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