EU

EU funds €3.5 billion to three offshore wind farms in Belgium

The European Commission has decided that the Belgian plans to support three offshore wind farm projects are complying with EU State aid rules. The measure will improve EU energy and climate goals without distorting competition in the Single Market.

For this reason, the Commission approved under EU State aid rules Belgium’s support of a maximum of €3.5 billion to the Mermaid (235 Megawatt), Seastar (252 Megawatt) and Northwester2 (219 Megawatt) offshore wind farms, located in the Belgian...

https://safety4sea.com/eu-funds-e3-5-billion-to-three-offshore-wind-farms-in-belgium/

EU to continue trade with Iran bypassing US sanctions

The Ministerial Meeting of the Foreign Ministers of China, France, Germany, Russia and the UK will set up a legal entity to facilitate legitimate financial transactions with Iran and allow European companies to continue trade with Iran.

Namely, the participants considered ways forward to ensure the full and effective implementation of the JCPOA in all its aspects. They also took analyzed the process of finding and operationalising practical solutions for issues arising from the withdrawal of the...

https://safety4sea.com/eu-to-continue-trade-with-iran-bypassing-us-sanctions/

Industry Wants Low-Cost Ship ‘Breaking’ Yards Outside The EU – NGO Shipbreaking Platform

Europe Ship Recycle

Ship recycling yards approved by the EU will have enough capacity to handle demand from EU-flagged ships that need to be scrapped, a new analysis shows. The shipping industry wants low-cost ship ‘breaking’ yards outside the EU – with dangerous working conditions and poor environmental standards – to be added to the EU list of approved facilities in order to meet demand from vessels bound by the bloc’s ship recycling law, which enters force on 1 January 2019. But the current EU list can...

https://www.marineinsight.com/shipping-news/industry-wants-low-cost-ship-breaking-yards-outside-the-eu-ngo-shipbreaking-platform/

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