Au port du Havre, @MSCCargo confirme et amplifie ses investissements - @nataliecastetz ... - 0 views
Boosting Maritime Security & Trade Around The Indian Ocean - The Daily Catch - 0 views
Cuban leaders eye new port as economic lifeline - CapitalGazette.com - 0 views
Nigeria: Sea piracy undermines investment in offshore oil sector - Lawyer - Daily Indep... - 0 views
China and Israel in big port-construction deal - Via @PortTechnology - 0 views
Greens cheer as Deutsche Bank dumps Abbot Point - The Australian - 0 views
10 Amazing "World's First" Maritime Vessels Under Development - @MarineInsight - 0 views
Antwerp Port Enhances Capacity - @ShipNews - 0 views
Hurtigruten to Refit Three Cruise Ships with Hybrid Power - @Mar_Ex - 0 views
Once migrants on Mediterranean were saved by naval patrols. Now they have to watch as d... - 0 views
Via @US_ARC - Russia invests billions into Arctic dredging projects - @DPC_editor - 0 views
China To Invest Billions In Brazilian Port - @ShipNews - 0 views
China Has Signed 197 Belt and Road Deals with 137 Countries - @Mar_Ex - 0 views
Belt and Road countries will make or break the Paris Agreement - @chinadialogue - 0 views
World First: Patrol Vessels Deploy 3D Printers - @ShipNews - 0 views
MARSHALL Islands Registry Achieves 200 Million Quality Gross Tons - @Mar_Ex - 0 views
The impact of EU-ETS on the global marine industry and the relevant investment dispute ... - 0 views
-
Emission trading is an efficient measure to combat climate change, which is one of the biggest threats to the international community and human health. The shipping industry has previously been considered an energy-saving industry but the growth rate of its emissions far exceeds that of other industries. On 10 May 2023, the EU enacted Regulation (EU) 2023/957, which officially included the shipping industry in the EU-ETS. Therefore, this may lead to investor-state disputes regarding emission trading in the marine industry due to the conflicts between the obligation to combat climate change and the obligation to protect investments of the host states. This has resulted in the breaching of International Investment Agreements. In this context, this study aimed to propose practical recommendations for global marine market practitioners to avoid the potential risks of disputes by reflecting on the existing practice regarding climate change-related investor-state dispute resolutions and identifying the trends and problems of the current dispute resolution mechanism. These included inconsistency in the review standard, inconsistency in the review scope, and broad interpretation by the tribunal. Finally, this study proposed that by setting public purpose and exception clauses in the preambles of the International Investment Agreements and incorporating the specific obligations of the foreign investors and the regulatory power of the hosting states in the drafting stage, the potential risks for disputes regarding the new EU directive in the global marine industry could be effectively reduced.