The executive overseeing the busiest U.S. gateway for ocean trade with China on Thursday said the “weaponization of tariffs” to advance U.S. policy interests may now be the “new normal.”
China will not increase its annual low-tariff import quotas for corn, wheat and rice to accommodate stepped-up purchases of farm goods from the United States, senior agriculture official Han Jun said on Tuesday
The Chinese trade delegation plans to sign the first phase of its trade deal with the U.S. in Washington on Jan. 15, writes Bloomberg News quoting people familiar with the matter
Washington - Engulfed in an impeachment inquiry and other political turmoil, US President Donald Trump on Friday trumpeted the success of his hard-line stance with China, claiming to have scored a major win in the grinding trade war between the economic powers
Paris - The U.S. decision to impose tariffs on French wines will penalise American consumers who will see a sharp rise in prices while severely hurting French producers on their largest export market, exporters said on Thursday.
Brussels - The European Commission will quickly start work on a tax on foreign polluting firms, the nominee for the EU’s economic and tax commissioner said on Thursday, a move that could hit U.S. companies and deepen a trade war with Washington.
By ASLA - Associazione degli Studi Legali Associati
Hong Kong - Hundreds of thousands of anti-government protesters joined a mass rally in Hong Kong on Sunday, filling major thoroughfares in heavy rain in the eleventh week of what have been often violent demonstrations in the Asian financial hub.
Paris - French Foreign Minister Jean-Yves Le Drian called on Hong Kong authorities on Wednesday to renew talks with protesters to find a peaceful solution to the current crisis.
London - European elections boost eurosceptic insurgent Farage * Contenders for Conservative leadership eye clean Brexit.
Ras Banas - 31 crew of Suezmax crude oil tanker “Sea Shark” called Russian News Agency TASS and asked for help, describing their dramatic situation. Owned by UAE-based company tanker loaded a shipment of crude oil at Kharg Island Oil Terminal, Iran, and sailed to Suez in late Oct 2018, where tanker stopped
Brussels - EU trying to save Iran deal after US withdrawal. US Sec of State Pompeo meets EU ministers on Iran.
Lima - An indigenous community in Peru will not take part in negotiations aimed at ending its blockade of a road used by Chinese copper miner MMG Ltd until its leader is freed from jail.
Strasbourg - The European Commission kicked off the process two years ago in a bid to protect Europe’s cultural heritage and ensure publishers, broadcasters and artists receivet fair compensation from big online companies.
Sao Paulo - Two Brazilian stevedores, detained in a port of Sao Paulo with 17 kilos of drugs. Two Brazilian stevedores were recently caught in a port on the coast of Sao Paulo when they loaded 17 kilos of cocaine on a container ship whose next destination was the Puerto de la Luz
Sao Paulo - Brazil said it has decided to start a formal action at the WTO after failing to receive enough information from India following letters it sent to the Indian government seeking clarifications on sugar policies.
London - “The UK needs a unilateral exit mechanism from the backstop, but we can give the Irish government assurances that we would put in place specific measures to guarantee no return to a hard border,” Raab said.
Buenos Aires - The European Union will extend its existing economic sanctions on Russia next month, a top official with the bloc said on Friday after Moscow’s action against Ukraine’s navy in the Sea of Azov. European Council President Donald Tusk will chair a summit of EU leaders on Dec. 13-14
Brussels - The European Union will declare in approving the Brexit deal with Britain on Sunday that any future arrangements regarding Gibraltar must be discussed directly with Madrid.
Genoa - The Italian government is working on penalties it could apply against Atlantia following the fatal bridge collapse in Genoa, Prime Minister Giuseppe Conte said on Tuesday.
Istanbul - Erdogan says crisis aims to bring Turkey to “its knees”. Gunshots fired at US embassy, nobody hurt.
