SINGAPORE's PSA had its Chennai International Terminals (CIT) rates slashed 12.2 per cent by India's port regulator, the Tariff Authority for Major Ports (TAMP), because it said the terminal operator was making too much money.
"According to our analysis an additional surplus of US$17 million will accrue during he tariff cycle if the existing tariff is allowed to continue to 2014," said TAMP.
This came as a rejection of the terminal operator's application for a 15 per cent rate increase. TAMP's previous attempts to cut terminal handling charges by 35 per cent have been set aside by the courts, one case involving Dubai's DP World.
CIT has been struggling with ongoing congestion problems attributed to difficulties on the main access road since year-end 2011 which has resulted in a backlog. However, it increased its annual throughput to 1.56 million TEU in 2011/2012 from 1.52 million TEU in previous year.
Source Shipping Gazette - Daily Shipping News
CONTAINER volume in the Port of Charleston, South Carolina, increased 12 per cent to 134,857 TEU in March year on year and 13 per cent from February, making it the strongest month since October 2008, declared the South Carolina Ports Authority (SCPA).
But for the fiscal year to date (July through March), TEU volume was only up two per cent, while container volume for the quarter (January through March) increased seven per cent year on year, attributed largely to a new European service from APL.
"There is no turning back on the big ship trend, and we're seeing how harbour depth and access can influence carriers' service decisions," said Jim Newsome, president and CEO of the SCPA, referring to Charleston's deep shipping channels and post-45 [foot] harbour deepening currently underway.
The SCPA's non-container cargo increased 53 per cent to 111,236 tons in March year on year. BMW export vehicles and other ro-ro cargo movement had their best month since March 2008.
Source Shipping Gazette - Daily Shipping News
INDIA's Visakha Container Terminal (VCTPL), a joint venture of DP World and United Liner Agencies on the east coast of the subcontinent, has declared 2011 as a record year, hitting an all-time high volume of 234,733 TEU.
"We are very optimistic of reaching 350,000 TEU first and later achieving 500,00 TEU a year in a phased manner. Kolkata-Haldia transhipment cargo and local movement from hinterland have led to deployment of larger ships," Ravi Chander said in an interview with the Hindu daily of Chennai.
The drop in freight rates has made using containers for bulk cargo and for bringing cargo earmarked for other ports to Visakhapatnam viable, said Capt Chander with Kolkata-Haldia traffic, diverted to Visakhapatnam, adding to growth.
To meet future requirements, VCTPL is making an effort to develop an additional berth with a length of 350 metres to handle 350,000 TEU a year, said the report.
The length will subsequently go up to 500 metres in the next phase. A quay length of 350 metres with 16.5 metres alongside will enable handling two big ships simultaneously.
Source Shipping Gazette - Daily Shipping News
The current suspension of the Portuguese sardine fishery MSC certificate will remain in place after independent certifier, Intertek Moody Marine, accepted an action plan to address the current sardine stock issue. The successful development of an action plan means the fishery will not have its certificate withdrawn at this time. However, the suspension will stay in place until there is evidence of stock recovery.
A Successful first step to overcome the suspension
The Sardine Fishery Management Plan 2012-2015 proposed by the fishery, aims to promote the recovery of the sardine stock and to establish harvesting rules to be adopted over 2012-2015.
The principal conclusions and harvest control rules agreed in the action plan include:
- Current Biomass is 15% below Blim (307.000 tonnes). Blim is the minimal biomass needed to ensure the sustainable reproduction of the stock.
- The last benchmark carried out in February 2012 (where a new assessment model was used) shows more optimistic results regarding the status of the stock. However, in spite of these results and the fact that fishing mortality (F) was found not to be the only cause of stock depletion, the action plan focuses mainly on the reduction of fishing activities.
- Due to the change in the assessment model, the ICES recommendation made in July 2011 has been amended and the recommended TAC of 36,000 tonnes has been increased to 51,000 tonnes for the entire stock.
- In order to follow the new recommendations, the main harvest control rule established in the action plan is the fixation of a total quota of 35,700 tonnes for 2012 for the Portuguese fleet, distributed with 9,000 tonnes already approved for the period January-May and a further 27,000 tonnes for the period June-December. This represents a reduction of 35 % from 2011 estimated captures [2].
Other harvest control rule measures already approved and implemented by the Portuguese fisheries administration are included in the action plan:
- A compulsory 45 days fishing ban was imposed during the period 01Jan/31Apr 2012.
