The Apollo Global Experts is welcoming a new member in Bangkok, Thailand
We are excited to announce that the Apollo Global Experts is adding a new strategic partnership in the following location: Bangkok, Thailand Consult our online member directory for more details about this company.
Container Shipping Faces ‘Period of Uncertainty’ with Loss of EU Antitrust Protection
International liner shipping group the World Shipping Council says liner operators’ loss of their exemption from EU rules against anti-competitive agreements will “create a period of uncertainty” for the sector. First adopted in 2009, the Consortia Block Exemption Regulation (CBER) has allowed liner shipping companies to enter into vessel sharing agreements, forming a shipping “consortia”, as long […]
The EU-Mercosur Free Trade Agreement – A strategic, economic and sustainable win-win
It is time for the EU-Mercosur FTA to be approved. The benefits, on both sides of the Atlantic, could be substantial and could not only facilitate mutually advantageous trade and investment but also contribute to strategic gains and sustainable development. The four Mercosur countries (Brazil, Argentina, Uruguay and Paraguay) together have a population of 275 […]
Final adoption of ReFuelEU Aviation completes ‘Fit for 55′ legislation, putting EU on track to exceed 2030 targets
The European Commission welcomes today’s adoption of two final pillars of its ‘Fit for 55′ legislative package for delivering the EU’s 2030 climate targets. With the adoption today of the ReFuelEU Aviation Regulation and the revised Renewable Energy Directive, the EU now has legally binding climate targets covering all key sectors of the economy. Ahead […]
The Apollo Global Experts is welcoming a new member in Rotterdam, Netherlands
We are excited to announce that the Apollo Global Experts is adding a new strategic partnership in the following location: Rotterdam, Netherlands Consult our online member directory for more details about this company.
Hanwha Ocean Receives Class Approval for Eco-Friendly Vessel Technology
South Korean shipbuilder Hanwha Ocean has obtained certifications from classification societies Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly vessel technology. The certifications were announced during the Gastech 2023 exhibition held in Singapore from September 5-8. DNV awarded Hanwha Ocean an Approval in Principle (AiP) for its innovative 70,000 cubic meter […]
Turgut Erkeskin appointed new FIATA President
Turgut Erkeskin, CEO of Genel Transport in Turkey, was recently appointed President of FIATA. The Apollo HQ would like to congratulate him on this huge achievement and is proud to have Genel Transport as a member of our network in three different locations.
Norway’s Wealth Fund Rewards Two Companies for Cleaning Up Their Act on Ship Breaking
Norway’s $1.3 trillion wealth fund announced on Tuesday that it has lifted the exclusion of Thoresen Thai Agencies and ended its observation of Hyundai Glovis after both companies ceased the practice of sending old ships to be dismantled on South Asian beaches. Thoresen Thai Agencies had been excluded from the fund since 2018 due to […]
Controversy grows over China’s BRI investment in Pakistan
China has allegedly rejected a Belt and Road investment plan proposed by Pakistan. The proposal targeted adding more components to the China-Pakistan Economic Corridor (CPEC) project. The Pakistani Ministry of Planning Development & Special Activities denied the rejection and responded that “these claims are factually incorrect and misleading”. China turned down Pakistan’s suggestions to add […]
Air Cargo Demand up 1.5% in August, First Annual Growth Since February 2022
The International Air Transport Association (IATA) released data for August 2023 global air cargo markets, showing that year-on-year air cargo demand grew for the first time in 19 months. Global demand, measured in cargo tonne-kilometers (CTKs*), increased by 1.5% compared to August 2022 levels (2% for international operations). Capacity, measured in available cargo tonne-kilometers (ACTKs), […]
