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  • December 2008 - Newsletter
    to analyze ocean carriers and shippers response to plans to tighten conditions governing container shipping consortia s exemption from anti trust rules The European Commission has made proposals for a new regime to replace the current block exemption which expires in April 2010 The Commission s ban on rate setting liner conferences in European trades went into effect Oct 18 but it has said consortia which allow carriers to share vessels and exchange container can continue provided there is no collusion on freight rates Carriers have expressed concern the Commission assumes there is no competition within consortia and wants to aggregate all overlapping agreements to assess their market share a key to getting anti trust exemption This could result in carriers terminating some cooperative agreements aimed at capping costs and improving service levels without eroding competition to meet the EU s market thresholds The Commission also proposes reducing the threshold to qualify for anti trust exemption to 30 percent from 35 percent at present for consortia whose members do not belong to conferences The European Liner Affairs Association the carriers Brussels based trade organization has sought support from shippers to achieve a meaningful block exemption to enable shipping lines to maintain service levels during the current market downturn The Commission will also consult EU member governments over its plans next year before it finalizes a new block exemption Back To Top Call For Fundamental Reboot Dubai United Arab Emirates 9 November 2008 The world needs to examine the basic operating systems that drive its economies markets and societies and aim for a fundamental reboot to establish a fresh platform based on renewed confidence and trust and on sustainability responsibility and ethical principles That was the over arching message that 700 of the world s top thought leaders from business government academia and civil society delivered at the end of the inaugural Summit on the Global Agenda convened by the World Economic Forum in partnership with the Government of Dubai After three days of intense brainstorming on the most pressing global issues and risks including how to shape the post crisis international financial system members of the 68 Global Agenda Councils who came to Dubai from over 60 countries offered assessments of the state of the world in their focus areas and initial outlines of solutions and approaches The 68 Councils brought together leading experts to tackle some of the key issues facing the world from financial insecurity to global warming and from the future of the Internet to water security The work of the Councils which will continue to meet throughout the year will be taken forward to the Forum s 2009 Annual Meeting which will take place in Davos Klosters Switzerland from 28 January to 1 February under the theme Shaping the Post Crisis World A summary of the findings of each Global Agenda Council is posted on the World Economic Forum s website and can be found at http www weforum org globalagenda reports The Summit on the Global Agenda in Dubai has enhanced our shared understanding of the state of the world and the complexities of the issues said Klaus Schwab Founder and Executive Chairman of the World Economic Forum This Summit has heightened our appreciation of the urgency and necessity to address global challenges in an integrated way and what needs to be done to improve the state of the world Organized by the World Economic Forum s Network of Global Agenda Councils the timely Summit is only the beginning of a unique global collaboration to confront the key challenges facing the world across several issues industries and regions The aim to establish brain trusts for solving critical global problems through crosscutting innovative solutions According to Summit Co Chair Mohamed Alabbar Member of the Dubai Executive Council and Chairman of Emaar Properties the Summit on the Global Agenda in Dubai is among the most path breaking initiatives undertaken by the modern world He added As the world s largest brainstorming event it is not merely about setting agendas it is about laying the groundwork towards practical and actionable solutions We are confident that the deliberations of this Summit will be of immense value to the people of the world for the long term Dubai will host next year s Summit on the Global Agenda which will take place from 4 to 6 October 2009 Back To Top Maximum Height for Trailers Now to be 4 65 m Commercial Motor Report The Road Safety Authority in Ireland has drafted new legislation which provides for a national maximum vehicle and load height limit of 4 65m As a result of the new regulations high cube trailers will be banned from all roads in Southern Ireland The Road Traffic Construction and Use of Vehicles Amendment Regulations 2008 comes into operation on 1 November this year but will not apply until 1 November 2013 to tractor units or trailers registered before the regulation commences As well as affecting all vehicles entering Ireland from the UK via roll on roll off ferries across the Irish Sea the legislation also means that haulage operators in Northern Ireland who still operate under UK regulations will not be able to take a vehicle with a load of more that 4 65m across the border Tom Wilson head of policy for Ireland at the Freight Transport Association told Commercial Motor This legislation will lead to a significant increase in Lorries on the roads of southern Ireland and have an adverse effect on the environment Back To Top Container Ships Whipping and Springing Shipyards designing new ultra large container ships ULCS of over 10 000 teu will be able to rely on Bureau Veritas new Guidelines for Ultra Large Container Ships Specific attention is paid to whipping and springing two dynamic phenomena which increase in importance as the ship size increases A number of studies performed for ultra large container ships show that they cause amplification of the hull girder bending stresses as well as a

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