- A limit of 9,000 tons for total landings was imposed for the period 01Jan/31May 2012.
- The 48 hour ban on fishing at weekends is maintained.
- Daily catch limits for non-associates are maintained.
- Increased frequency of monitoring and control by the Fishery Management Group (monthly reports).
The need for coordination with Spanish fisheries authorities is identified as a key issue to achieve the expected results of the management action plan.
The action plan is accompanied by a technical report written by the Portuguese research body to explain the changes in the recommendations following the results of the new assessment model and simulations of a range of scenarios run to guarantee that the recommendations may help to increase the biomass level above Blim before 2015 and therefore overcome the suspension.
The action plan, the technical report and the approval letter from IMM are enclosed. You can also download these documents here.
Timelines for the suspension
In order for the suspension to be lifted, there are two requirements that must be met:
- Firstly, a strong corrective action plan is to be presented before 12 April 2012 - COMPLETED
- Secondly, stock status must show that the decline has been reversed
If Anopcerco considers that sufficient progress has been made to justify reinstatement of the certificate, it can ask IMM to perform an audit and verify that the reason for suspension (i.e. the poor status of the stock, with biomass below Blim) has been addressed.
Reinstatement
Certification will be reinstated as soon as the certification body has evidence of recovery of the stock. This evidence may be provided by the ICES assessment to be conducted in July 2012 or by a further analysis scheduled for July 2013. Otherwise, the suspension may be maintained until expiry of the certification in January 2015.
MSC
2012-04-20
New systems enhances ROV handling capabilities
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Remotely Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under construction at Havyard Leirvik, Norway.
The Kongsberg Evotec’s E-LARS installation for Forland Shipping’s new 110 meters long, 22 meters wide subsea vessel, which is due for delivery in 2013, consists of both an ‘overboard’ system and a ‘moon pool’ system. The system is designed to handle work class ROVs with or without a Tether Management System (TMS) to depths below 4000m.
Kongsberg Evotec designed E-LARS in close cooperation with end users, umbilical manufacturers and ship designers in order to provide improved ROV handling capabilities, with emphasis on operational environment and safety for both operator and equipment. Based on this, the innovative design and application of technology results in better personnel safety and optimal ROV uptime, in addition to simplified system maintenance and longer service intervals.
Technical highlights of the new system include the use of Permanent Magnet Motor (PM) technology and an innovative control system designed to achieve significant operational benefits by providing the operator with continuous real-time information about capacity, and umbilical status and history. E-LARS also features Kongsberg Evotec developed Active Heave Compensation that operates on minimal power consumption.
“The market expects an increase in Subsea activity ahead, and so far we have experienced very positive feedback to the solutions presented. Kongsberg Evotec is confident in the potential of E-LARS in this expanding market and we are delighted that Forland Shipping has chosen our solution based on the many benefits it offers,” says Jon Olav Kopperstad, VP Offshore Supply & Subsea.
Kongsberg Evotec AS was acquired by Kongsberg Maritime in October 2011 and is an established supplier of marine handling systems. In addition to E-LARS Kongsberg Evotec also offers a sophisticated Bulk Hose Securing Unit and other handling systems, and designs cranes, complete with handling systems including winches, power units, bulk handling and control systems.
Forland Shipping is a privately owned shipping company with a history dating back to 1973. It owns and operates some of the market’s most advanced offshore and seismic vessels in Norwegian and foreign waters. The company, headquartered in Bergen, has a high level of technical expertise and a strong focus on health, safety and the environment.
Saltwater
Marlink has announced, at this year’s Sea Japan tradeshow, the appointment of Shinobu Suzuki as its new Japan Country Manager. Suzuki will be based in Marlink’s Tokyo office and will have core responsibility for further strengthening the company’s position in the Japanese and Korean markets, as well as supporting its existing customer base in the region.
Having worked in the maritime communications field for 26 years, Suzuki brings a wealth of knowledge and experience to her new role. Her extensive career includes positions with several of the industry’s major players including SAIT Communications, which later became part of Marlink.
Suzuki’s strong management skills and maritime experience will further develop the Marlink Tokyo office value proposition meeting the rapidly growing demand for flexible and reliable satellite communications solutions. Marlink provides a total satellite communications solution to suit operator’s applications and as the world’s largest provider of maritime satellite communications has significant expertise and experience in VSAT.
