On July 18, 2016, EU Trade Commissioner Cecilia Malmström and Indonesian Minister of Trade Tom Lembong agreed to officially launch the negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between the EU and Indonesia.
The commitments of fourteen container liner shipping companies to increase price transparency for customers and to reduce the possibility to coordinate prices have been accepted by the European Commission. The Commission adopted a decision to make these commitments legally binding on the carriers for a period of three years starting from 7 December 2016.
On July 6, 2016, Airports Council International (ACI) reported that airfreight traffic across the European airport network grew by 2.8 percent in May. EU airports showed a 3.8 percent growth rate, while non-EU airports indicated a decline of 4.4 percent.
The BIC Technical Characteristics Database (TCD) allows shippers to obtain container characteristics by using the container’s operational number. The focus has been on container tare weight for method 2 of the SOLAS Verified Gross Mass (VGM) declarations, thereby enabling shippers to access this information more easily.
Shippers from all over the world are now confronted with extra surcharges, longer lead times and changed cut-off times imposed by other stakeholders in the maritime supply chain. These charges are applied without any sensible explanation and regardless of shippers being compliant before or since July 1st or being not compliant at all.
By making the commitments recently offered by several container carriers legally binding, the European Commission has failed to take a global approach to a global issue.
After pressure from Member States the Commission has decided on July 5, 2016, to use the mixed agreement to ratify the trade deal between the EU and Canada, the Comprehensive Economic and Trade Agreement (CETA). This means that the approval of national parliaments is necessary.