Port News

Oakland's outer Harbour terminal files for bankruptcy

 

 

China launches Maritime Silk Road which will connect the Middle East and the Beibu Gulf

The Iranian container ship ‘Perarin’ arrived at Qinzhou Port on 27th January 2016 to deliver 978 containers from several countries using  the Maritime Silk Road which was designed to boost trade in and around the Indian ocean. The People's Republic of China has agreed a deal with Malaysia (Port Klang) now part of this plan. 

Trade News

 

EU-Vietnam Free Trade Agreement Now Available On line

Brussels, 1 February 2016

Commission publishes full text of the agreement and dedicated analysis on human rights and sustainable development.

The European Commission today published the text of the free trade agreement (FTA) between the EU and Vietnam, following the conclusion of the negotiating process in December 2015.

In line with its transparency commitments, the Commission makes the text of trade agreements available to the public as soon as the talks are finalised. This will allow all interested stakeholders to become familiar with its content well in advance of the debate in the EU Council and the Parliament. According to the usual procedure, the text will now be subject to a legal review to verify its consistency and ensure that all the provisions are formulated in a legally-sound way. It will then be translated into all EU languages before being presented to the Council and the European Parliament for ratification. 

The Vietnam agreement includes all of the key provisions of the new Investment Court System for EU trade and investment negotiations proposed by the European Commission.

 

Travel News

 

Tube Strike - RMT union members vote for industrial action 5,6 and 7th February

RHA welcomes proposal for lower Thames crossing  costs after a report by the Department for Transport's recommending this.