Commenting on the new appointment, Gunnar Valle, Marlink’s Sales Director for Asia said: “Shinobu Suzuki has a very strong background in the maritime satellite communication industry and we are delighted to welcome her back to the Marlink team. With a great understanding of the local market, we are confident that Suzuki-san will be able to provide exceptional managerial support and regional focus, enabling us to further expand our Japanese and Korean customer base.”
As a well-established provider of satellite communications to the global maritime market, Marlink has a long history of supplying a wide range of solutions to the Japanese shipping industry. Further information about Marlink can be gained during this year’s Sea Japan where the company will exhibit on stand P20.
Saltwater
AIR FRANCE has launched an 11-hour service from central China's city of Wuhan to Paris Charles de Gaulle, Xinhua reports.
The service offers three flights a week using Boeing 777-200ER aircraft from Wuhan's Tianhe International Airport.
Wuhan has accelerated its development as the air hub for the country's fourth city for air passengers after Beijing, Shanghai and Guangzhou. The upgrading facilities and capacity has also attracted carriers from home and abroad.
Air China started a service from Wuhan to Tokyo last year, starting a race among carriers providing international services from Wuhan. China Southern Airlines has announced plans to start new routes to Singapore, Seoul, Bangkok and Kaohsiung this year. China Eastern Airlines has launched the Wuhan to Singapore line on April 19 and will start a service to Japan's Shizuoka in June. Singapore-based SilkAir will also launch a service to Singapore on April 24.
Sun Jianhua, a manager from China Southern's Hubei branch office, said the carriers launched chartered service from Wuhan to Osaka and Shizuoka in March and plans to turn them into scheduled services. The carrier is also preparing to launch flights to Danang in Vietnam and recommence services to Korea's Jeju and Thailand's Phuket Island this year.
Wuhan has been operating 11 international flights to Hong Kong, Taiwan, Macau flights from the beginning of the year and another eight to 10 international services will be added this year.
By 2015, Wuhan will offer another 10 international services covering Asia, Europe and America, raising the total to 20 and increasing to more than 40 by 2030.
Shipping Gazette - Daily Shipping News
SINGAPORE Airlines Cargo is to add more destinations to its network through an agreement with Scoot, a new medium and long haul budget airline to manage its bellyhold capacity.
Singapore-based Scoot will begin commercial flights in June 2012, operating daily services between Singapore and Sydney, and five-times-weekly services between Singapore and the Gold Coast in Australia. In the second half of 2012, the new airline will launch four-times-weekly services to Tianjin in China.
An airline statement said Scoot will deploy the Boeing 777-200 aircraft with a bellyhold capacity of 10 tonnes on these routes.
"Singapore Airlines Cargo is excited by the opportunity of this partnership with Scoot. The addition of Scoot's bellyhold capacity and network will provide our customers with the benefits of a wider network, and more choices in terms of frequency and capacity," said SIA Cargo president Tan Kai Ping.
Shipping Gazette - Daily Shipping News
THE US and Brazil have launched an "Aviation Partnership" that is described as being a public-private partnership aimed at enhancing bilateral cooperation in areas such as airport expansion, airspace management, safety and security.
"These programmes will support Brazil's aviation infrastructure development priorities, while connecting US companies to the growing business opportunities in the sector," said a statement from the US Trade and Development Agency (USTDA).
It said that initially six companies will participate in the Aviation Partnership, alongside supporting US and Brazilian government agencies.
"Brazil and the United States have a long history of cooperation in the aviation sector, and the Aviation Partnership will open more opportunities to work together," said USTDA director Leocadia Zak. "We are excited to work together to support the growth of Brazil's dynamic aviation sector and deepen our commercial engagement with Brazil."
The launching of the Aviation Partnership during Brazil President Dilma Rousseff's visit to the United States is timed to better coordinate US engagement with Brazil in the aviation sector. "As a result of rapidly increasing air traffic because of Brazil's growing economy and the upcoming World Cup and Olympic Games, Brazil is facing an urgent need to increase its investments in aviation infrastructure in order to accommodate the expected growth. US companies are eager to connect to the export opportunities created by these investments," the official statement said.
The first official activities under the Aviation Partnership will commence in June when USTDA will host a delegation of Brazilian aviation officials on a reverse trade mission to the United States to familiarise themselves with US technologies, best practices, and regulatory approaches for airports modernization.
