Draft regulations will set mandatory marine fuel standard and GHG emissions pricing for shipping to address climate change. The International Maritime Organization (IMO) has achieved another important step towards establishing a legally binding framework to reduce greenhouse gas (GHG) emissions from ships globally, aiming for net-zero emissions by or around, i.e close to 2050. The
The OECD published its report on "Trade Facilitation Indicators - Monitoring Policies up to 2025". This publication provides an overview of the efforts made to expedite the movement, release, and clearance of goods at the border in 163 economies. Progress on trade facilitation – as measured by the OECD Trade Facilitation Indicators (TFIs) – is
Global Shippers' Council supports the idea of the Hong Kong Shippers’ Council together with other ASA members to collect information and summarise the surcharges into a tables that can be consulted at this link.
MEDIA RELEASE "Global Trade in Need of Balanced Business Practices in Maritime Supply Chains" Brussels, Belgium, November 18, 2024 – The Global Shippers’ Alliance (GSA), in collaboration with the European Shippers’ Council (ESC), convened a pivotal roundtable discussion titled "Global Trade in Need of Balanced Business Practices in Maritime Supply Chains" in Brussels on Monday. The
MEDIA RELEASE Asian Shippers’ Alliance Charts Path Towards Resilient and Sustainable Global Trade Brussels, Belgium, November 18, 2024 – The Asian Shippers’ Alliance (ASA) successfully concluded its 2024 Annual Meeting in Brussels, hosted by the European Shippers’ Council (ESC). ASA extends its heartfelt gratitude to ESC for their exceptional hospitality and support in facilitating
On 2 October 2024, the European Commission proposed a 12-month extension for implementing the EU Deforestation Regulation (EUDR). This postponement shifts the application dates to 30 December 2025 for large companies and 30 June 2026 for micro- and small enterprises. However, this extension requires approval from the European Parliament and the Council. The European Commission
The Global Shippers Alliance commends the recent constructive talks held on September 19, 2024, between China's Minister of Commerce, Wang Wentao, and the European Commission's Executive Vice President and Trade Commissioner, Valdis Dombrovskis, regarding the EU's anti-subsidy investigation into Chinese electric vehicles . These discussions signify an important step toward addressing the concerns shared by
As India and the European Union (EU) gear up for the ninth round of Free Trade Agreement (FTA) negotiations, scheduled for September 23-27 in New Delhi, both sides acknowledge the need for a 'strategic and political impetus' to advance talks. These discussions follow eight rounds of negotiations and aim to strengthen trade and investment ties
EU High Representative/Vice-President Josep Borrell met with Foreign Minister of China Wang Yi, in the margins of the ASEAN Regional Forum in Vientiane, Laos on 26 July. They discussed EU-China relations. One of the EU concerns on EU relations with China is the impact of economic policies and production subsidies, which cause distortions on the
Businessman working with virtual interface connection map of global network for logistic,import,export background. business, technology, internet, businessman pressing logistics button on virtual screens On July 25, 2024, the European Union and Singapore concluded negotiations for a landmark Digital Trade Agreement (DTA), marking the EU's first agreement of its kind. This deal underscores the
Global shippers strive for a free market, freight rates transparency, and stability on the global level.