Moscow - Vladimir Putin has created a new directorate inside the Russian army to promote patriotism, evoking memories of a Soviet practice that once saw soldiers taught the precepts of Marxism and Leninism by political commissars
Bruxelles - The EU made its comments in documents submitted to the US Department of Commerce as part of that country’s continuing Section 232 national security investigation into imports of cars, SUVs, vans, light trucks and automotive parts. EU-operated companies produced almost 2.9 million vehicles in the US in 2017
Berlin - German Chancellor Angela Merkel struggled on Thursday to find a compromise on migrant policy with her Bavarian allies to avert a crisis in her loveless coalition just three months after it took power.
Washington - Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as senior Canadian, U.S. and Mexican officials seek to resolve an impasse in key areas before elections in Mexico and the United States complicate the process.
Oslo - A ferry owned by Norwegian operator Norled is the first in the world to experiment with autodocking technology. Equipped with Wärtsilä’s innovative autodocking system, the 83-meter ferry Folgefonn concluded three months of testing with harbor docking trials in April
Beijing - Chinese buyers of U.S. ethanol will have to cut imports because of higher tariffs, but eventually will have to return to the overseas market to meet government targets for using the fuel, industry participants and analysts said on Monday.
Paris - Bureau Veritas has developed a comprehensive approach to support shipowners in addressing maritime cyber risks. A new series of classification notations, guidelines and services enable owners to comply with regulatory requirements, safeguard their crews and protect their assets
Mexico City - The top U.S. Republican lawmaker overseeing trade policy said on Sunday all fairly traded steel and aluminum should be excluded from President Donald Trump’s tariffs, especially those of NAFTA partners Canada and Mexico.
London - It should be prohibited to have non-compliant fuel on board as from 2020.This is the clear signal from the IMO Sub-Committee PPR, Pollution Prevention and Response, which this week has been discussing how to ensure that the global sulphur requirements are implemented and enforced effectively
Ulsan - A Russian crewman of a car carrier has been arrested on charges of forcibly hugging and kissing a South Korean female welfare center worker, the maritime police in Ulsan said Monday. The 44-year-old, identified only as “A,”is suspected of having molested the woman
Oakland - The United States Geological Survey said the quake was of magnitude 4.4 and its epicentre was at a depth of 13 kilometres (8 miles) east south east of Berkeley.
Seoul - This is the first time that not the U.S. administration but a U.S. court ruled so.
Kiev - Cyber attacks hit Ukraine’s Odessa airport and the metro system in Kiev on Tuesday, with the state-run Computer Emergency Response Team (CERT) saying a new wave of hacks was hitting the country and asking transport networks to be on particular alert.
Rabat - Security forces detained the alleged mastermind of the cell in a safe house in Fez, where they found guns and a large quantity of bullets, materials for making suicide belts, nails and electric wires, according to a statement from the interior ministry.
Genoa - “We are not thinking of firing anyone in the Research and Development Department.” These words from Federico Rigoni, CEO of Ericsson’s Italy division, to employees who protested yesterday against new lay-offs, did not convince workers’ representatives.
Tehran - Iran’s steel exports to Europe are now safe from punitive measures after EU governments reject hitting imports from the Middle Eastern country with trade tariffs.
Brussels - The European Union and China failed on Friday to reach agreement on the problem of steel overcapacity and the EU’s stance towards Chinese dumping, despite “narrowing differences”.
Seoul - Former Finance Minister Kang Man-soo was sentenced to four years in prison Friday on multiple corruption charges. The Seoul Central District Court convicted Kang of pressuring the government to designate a biotech firm run by his friend as a business partner and provide billions of won in subsidies
Rome - As Mafia infiltration of the agro-sector spreads throughout Italy,so the phenomenon of illicit agricultural labour contracting known as “caporalato” shows no sign of abating; just the opposite. The case of Paola Clemente, a 49-year old farm worker from San Giorgio Jonico whose life was cut short in 2015
Genova - The process conducted by Italy’s leading certification company Rina Servicesto evaluate the conformity of Eni’s Anti-Corruption Compliance Programme to the requirements of ISO 37001:2016 “Anti-bribery Management Systems” has concluded successfully
Seoul - As offshore drilling and production units become more complex, shipyards have to evaluate and update processes and tools.