In October, USTDA will host a Latin American Aviation Summit in Miami, Florida, to introduce hundreds of US aviation company representatives to aviation officials from countries across Latin America, including Brazil.
Shipping Gazette - Daily Shipping News
GLOBAL cargo transportation provider and airline Amerijet International is to launch a thrice weekly air cargo service between Miami and the capital of Nicaragua, Managua effective immediately.
The Miami-based Boeing 767-200 and B727-200 freighter operator is to extend its coverage to Central America which currently operates to and from El Salvador, Honduras, Mexico and Belize.
On top of the thrice weekly scheduled flights, it is to include a Sunday flight to support local importers wishing to receive and clear freight as early as 8am on Mondays at Managua's Aeropuerto Internacional Augusto C Sandino (MGA).
Its new facility can support perishable goods, hazardous materials and dry shipments for the local maquila (manufacturing operations in a free trade zone) industry, said its regional director of Central America, Alejandro Diaz-Vega. The new facility is open from 8am to 4pm on Mondays through Fridays and from 8am to noon on Saturdays.
At Amerijet's primary hub of Miami International Airport, it has a 19,500-square-metre export and 9,290-square-metres import air-cargo-handling facilities, as well as a 4,645-square-metre ocean cargo facility.
A custom-built 956 square-metre (21,127-cubic-metre) cooling facility was specially designed offering refrigerated and chilled storage space sub-divided into four climate-controlled chambers.
Shipping Gazette - Daily Shipping News
The Government of Kazakhstan approved a list of subsurface sites and deposits of strategic importance. Prime Minister of Kazakhstan Karim Masimov signed the Government Resolution, PM Karim Masimov's website reported.
The list includes 361 deposits including 45 raw hydrocarbon, oil, gas and condensate deposits. These are Kashagan, Karachaganak, Karazhanbas, Kalamkas, Kumkol, Tengiz, Uzen, Satpayev deposits and fields in the Caspian Sea - Zhemchuzhina, Tyub-Karagan, Makhambet, Bobek, Zhambyl, etc.
Besides, 54 uranium deposits including Glubinnoye, Akdala, Inkai, Kyzylkol, Mynkuduk, Southern Karamurun, Shokpak, etc. were included into the list as well as the deposits of diamonds, bauxite, iron, wo0lframite, gold, copper, nickel, and other raw materials.
Besides, about 200 sources of fresh groundwater in different regions of the country were included into the list.
Central Asian News Service, en.ca-news.org
CU Kazakhstan’s mutual trade with the Customs Union countries totaled 3,106.0 million US dollars from January to February 2012, what is also 7.6% greater than in January-February 2011. This rate includes exports reaching 977.1 million US dollars, dropping 21.3 %, and imports - 2 128.9 million US dollars with an increase of 29.3%, CaspioNet agency reported.
Statistical data shows that Kazakhstan’s exports are dominated by mineral products, metals and their products, as well as chemical products. Mineral products, machinery and equipment, metals and their products, as well as chemical products are mainly imported from Russia and Belarus.
Central Asian News Service, en.ca-news.org
Asia box shippers highlight need for better collaboration with logistics and transport industry to adapt to new trade growth opportunities
Reliability, responsiveness and communication top shipper wish list at TOC Container Supply Chain Asia 2012 conference
Better partnerships and collaboration among cargo owners, shipping lines and logistics operators is the key goal for industry executives keen to make the most of Asia’s growing economies and robust markets, said Mark Holloway, APAC Customer Service and Logistics Director for drinks giant Diageo, at the recent TOC Container Supply Chain Asia 2012 conference in Hong Kong. The 3-day conference and exhibition was attended by nearly 1,000 container logistics, transport and port industry executives from Asia Pacific, Europe, Africa, Middle East and the Americas.
Speaking to a high-level audience of shippers, carriers, 3PLs, ports and other Asia container supply chain members gathered for the annual event, Holloway emphasised that better partnerships should aim to improve services for customers and eventually win their trust. “We are becoming more customer-centric and need our partners to do the same,” he said, noting that for Diageo, performance today is “as much about planning and logistics as procurement and manufacturing.” The complexity of container booking documentation, limited proactive information, data fragmentation along the supply chain and highly variable delivery performance were among the key logistics challenges that he highlighted.
