FERRY PORTS

By | 2020 Newsletter week 25 | No Comments

The European Commission has approved under EU State aid rules the prolongation until end 2023 of various Italian support measures for maritime transport under Italy’s “International Registry” scheme. The scheme encourages shipping companies to register their ships in Europe and so ensure higher social, environmental and safety standards.

Italy has also committed to a number of changes to its scheme to avoid undue competition distortion as well as to prevent any discrimination between shipping companies and registries of different European Economic Area (EEA) States.

European Commission Approves €47 Million Public Support For Greek Port Of Igoumenitsa

By | 2019 Newsletter week 41 | No Comments

The European Commission has approved, under EU State aid rules, Greece’s plans to grant €47.3 million of public support for the construction of a new quay in the port of Igoumenitsa.

The aim of the project is to decrease congestion, harmful emissions and the risk of accidents, by relocating the port’s international activities to a new quay situated out of the city of Igoumenitsa.

The Commission assessed the measure under EU State aid rules. It found that the public support was proportionate and necessary for the implementation of the investment. Furthermore, the Commission considered that Igoumenitsa, while being a relatively small port with limited transport volumes at EU level, is part of the core trans-European transport network (TEN-T).

EU Transport Commissioner Violetta Bulc Visits North Sea Port

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On 16 September North Sea Port received the visit of EU Transport commissioner Violetta Bulc. North Sea Port is the company managing three merged ports: Ghent, Terneuzen and Vlissingen.

In Terneuzen, the EU commissioner visited the building site of the New Lock. She was able to see the enlargement of the maritime access to the Ghent-Terneuzen Canal. Europe is supporting this project with a contribution of EUR 48m.

In 2022, the first ship will be sailing through the New Lock.

Ghent is an important base for DFDS.

EU agrees with rescue loan for Croatian shipbuilder Uljanik

By | 2018 Newsletter Week 04 | No Comments

The European Commission has found Croatian plans to grant Uljanik shipyard a State guarantee for a €96 million short-term loan are in line with EU State aid rules. The measure will allow the company to meet urgent liquidity needs while preparing a restructuring plan.
The Commission found that the aid is necessary to prevent Uljanik from going out of business immediately and avoid significant (1,800) job losses. Moreover, the company’s liquidity needs over the next months are based on reasonable assumptions and will be monitored by an independent auditor on the basis of weekly liquidity plans. Finally, Croatia committed to notify a restructuring plan for the company within a maximum of six months.

Uljanik has several ships on order or under construction, such as ro-ro’s for CLdN and an expedition cruise yacht for Scenic.

Photo: Uljanik