Vestas to Lay Off 220 Employees in Denmark and UK
turbines with a total capacity of 125 gigawatts across 82 countries, said it will employ over 35,000 people worldwide in combined businesses. (Reporting by Jacob Gronholt-Pedersen Editing by David Goodman and Alexander Smith)(Reporting by Jacob Gronholt-Pedersen; Editing by David Goodman)Related:European Commission Approves Vestas, Mitsubishi Offshore Wind DealVestas Buys Out Mitsubishi From Offshore Wind JV in Deal Valued EUR 709
Cyprus Names New Shipping Deputy Minister
of the sector and in promoting the benefits of a digital and environmentally sustainable future will support Cyprus’ continuing role in shaping progress.”For the past five years, Demetriades worked as a policy officer in the Directorate General of Mobility and Transport of the European Commission, coordinating the EU maritime transport strategy and its revision as well as the EU’s external maritime transport relations. Prior to this, he was Head of the EU Affairs Unit at Cyprus' Ministry of Transport, Communications and Works, which was in charge of shipping and integrated
Shipping Directly Employs Over 640,000 at Sea
. With this in mind, it is high time to have a jobs and growth strategy that recognizes the strategic importance of Europe’s maritime know-how,” said Martin Dorsman, ECSA Secretary General.ECSA is launching its ambitious Maritime Growth plan at an event attended by Member States, the European Commission, the European Parliament and its social partners.The Maritime transport sector is vital to the lives of Europeans and is of great strategic importance to the European economy. EU shipping is a solid contributor to the European agenda of jobs and growth, and one of its major strategic asset
Wallenius Wilhelmsen CEO Joins WISTA
and together build a truly inclusive industry.”WISTA has a consultative status in IMO and has since its inception in 1974 participated in a number of global initiatives aimed at increasing diversity and inclusion in the shipping industry. WISTA has partnered with organizations like the European Commission, International Chamber of Shipping, InterManager, INTERTANKO, World Maritime University, ISWAN, the Institute of Chartered Shipbrokers and YoungShip to increase women’s participation in the maritime industry in line with the UN’s sustainable Development Goal 5, (Gender Equality
EU Okays Danish Seafarer Support Scheme
The European Commission has approved under EU State aid rules extending a scheme supporting the maritime transport sector in Denmark, including the ones working in the offshore wind industry.Under the amended scheme, shipping companies registered in the Danish International Register of Shipping (DIS) and employing seafarers aboard certain specialised vessels providing off-shore activities, such as, for example, guard vessels, vessels servicing off-shore installations and vessels for raising, repairing and dismantling windmills can benefit from an exemption from income taxes for their seafarers.
Europe to Fund ‘SkillSea’ Project in Maritime Sector
The European Commission said it will co-finance the project ‘Futureproof Skills for the Maritime transport sector (SkillSea)’.The project aims to develop strategies to identify and meet the future skills needs of the maritime sector and attract greater numbers of Europeans to work in maritime industries. The four-year project will begin in January 2019.SkillSea is being launched by a Europe-wide consortium established by the industry's recognised social partners, the European Community Shipowners' Associations (ECSA) and the European Transport Workers' Federation (ETF)
EU to Legislate on Maritime Working Conditions
Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies, this means that additional financial and administrative burdens are to be expected for the maritime industry which is already heavily regulated and protected by international conventions.Since the European Commission presented its proposal for a directive on "Transparent and predictable working conditions in the European Union", the Working Conditions Directive, there have been heated discussions in Brussels.A press release from Danish Shipping said that the proposed directive is linked to the
Croatian Shipbuilders Strike Again Over Late Salary
guarantees for a loan worth 96 million euros ($111 million).Under European Union rules, no further state guarantees or direct payments from the budget are allowed.Earlier this year, Uljanik chose local firm Kermas Energija as its strategic partner and submitted a restructuring plan, which the European Commission rejected as inadequate. Management has yet to complete another restructuring plan.The chosen strategic partner reportedly aimed to convert part of the shipyard into a tourism business, drawing worker opposition. Economy Minister Darko Horvat said the government was also in contact with potential