Holloway added that the size of the vessel carrying the cargo, or whether a 3PL is involved, matter far less than knowing whether containers will arrive on time. And in case of change or delay, shippers simply want sufficient forewarning so that they can mitigate the effect before it impacts the whole supply chain. In short, there is often a lack of proper end-to-end visibility between all the parties.
Significant changes in Asia trade volumes and patterns in the coming few years will drive greater demand for fast response logistics oriented towards import and domestic business, said keynote conference speaker Tommy Lui, Executive Vice President of global procurement specialist Li & Fung. Outlining the tremendous potential that will persist across Asia, and why the region is likely to remain the fastest growing trading area in the world, Lui noted that the ‘golden triangle’ of the region’s three most populous countries – China, India and Indonesia – are all projected to maintain annual economic growth rates of at least 9% for the next 3-4 years.
However, there are some significant changes on the horizon, particularly in China, summed up by slower export growth yet soaring domestic trade. The past assumption that Chinese growth is built solely on an almost unlimited supply of cheap labour is fast disappearing as rapidly rising wage rates in the country’s manufacturing heartland force more and more industry into China’s interior.
Similar patterns can also be seen in India and Indonesia as the growing middle class looks to consume more. This will likely generate significant changes in trade volumes and patterns, with import and domestic logistics growing much faster than export-oriented logistics, requiring responsive logistics strategies to cope with fast changing consumer tastes and demands.
The effect of China’s urbanisation and consumer market growth was also discussed by Juan Manuel Gonzalez, Managing Director, Asia Region for Hapag-Lloyd, who explained how the carrier is remodelling its China sales strategy along the lines of its North American operations, with more field offices in the hinterland and a greater focus on import trades.“TOC Asia provided a good opportunity to exchange views on industry trends and to learn the latest about infrastructure development and terminal capacity long term outlook,” said Gonzalez.
Not least of the challenges for Asian port and terminal infrastructure going forwards will be the coming wave of ultra large container vessels. Speaking alongside Gonzalez, Frank Jensen, CEO of shipping analyst SeaIntel cautioned that the phase-in of mega vessels will impact all trades, including intra-Asia, as carriers and owners seek to cascade vessels. Scale advantages in terms of unit costs and service frequency will also continue to drive a trend towards consolidation in the shipping industry, he added.
The practicalities of accommodating larger container vessels coming on stream over the next few years were addressed by Halfdan Ross, Managing Director, APM Terminals Crane & Engineering Services, part of the APM Terminals group. Ross said that his company is already studying how to cater for 22,000 TEU capacity ships, even before Maersk Line’s first 18,000 TEU Triple-E vessels enter service in 2013. Planning for crane and other infrastructure support to accommodate such vessels and the sheer volumes of containers needed to be loaded and discharged is a necessary exercise for any major hub port, he observed.
Ross examined issues and solutions applicable to quay cranes intended to accommodate the larger vessels entering into service, as well as the design or reinforcement of the quays themselves. Improved engineering, and camera-assisted and remote control of crane operations were some of the solutions presented, though increased power requirements may also pose obstacles, particularly in emerging market areas where power generation or supply can be challenging, he noted.
“Beginning here in Hong Kong this past March, TOC CSC Asia is embarking on a period of strategic growth and development, said Paul Holloway, Event Director TOC Worldwide. “Added to our 15 year heritage of delivering top quality market, technical and operational information for ports and terminals in Asia, we are pleased that major BCOs, carriers and 3PLs have now joined our community,” Continued Holloway: “TOC believes that ports represent one of the most critical links in the container supply chain and also that there are very real benefits to be gained by gathering all the parties together to address the issues, including critical perspectives from those at the very top of the supply chain. This is the start of something truly exciting for this brand moving forwards.”
TOC Container Supply Chain Asia returns to Hong Kong in 2013 from 12-14 March. Once again the event will include a 2-day high-level container supply chain conference, free-to-attend port operations and technology seminars, a major exhibition of port and terminal services, equipment and technology, and industry networking receptions. New for 2013 will be the addition of bulk port operations and technology seminars.
www.tocevents-asia.com
Central Asian News Service ir en.ca-news.orgIMF2012400-320x180 In a new report released in Washington on Tuesday, the International Monetary Fund projected a robust growth in all five countries of Central Asia in 2012 and 2013, but warned that Europe and oil prices could yet be a serious risk factor, reported Silk Road Newsline.
According to the IMF, growth in Kazakhstan is seen at 5.9 percent this year and 6 percent the following year. In Kyrgyzstan, growth is projected at 5 percent in 2012 and 5.5 percent in 2013.
