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  • The European Parliament endorses the agreement on the Proposal for a Regulation establishing a Recovery and Resilience Facility with a budget of EUR 672.5 bln
  • 2021 February 10 16:21

    The European Parliament endorses the agreement on the Proposal for a Regulation establishing a Recovery and Resilience Facility with a budget of EUR 672.5 bln

    On 9 February, the European Parliament endorsed the agreement on the Proposal for a Regulation establishing a Recovery and Resilience Facility (RRF). With a budget of EUR 672.5 billion, the RRF is the EU’s main instrument to recover from the crisis caused by COVID-19, according to ECSA's release.

    While being hit hard by the pandemic and the various restrictive measures, the transport sector has demonstrated its crucial role in the supply of goods and and movement of people and has thus proven its indispensability for a functioning European Union.

    The undersigned European associations representing transport, infrastructure managers, operators, workers in all transport modes and logistics, contractors, local and regional authorities, logistics service providers, shippers, users, shipyards and equipment suppliers in the maritime sector, ports, inland waterways, railways, road, cycling, aviation, airports and intermodal sectors, as well as supporting industries and companies, jointly call on Member States and the European Commission to ensure that the transport sector receives adequate consideration in the National Recovery and Resilience Plans:

    • Emphasize that the transport and logistics sectors are critical for providing EU citizens with the goods and the mobility that are essential for their health and well-being and will be major enablers to a sustainable and resilient recovery of Europe’s economy;
    • Reiterate that the European Green Deal calls for a 90% reduction in greenhouse gas emissions from transport, which requires substantial investments in transport infrastructures and fleets;
    • Stress that the objectives of the Green Deal for Europe to become a climate-neutral economy by 2050, can only be obtained by increasing the sustainability of the transport sector; note that the budget of the Connecting Europe Facility II is not sufficient to enable the necessary transformation;
    • Call on the Member States to put forward in their recovery and resilience plans measures facilitating economically and socially sustainable transport and digitalisation in the transport and logistics sectors, measures promoting cohesion and connectivity, promoting livable cities and regions, supporting just transition, support strategies for more diversified sustainable supply chains in view of strengthening Europe’s resilience as well as measures preparing the transport workforce for the digital transformation based on an inclusive social dialogue;
    • Call on the European Commission to evaluate the prominence of economically and socially sustainable transport measures in their assessment of the National Recovery and Resilience Plans.

2024 June 2

15:44 Prosafe to provide gangway connected operations to support a project off the coast of Western Australia
14:08 Alternative fuels research project to assess 'actual' impact on ship performance
12:33 Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives
10:27 FMC: Compromise agreements yield over $2.3 million in penalties and changes to business practices

2024 June 1

14:33 Saipem strengthens its E&C fleet with bareboat charter of latest generation heavy lift pipelay vessel
12:11 Adani Ports signs 30-year concession to operate CT2 at Dar es Salaam Port
11:28 Singapore has seen a significant increase in vessel arrivals in Jan-Apr 2024
10:57 ONEX Shipyards joins Green Award Foundation to provide incentives to frontrunner shipping companies
09:53 Russia to supply up to 70 million tonnes of grain to global markets in 2024, official says

2024 May 31

18:06 Fratelli Cosulich Group celebrates the new vessel "Marta Cosulich"
17:36 Eight investment schemes submit an EoI for the acquisition of a majority stake in the share capital of the Lavrio Port Authority
17:12 Fairchem Pathfinder completes its inaugural LNG bunkering operation in Singapore
16:41 Fortescue plans to order five very large ammonia carriers
16:25 Antong acquires Sinotrans Container Lines and China Merchants RoRo Transportation from China Merchants Energy Shipping Company
15:42 SWS and X-Press Feeders sign contract for four 11,000 TEU methanol-fueled boxships
15:23 Avenir LNG launches ship-to- ship LNG bunker supply in the port of Lubeck
14:42 PSA Singapore and PIL successfully trial a low-carbon end-to-end shipment
14:12 China's container throughput at its ports rose 9 percent year on year in Jan-Apr 2024
13:44 Swedbank sets climate target for shipping portfolio
12:49 Ship traffic to resume in Turkey's Bosphorus Strait after brief suspension
12:23 Global schedule reliability drops back to January 2024 levels
11:59 ABS and HD Hyundai Heavy Industries sign JDP to advance 3D printing
10:48 AD Ports Group and Economic Development Board of Madagascar sign MoU
10:27 Metrans expands terminal area in Dunajská Streda
09:58 DNV validates Norsepower’s new EEDI/EEXI calculation method