Genoa - It was one of the few gripping moments in a trial that had promised to be electrifying, but in the end has proven to be simply what it was supposed to be: an exhausting series of accounting data, diagrams cross referenced with corporate real estate deals to make one’s head spin
Genoa - Save the Children, the shipping company Vroon and the certification company Rina Services wanted Vroon’s “Vos Hestia” to be ‘classified’ as able to rescue anyone who runs into trouble crossing the Mediterranean. Rina Services made the announcement
Beijing - China on Tuesday rejected a plan by U.S. Republican presidential candidate Donald Trump to back out of a global climate change pact, saying a wise political leader should make policy in line with global trends, a rare comment on a foreign election.
Paris - Current Transatlantic trade talks should be halted and a new set started, France’s trade minister said on Tuesday, adding his voice to German calls for an end to the negotiations. Matthias Fekl said he would request a halt to negotiations overthe Transatlantic Trade and Investment Partnership (TTIP)
Genoa - “We are all English, we are all against the Brussels technocrats who want to destroy a whole category of entrepreneurs.” The community of concession holders on Liguria’s beaches is raising its voice and the Union Jack, from Sarzana to Ventimiglia. The protest involves 1,500 companies
Rome - With the Senate’s vote yesterday(168 in favour, 102 against and 2 abstentions), the tenth ILVA decree became Law. It had been passed by the Chamber of Deputies on 13 July. The most important element of the new law is the postponement of the deadline for the sale of ILVA, which was previously 30 June
Genoa - RINA Services, a world leader in marine classification and certification, recently awarded Carnival Maritime GmbH ISO 14001 and BS OHSAS 18001 certificates. Now the Carnival Maritime office in Hamburg as well as 26 ships in Carnival Maritime’s fleet have been awarded environmental management ISO 14001
Seoul - South Korea will consider a bilateral free trade deal with Britain in response to its exit from the European Union, Seoul’s top diplomat said.
Istanbul - Turkish Cypriot businessman Asil Nadir,who was jailed in Britain for stealing millions from his business empire, has been transferred to a prison in Turkey. Nadir was flown from London to Istanbul on Thursday evening after British authorities accepted his request to serve the rest of his sentence in Turkey.
Brussels - Three Libyan political leaders opposing the U.N.-backed unity government are from Friday subject to European Union’s economic sanctions, the EU official journal said. Fearful of derailing peace efforts, EU governments hesitated for months before agreeing in March to move on with restrictive measures
Oslo - VARD’s new LNG tank design has been granted General Approvalfor Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design
Washington - The U.S. Navy said the infrared radar footage showed an Iranian “fast inshore attack craft” launching several rockets on Dec. 26 “in close proximity” to the Truman
London - The industrial fishing community is smaller than you might think,’ said Stephen Akester, fisheries management adviser to the Bank’s West Africa Regional Fisheries Program (WARFP).
Genoa - The money seized from the Riva family that the prosecutors in Milan and Zurich had previously ruled should be used for Ilva’s environmental remediation in Taranto, remains in Switzerland for now, locked up in a trust and deep in the UBS coffers
Washington - The U.S. Navy said on Tuesday it had ordered an independent review of the long-delayed Remote Minehunting System being developed by Lockheed Martin Corp
New York -The United Nations aviation agency said there has been progress in its talks with Ukraine and Russia toward allowing air traffic to resume in international airspace over the Black Sea and the Sea of Azov, and that work was continuing to find a solution
Berlin - Catalonia needs to honour European treaties and stickto the Spanish constitution, a German government spokesman said on Monday after separatists in the region won a clear majority of seats in Catalonia’s parliament in a pro-independence showing
Hamburg - The injunction is expected to be issued within a few weeks, two or three at the most, though not before 24 August. Speediness is the main advantage of the International Tribunal for the Law of the Sea (ITLOS)
Sergio Maria Carbone is Professor Emeritus of International and Maritime Law.
London - The British government on Sunday accused Spain of violating its sovereignty over Gibraltar, saying Spanish state vessels had repeatedly and unlawfully entered its territorial waters without notifying it.
