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The impact of EU-ETS on the global marine industry and the relevant investment dispute ... - 0 views

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    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.

Preparing For A Bright Future - 1 views

started by Super Property on 03 Oct 12 no follow-up yet
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Nigeria: Sea piracy undermines investment in offshore oil sector - Lawyer - Daily Indep... - 0 views

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    Sea piracy undermines investment in offshore oil sector - Lawyer.
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Russia invests US$400 million on Novorossiysk to dock 10,000-TEU ships - @SeaNews - 0 views

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    Russia invests US$400 million on Novorossiysk to dock 10,000-TEU ships.
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Italy Signs on for Chinese "Belt and Road" Port Investments - @Mar_Ex - 0 views

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    Italy Signs on for Chinese "Belt and Road" Port Investments.
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Rotterdam Port Invests In Expansion - @ShipNews - 0 views

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    Rotterdam Port Invests In Expansion.
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Cosco Shipping Ports investing $225m in Peru's Chancay terminal - @Seatrade - 0 views

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    Cosco Shipping Ports investing $225m in Peru's Chancay terminal.
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Saudis Invest in Carnival Corporation - @Mar_Ex - 0 views

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    Saudis Invest in Carnival Corporation.
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Via @IAMSPOnline - China eyes heavy investment in Egypt's Suez canal - @The_NewArab - 0 views

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    China eyes heavy investment in Egypt's Suez canal.
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New shipping emissions report - @TyndallCentre - 0 views

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    - New research from the Tyndall Centre at the University of Manchester highlights an urgent global need for investment in green fuels this decade to meet the Paris Climate goals. - Report says shipping will be crucial in transporting green fuels, and shipments of ammonia and bioenergy could grow to the same levels as shipping of gas and coal today. - 20 new large ammonia carriers must be built every year to meet potential demand, but investment in production and transport infrastructure is being held back by weak policy support with only 4% of current commitments actually being funded.
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UNCTAD calls for investment in maritime supply chains to boost sustainability and resil... - 0 views

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    UNCTAD's Review of Maritime Transport 2022, an annual comprehensive review of global maritime transport, warns that the maritime sector will require greater investment in infrastructure and sustainability to weather future supply chain crises.
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A.P. MØLLER-MAERSK to invest more than USD$500 million in integrated supply c... - 0 views

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    - Investments part of MAERSK's global integrator strategy to strengthen footprint across warehousing and distribution, air, inland logistics, ocean and terminal to support the region"s emergence as a global production and consumption powerhouse. - Approximately 480,000 sqm warehouse capacity to be added by 2026. - Plans to build green fuel infrastructure, pilot biodiesel fuel, and introduce EV trucks by mid-2024.
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Via @US_ARC - Russia to invest $4 billion to build Arctic port along Northern Sea Route... - 0 views

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    Russia to invest $4 billion to build Arctic port along Northern Sea Route.
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Joint Saudi fund launched to buy oil tankers - @APF via @MailOnline - 0 views

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    Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have launched a joint fund to purchase large oil tankers for the kingdom, an official statement said on Monday.
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Port of Rotterdam Authority Invests €32 Million In Buoys And Dolphins - @Mari... - 0 views

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    In the Caland Canal and the Botlek, the Port of Rotterdam Authority is working hard on the expansion and replacement of buoy berths and dolphin configurations so that they can become operational in the autumn.
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