The European Community Shipowners’ Associations (ECSA) which represents European shipowners says the result of the G7 meeting last weekend offered no improvement, on the contrary, and express their “deepest concerns” about recent developments on global bilateral trade relations.
“European shipowners recall that open trade relations based on transparent rules and procedures are crucial for world trade and world economic growth and prosperity,” they said through a statement from ECSA.
“Any unilateral measures appearing to show benefits at the short term will in the longer term prove to be counterproductive for all.
“Imbalances in trade relations have to be taken care of by sound economic policy measures, not by taking short sighted measures not addressing real possibilities for improvements.
“European shipowners, while understanding the need for Europe to act if need be, call upon all stakeholders to take their responsibility and to make sure that world trade remains the driver for economic prosperity all over the world.”
Published: 13 June, 2018
The bank is filing an application for pre-action discovery at the High Court of the Republic of Singapore in order to ascertain its future direction of proceedings against Sinfeng, according to court documents.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.