Croatian Shipyard Workers to End Strike, Future Uncertain
remains and that is what will happen next with our business and jobs," one of the strikers told reporters.Under European Union rules, the state cannot provide direct financial aid. The two months of salaries have been secured through state guarantees with the bank and Plenkovic said the European Commission had been informed.Last January the Commission cleared Croatia's state guarantee for a loan worth 96 million euros ($112 million) to help the shipyard stay afloat.Earlier this year Uljanik chose local firm Kermas Energija as its strategic partner and submitted a restructuring plan which
European Dockworkers to Hold Two-hour Strike
The International Dockworkers Council (IDC) has called a Europe-wide port stoppage in support of the conflict faced by Spanish dockers and in opposition to the policies of the European Commission (EC). Once the conflict in Spain has been resolved, the IDC said it expects the EC to reconvene the European Commission Sectorial Social Dialogue Committee, which the IDC will re-join in order to promote new changes. The IDC said it demands that International Labour Organization (ILO) Conventions 137 and 152 be ratified and complied with by all member states of the European Union. The
Cyprus Appoints German Sales Executive
of favourable incentives, Cyprus understands that a personal approach and continuous flow of communication is extremely important to owners and operators. Its comprehensive and competitive Tonnage Tax System (TTS) - the only tonnage tax scheme of an open registry in Europe to be approved by the European Commission - and inclusion on white lists such as the Paris and Tokyo MOUs also provide tangible benefits to owners.
IMCA Appoints Bradshaw as Policy and Regualtory Affaris Manager
Specialist and a career at sea. He has a strong track record as a specialist in the field of marine engines and emissions as well as an advocate of policy development in the marine industry. “John’s background at Lloyd’s Register where he was rapporteur on a number of European Commission expert groups; and a regular attendee at IMO to support development of regulations, together his involvement with ICAS and makes him the ideal person to take on management of our policy and regulatory affairs. He will be working with Emily Comlyn our Policy and Regulatory Affairs Technical
EC Pumps €7.5 Mln into the Maritime Sector
European Commission invests over €7.5 million under the European Maritime and Fisheries Fund to boost innovation, growth and jobs in the marine and maritime sectors. The European Commission is investing over €7.5 million to boost innovation and create jobs in the marine and maritime sectors. The money is available under the European Maritime and Fisheries Fund and divided in calls for proposal focusing on the key areas where the European Union can have the biggest impact: skills, creativity and technology. Innovation in sectors like aquaculture, biotechnology or ocean
Huhtala Named CEO at Rautaruukki
SSAB, and will exercise his right to retire at the beginning of 2015. Rautaruukki became a subsidiary of SSAB on July 29, 2014. During the transition period, Tamminen will assist, among other things, in the divestment of assets as required by the regulatory competition approval granted by the European Commission for the combination of SSAB and Ruukki, and in customer relationship management. Sakari Tamminen has served as Rautaruukki's President & CEO since joining the company in 2003. He previously served as Executive VP and CFO, and deputy to the president and CEO at Metso Corporation (1999-2003)
Europe, China Economic News Challenges Shipping Demand
the Euro zone a bit. A lower of level of GDP growth and inflation is affecting shipping demand slightly negatively. However, the outlook for the manufacturing sector in the Euro zone continues to improve" EU reduces Euro growth forecast as inflation seen to slow Bloomberg reported, The European Commission trimmed its economic growth forecast for the Euro area and predicted low inflation to remain a threat to expansion for at least the next two years. The 18-nation Euro zone’s gross domestic product will rise 1.7% in 2015, compared with a February prediction of 1.8%, the Brussels-bas
Germans Push Renewable Energy Reform
surcharge to around 1,600 from Germany's 2,100 biggest users. "The expansion of the number of companies exempted was too much. We have to reduce that," said Gabriel, who has managed to cut through the resistance from lobbyists that plagued his predecessors. Despite fears that the European Commission would thwart the exemptions, Gabriel has helped ensure that the remaining 1,600, such as BASF and ThyssenKrupp, are likely to continue to be exempt, saving them some 5.1 billion euros per year. The final details still have to be worked out with Brussels, but Competition Commissioner Joaquin
