Maritime News - 2021 Archive - Page 4

SHIPPING has been left out of the Organisation for Economic Co-operation and Development proposals for a global minimum corporation tax rate of no less than 15 per cent, Lloyds List reported on Monday.

Ship owners could be forced to pay for pollution from their vessels or face bans from European Union ports under draft plans to add shipping emissions to the bloc’s carbon market. Shipping does not at present face EU emissions targets, but that is set to change under proposals to make its economy greener which are due to be published next month.

On International Day of the Seafarer, the Cyprus Shipping Deputy Ministry (SDM) has issued a circular which outlines plans to provide COVID-19 vaccinations to all seafarers on Cyprus-flagged and Cyprus-managed vessels. The island nation is also exploring the potential to become a vaccination hub for all visiting seafarers, proactively supporting long-term progress for seafarer welfare.

The Cyprus Shipping Chamber, as the trade association of the Shipping Industry in Cyprus, participated once again, among a large number of shipowners and shipmanagers’ associations from across the globe, in the Annual General Meeting of the International Chamber of Shipping which was held virtually, between 22-23 June 2021.

Nearly one in every five ships worldwide sails under a European Union (EU) Member State flag, and the EU accounts for approximately a fifth of all global maritime trade. However, during 2020, overall EU maritime traffic dropped by 10.2% as a result of the COVID-19 pandemic.

In light of the G7 summit of leaders starting this Friday, the ETF reiterates its call for an international agreement on a global minimum tax for multinational companies.

The first superyacht marina on the island, an undisputed iconic landmark for the city of Limassol, has been completed. The delivery of its final phase apartments at “Castle Residences”, the crown jewel of the Marina, signifies the end of the project’s development and the maturity of a remarkable success story for Cyprus.

Royal Caribbean’s Jewel of the Seas has arrived at its home port in Limassol to prepare for the start of its seven-night cruises from Cyprus in July.

The Mein Schiff 1 cruise ship has kicked off the cruise season at Ports of Stockholm. Despite the pandemic, Stockholm is still a top choice destination as cruise organisers slowly but surely start up voyages again, not least because the ships can call at quays located in the heart of the beautiful city of Stockholm.

China’s Marco Polo,  the largest container ship ever to arrive on the US East Coast, arrived on Thursday. At 16,022 twenty-foot equivalent units (TEU), the Marco Polo is close to being the largest container ship in the world. The biggest is HMM Algeciras, with 24000 TEU capacity.