2024 May 30

18:06 RINA unveils Strategic Plan to reach 2 billion euros by 2030
17:21 Seaspan Shipyards unveils digital model of Canada’s heavy Polar Icebreaker
17:10 “K” Line announces delivery of a Capesize Bulk Carrier fueled by LNG "CAPE HAYATE" for JFE Steel Corporation
16:40 KOMIPO and Vitol extend long term LNG supply contract
16:02 HD HHI to build naval MRO service base in Philippines
15:58 Danaos adds four more vessels to its order book
15:25 Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
14:43 Subsea7 awarded ‘super-major’ contract offshore Brazil
14:13 TECO 2030’s fuel cell runs at 100% power capacity in test bed
13:42 Platform ship Marechal Duque de Caxias arrives in Brazil on its way to the pre-salt layer
13:17 First shore power for seagoing vessels arrives at Antwerp Euroterminal
12:44 EU sets higher tariffs on Russian and Belarusian grain products
12:21 Sea-Intelligence: Brexit leads to 24% ETS North Atlantic savings
12:08 MABUX: Bunker Outlook, Week 22, 2024
11:51 Cargotec starts the sales process of MacGregor
11:24 NYK and CMLNG jointly establish a ship-management company for LNG carriers "OPearl"
09:56 LR and REGENT partner on certification for all-electric seaglider

2024 May 29

18:00 Kongsberg Discovery completes an underwater demonstration of an autonomous underwater vehicle for the US Navy
17:07 CMA CGM Symi receives LNG from North America’s largest LNG bunker barge
16:47 ABS-classed SOV ECO EDISON launched
16:21 Brittany Ferries, Wartsila and Incat partner on zero-emissions ferry project
15:37 Huisman to deliver deepwater Knuckle Boom Crane for Coastal International Marine
15:13 Wintershall Dea installs template on Dvalin North field
14:55 Hyundai Glovis orders six dual-fuel LNG car carriers in China
14:22 IMO Member States call for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden
13:42 USCG Guidance on the use of power-limiting devices to ensure safe navigation
13:22 U.S. biodiesel imports have doubled since 2022 due to low prices in Europe
12:41 MAN Cryo to design hydrogen supply for net-zero Norwegian ferries
12:21 Wartsila Lifecycle Agreement to ensure operational reliability for two Japanese ferries
11:35 Alfa Laval introduces PureBallast 3 Ultra ballast water management system
11:10 Van Oord wins contract for Nordseecluster offshore wind project
10:40 Greek shipowners could face €1bn EU ETS costs
10:02 The Panama Canal expects up to 32 ships to cross daily as of June 1st
09:48 Marine fuel cells better suited for auxiliary power than propulsion – MMMCZCS

2024 May 28

18:02 Boluda Towage acquires British company SMS Towage
17:16 TE H2 and VERBUND sign MoU with the Republic of Tunisia to study the implementation of a large green hydrogen project
16:42 China’s bonded bunker fuel imports fell in April – JLC
16:15 European Commission approves up to €1.4 billion of State aid by seven Member States for the fourth Important Project of Common European Interest in the hydrogen value chain
15:52 Finnlines inaugurated its new line in Malmö
15:26 Yangzijiang Shipbuilding’s order book rises to record US$16.1 billion
14:52 Cochin Shipyard bags new order for construction of new generation hybrid wind farm Service Operation Vessels
14:18 HD Hyundai Heavy aims to top 5 tln won in naval vessel sales by 2035
13:41 RINA hits 800 million euros in 2023 revenue
13:21 COOEC appoints ABL for Safaniya jacket installations
12:41 The Canada Infrastructure Bank investment to improve flow of Canadian exports through Port of Prince Rupert