EU To Upgrade Rules On Ship Recycling To Repair Marine Ecosystem

  • The European Union said it would toughen its rules on ship recycling and decommissioning offshore oil and gas sites.
  • It has planed to set new targets to restore damaged marine ecosystems.

According to an article published in Global Times, The European Union on Monday said it would toughen its rules on ship recycling and decommissioning offshore oil and gas sites, and set new targets to restore damaged marine ecosystems.

Sectors Sustaining Hurdles

Sectors linked to seas and oceans, such as...

https://mfame.guru/eu-to-upgrade-rules-on-ship-recycling-to-repair-marine-ecosystem/

Soaring Container Rates Put European Shippers in Distress

  • European shippers and freight forwarders call on the EU Commission to intervene in the container sector.
  • Both the stake holders are worried about overheated market seen in the past many months.
  • They feel that the shipping lines’ behavior is harmful to smaller shippers in particular.
  • The shipping lines have previously rejected such criticism.

A recent news article published in the Shipping Watch written by Christian Carlsen, deals with the challenges faced by European shippers and freight...

https://mfame.guru/soaring-container-rates-put-european-shippers-in-distress/

EU Legislation Implementation Hits A Snag Amid Coronavirus Pandemic

  • The COVID-19 pandemic affects the industry’s endeavours to implement the upcoming European Union’s Ship Recycling Regulations (EUSRR).
  • Many shipowners may not be able to finalize the required Inventory of hazardous materials (IHM) prior to the deadline.

COVID-19 causes problems for implementing EU Legislation, reports BIMCO on their website.

European Union’s Ship Recycling Regulations

From 31 December 2020, the European Union’s Ship Recycling Regulations (EUSRR) will require ships of 500 GT and...

https://mfame.guru/eu-legislation-implementation-hits-a-snag-amid-coronavirus-pandemic/

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