Forecast for Tajikistan is 6 percent and 6 percent, for Turkmenistan is 7 percent and 6.7 percent, and for Uzbekistan is 7 percent and 6.5 percent, respectively.
The IMF’s outlook for the countries of Central Asia and other emerging markets is for continued strong growth.
“The outlook is rather good. We predict, you know, less growth than in the past few years, but still strong growth. They face a tough international environment. That’s really where the problems come from, for the most part,” said IMF Chief Economist Olivier Blanchard.
The IMF warned that risks of a renewed upsurge of the crisis in Europe continue to loom large, along with geopolitical uncertainties affecting the oil market.
“There are always many risks, but there is just one overwhelming one, which is another Euro crisis. You know, some measures were taken. Actually, important measures were taken as a result of the last one. But they’re not quite enough. If you look at the program countries, or if you look at some other countries in Europe, they still have a terrible problem of achieving competitiveness, decreasing the fiscal deficit, having growth,” he said.
Blanchard said the second key risk to the outlook would be rising oil prices.
“What we looked at was a scenario in which there was general uncertainty in the Middle East, so the oil price went up by roughly 50 percent for a long time. That is not good. That, we think, would decrease the level of output over two years for the U.S., for Europe by about 1 percent, more so in Japan, emerging Asia, because they import more oil, so 1.5 percent, roughly,” he said.
Central Asian News Service, en.ca-news.org
Montreal - The International Air Transport Association (IATA) called upon governments to work together and with the aviation industry to maximize aviation’s ability to sustainably drive global economic development and job creation.
“Governments and industry share a common interest in aviation’s success. Aviation is a business and a driver of economic and social development that is vitally important to governments. About 3 billion people fly annually. And the nearly 50 million tonnes of cargo transported by air represents some 35% of the value of goods traded internationally” said Tony Tyler, IATA Director General and CEO while speaking at the International Civil Aviation Organization (ICAO) International Air Transport Symposium.
Aviation is a highly regulated industry at the national, regional and global levels. “Sustainability depends not only on what airlines do for themselves but also the policies adopted by governments,” said Tyler. “Regulation that is neither coordinated nor mutually recognized brings a high cost of compliance without corresponding benefits, while maintaining restrictions on airlines’ access to global capital and to markets has kept airlines financially weak,” said Tyler noting the important role of ICAO in delivering solutions to ensure aviation’s sustainability in the broadest of terms.
Tyler cited four areas where policy efforts are needed to ensure aviation’s financial sustainability:
Infrastructure: Modernization of air traffic management is needed to reduce delays, save fuel and cut CO2 emissions.
User Charges: Effective regulation of monopoly suppliers is required to ensure sufficient infrastructure, reasonable returns for operators and cost-efficient prices for airlines, in line with ICAO-agreed principles.
Fees and Taxes: Policies are needed that re-invest aviation tax receipts back into the industry and to ensure that aviation is treated as an economic catalyst not a cash cow.
Regulation: An approach is needed that resists the urge to micro-manage competition, allows airlines to explore different business models and enables market forces to play out.
Additionally, Tyler noted the need for a globally coordinated approach among governments to managing aviation’s 2% contribution to manmade CO2 emissions. “Aviation has committed to three targets, the most ambitious of which is to cut net emissions in half by 2050 compared to 2005. We cannot do that without government cooperation. As aviation is a global industry, that cooperation must be coordinated through ICAO.
That is why Europe’s inclusion of international aviation in its emissions trading scheme is counter-productive. The regional approach distorts markets. And it will not have the positive impact on sustainability of globally coordinated measures through ICAO. On top of that, the unilateral and extra-territorial approach is seen by non-European states as an attack on their sovereignty,” said Tyler.
“Nobody wants a trade war. And I am confident that if Europe participates whole-heartedly at ICAO—being prepared to find solutions with the international community beyond its current plans—ICAO will successfully facilitate a durable solution for environmental sustainability,” said Tyler.
“Aviation connectivity is the infrastructure of our global community. A key component of sustainability must be a pragmatic and comprehensive policy approach focused on building competitiveness to maximize aviation’s economic and social benefits,” Tyler said.
A recent Oxford Economics study reported that aviation globally is responsible for 56.6 million jobs and $2.2 trillion in economic activity—3.5% of global GDP.
Source IATA
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