Panama City - Panama is putting pressure on Finmeccanica regarding a contract worth $125 million (around €115 million). The Panamanian Government has appealed to the Supreme Court to cancel a contract, signed in 2010, with Finmeccanica’s subsidiary Selex Es for the supply of 19 radars
Taranto - The prosecutor is on the warpath again, and through the judicial custodian, Barbara Valenzano, has requested that work at Ilva’s blast furnace 2 should be stopped, it is already subject to seizure without right of use after a fatal accident
Genova -With the addition of ‘BonelliErede’ to the brand name (they have retained ‘Pappalardo’, as the founding father, in the corporate name) the Bonelli Erede Pappalardo law firm has completed the reorganization that began three years ago.
Brussels - “And sailors will have more rights” says Patrick Verhoeven, the Secretary General of the European Community Shipowners’ Association.
Rome - Italy activated international arbitration in the case of the Marines Massimiliano Latorre and Salvatore Girone, in the context of the United Nations Convention on the Law of the Sea. The decision,which Parliament had pressed for, was taken after the necessary period of negotiations with India failed to reach a resolution
Washington - The U.S. Supreme Court on Monday declined to hear an appeal by a former BP Plc executive who contested whether he can be charged with obstruction of Congress.
Genoa - The Lantern of Genoa,the historical monument of the port and the city, looks with apprehension at the arrival of the new year. The lighthouse will be an orphan in 20 days as the Province authority loses control over the monument and it’s successor, the metropolitan city authority, repudiates responsibility
Dubai - Emirates Classification Society Tasneef and the Organization of the Islamic Ship-owners Association (OISA) signed an agreement to enhance the mutual cooperation between the two parties regarding to the ships classification, technical consulting, training services, and maritime certificates
Verona - Following a recent Council of State decision, Italian industrial operators may see their requests for environmental permits rejected on the grounds of international standards that have yet to find recognition at European level
Limassol - In September 2014 the Russian Ministry of Finance published the third versionof the draft law on the package of tax initiatives generally referred to as ‘de-offshorisation’. This draft differs from its predecessors in areas including the controlled foreign company (CFC) rules
Barcelona - Spanish political leaders hailed Scotland’s rejection of independenceon Friday, a vote that dealt a blow to separatists in Spain’s own northeastern region of Catalonia who have drawn inspiration from secessionist Scots
Valletta - Malta is an attractive destination for business and investment, in part by virtue of its dynamic and competitive tax regime. The chargeable income of a Maltese company – which includes its taxable income and capital gains – is taxed at 35%
Limassol - The Spanish government has announced that the double tax agreement between Cyprus and Spain, which was signed on February 14 2013, entered into force on May 28 2014, on expiration of the three-month period from the date of receipt of the last notification referred to in Article 27 of the agreement
Rome - The firm Oil & Gas’s Continental Europe region will establish its new regional head office in Milan, Italy, with Tobias Rosenbaum taking over the position as Regional Manager.
Tripoli - Turkey has been evacuating hundreds of citizens from Libyaafter a threat from a renegade general fighting Islamists in the east, Ankara’s embassy and airport officials said on Tuesday. On Sunday,retired general Khalifa Haftar called on Turks and Qataris to leave anarchic eastern Libya within two days
Limassol - After consideration of the article setting out the limitations on benefits in the double taxation convention between Cyprus and the United States, the US authorities have accepted that a Cyprus-resident holding company qualified for benefits under the Cyprus-US convention
Brussels - The European Union was preparing on Thursday to impose sanctions on those responsible for deadly violence in Ukraine as well as to impose an arms embargo on the country, according to a draft ministerial statement
Madrid - Puertos del Estado, the government agency which controls Spain’s Port Authorities, has launched an initiative that encourages the use of lighthouses as lodging, as reported by the Minister for Public Works Ana Pastor
Brussels - The European Commission proposed on Tuesday an EU-wide ban on fisheries imports from Cambodia, Belize and Guinea, saying they had not done enough to stamp out illegal fishing
Moscow - Russian President Vladimir Putin’s spokesman said on Tuesday the European Union was wrong to criticise Moscow over Ukraine’s decision to back away from a trade deal with the EU.