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Tag: COVID19 Economics

European shipowners believe COVID-19 may negatively impact decarbonisation investments

19 May 2020 A survey held by the European Community Shipowners’ Associations (ECSA) among its members revealed that COVID-19 may negatively affect efforts to decarbonise the shipping industry. Responding to a general question about investments in...
20/05/2020
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Singapore grants further reductions in port dues as part of broad support package

30 April 2020 Under the name ‘Maritime SG Together’ the Maritime and Port Authority of Singapore announced a new package of measures for maritime companies, individuals and seafarers that will be effective from 1 May. The...
01/05/2020
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European Commission proposes regulatory change to allow flexible port charges

29 April 2020 Presented as part of a package of relief measures to help the European transport industry during the COVID-19 crisis, the European Commission has issued yesterday an amendment proposal to its 2017 Ports Regulation,...
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Drewry online platform provides COVID-19 analysis and commentary

24 April 2020 Since the initial coronavirus outbreak, maritime consultancy Drewry has been closely monitoring and assessing the impact of developments on the shipping industry, from the financial health of key industry players to displaced container...
29/04/2020
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China, Spain and Panama announce economic support measures for port users

23 April 2020 Several governments in countries with state-owned ports announced economic support measures for companies in the maritime sector during the last days. These measures are often effected through reduction of port fees. The Chinese...
24/04/2020
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Could COVID-19 provide a catalyst for radical change in the maritime industry?

22 April 2020 The COVID-19 pandemic could prove to be the catalyst that forces shipping to undergo the radical adjustments needed if it is to get anywhere close to the decarbonisation and efficiency gains that the...
23/04/2020
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Towards a V-shaped recovery … or not?

15 April 2020 Those studying the longer-term economic impact of the Coronacrisis, are grappling with potential scenarios of recovery. Writing for the online shipping magazine Splash247, James Frew from Maritime Strategies International finds that, compared to...
15/04/2020
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