• 2018 June 19 14:02

    British Ports Association comments on new report on Northern ‘Free Ports’ strategy proposal

    The British Ports Association has welcomed the renewed focus on role that ports play in regional and national UK economies in a new report on ‘Supercharged Free Ports’ published today.

    The report highlights the opportunities of ‘super charging’ free ports to include enterprise stimulus. This is similar to the Association’s ‘port zoning’ proposals, which could include enterprise, planning and consenting advantages for UK ports of all type and location. The British Ports Association’s Chief Executive, Richard Ballantyne said:

    “We welcome the discussion about ports which shows how central they are to regional and national economies. Establishing a Free Port alone could be quite a challenging exercise but combining other stimulus in areas such as enterprise and planning would enable ports to grow and develop. Should these zones be taken forward, we would expect them to be voluntary and implemented in a similar way across the country in a way that does not distort competition. Ports are economic areas that have been built up over many years, supporting jobs and businesses. They are often at the heart of their communities supporting trade, offshore industries, fishing, leisure and tourism as well as providing vital transport links.”

    A ‘Free Port’ allows certain exemptions from customs duties and tariffs which enables added value processes to take place. They can be created under current UK law but depending on the type of Brexit deal the UK Government negotiates they could be more relevant to the UK.

    The Government’s Taxation (Cross Border Trade) Bill reinforces this policy although many of the advantages can also be achieved through other procedures, such as customs warehousing and inward processing.

    Free ports do not offer a solution to potential customs and border requirements challenges presented by Brexit for gateway ports, where freight simply moves through a port. They could, however, provide benefits to ports where added value and industrial processes are undertaken. Dependent on the final Brexit agreement there could be competition issues to consider on customs and excise procedures, therefore free ports continue’s to attract much debate.


2018 July 21

13:18 High-tech automotive quality control measures installed at the Port of Southapmton
11:12 Van Oord to install innovative suction bucket foundations at Deutsche Bucht Offshore Wind Farm

2018 July 20

18:28 Fincantieri Marinette Marine: The US Gov't awards contract within the MMSC Programme for Saudi Arabia
18:12 Management of Palmali to pay backdated wages to crews of four vessels staying off Rostov-on-Don port
18:10 CMA CGM: new FAK rates from Asia to Pakistan - India - Sri Lanka
17:58 Crowley takes delivery of first LNG-powered ConRo ship serving Puerto Rico
16:38 Equinor UK extends Safe Boreas contract by 1 month at Marinerd
16:07 MOL hosts tour of cutting-edge car carrier on Marine Day for 360 students and families
15:21 Historical crab quota distribution principle is not effective enough – Rosrybolovstvo
15:02 Wärtsilä's BWMS successfully tested for global compliance
14:27 BP ETAP hub celebrates 20 years of production
14:02 High-tech automotive quality control measures installed at the Port of Southampton
13:29 Seadrill receives ABS MPD™ notation enabling safer deepwater drilling
13:00 Severnaya Verf lays down a longline factory vessel Gandvik-1 for fishing fleet of Karelia
12:17 Icebreaking LNG carrier "Vladimir Rusanov" first call ceremony at PetroChina LNG Jiangsu Terminal
12:16 GD NASSCO shipyard gets DDG 76 drydocking contract
11:48 HELCOM shares its insights on marine litter and management of sea areas
11:23 Wärtsilä's half year financial report January-June 2018
11:02 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
10:39 Gazprom to revive implementation of Vladivostok LNG and Shtokmanovsky projects
10:16 MPC Container Ships to acquire 1,740teu boxship
09:55 Brent Crude futures price up 0.28% to $72.78, Light Sweet Crude – up 0.1% to $68.33
09:18 Baltic Dry Index down to 1,657 points

2018 July 19

18:23 MPA and Port of Rotterdam Authority to continue cooperation in information exchange and R&D
18:14 DP World signs agreement to boost international trade
17:55 NIBULON launched second T3500 Project tug
17:32 IMO supports spill preparedness in the Northwest Pacific
17:10 ABB turbochargers support optimal performance and fuel efficiency for one of the world’s largest container ships
16:48 Escort vessel Yaroslav Mudriy of RF Navy’s Baltic Fleet leaves port of Cyprus
16:21 Ocean Alliance - CMA CGM to reshuffle its CIMEX 6 service
15:59 Blagoveshchensk shipyard launched hydrographic vessel Aleksandr Rogotsky built for RF Navy’s Pacific Fleet
15:26 Austal USA opens new San Diego operations office
15:04 MABUX says high volatility remains in global bunker market
14:45 Port of Klaipeda (Lithuania) handled 22.2 million tonnes of cargo in 6M'18, up 7.6% Y-o-Y
14:27 FSB Border Service explains its position as regards vessels owned by foreign entities and used by Russian fishermen
14:09 New CMA CGM's FAK rates from Asia to North Europe
14:02 The PORT OF KIEL invests in cargo handling and environmental technology
13:43 Season of icebreaker assistance in water area of port Sabetta is over from July 20
13:28 Coast Guard offloads approximately 8.5 tons of cocaine
13:04 CMA CGM: FAK rates from Asia to the Mediterranean
12:55 NOVATEK shipped first LNG cargos to China
12:36 ILCA, Port of Amsterdam to host Chem Together meeting, Sept. 11
12:10 Fuel oil prices are flat at the Far East ports of Russia (graph)
11:42 State Duma approves Russian ships’ multiple crossings of State Border through notification procedure
11:19 CMA CGM to apply FAK rates for Asia-North Africa trades
10:54 Canada’s Davie Shipbuilding delivered first LNG-powered ferry to be built in North America
10:35 NYK establishes logistics JV for finished cars using automobile freight trains in India
10:03 New Port of Hamburg “Connection Compass 2018/19” has arrived
09:46 Brent Crude futures price down 0.18% to $72.77, Light Sweet Crude – down 0.12% to $67.67
09:14 Baltic Dry Index up to 1,688 points

2018 July 18

18:31 Naval Group posts H1 2018 performance results
18:00 BC Ferries announces sponsorship of the Nicholas Sonntag Marine Education Centre
17:36 DP World announces closing of Continental Warehousing Corporation (India) transaction
17:12 Marine Technics to participate in International Far East Maritime Show-2018
16:44 Oleg Bukin elected as Chairman of Tuapse Commercial Seaport BoD
16:23 Transocean and Chevron Australia ink 11-well contract
15:45 Stena Bulk positions itself in crude oil
15:19 Transocean announces 13-well contract for Transocean 712
14:57 AGCS issued Safety & Shipping Review 2018
14:43 Scandlines Helsingborg-Helsingör kicks off the holiday traffic season without delay