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The European Union supports the establishment of the infrastructure of the Tallinn-Helsinki twin city maritime connection with EUR 10 million in the joint project TWIN PORT 4



The European Union supports the establishment of the infrastructure of the Tallinn-Helsinki twin city maritime connection with EUR 10 million in the joint project TWIN PORT 4. Image: Port of Tallinn
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The ports of Tallinn and Helsinki will receive up to EUR 10 million of European Union support from the Connecting Europe Facility (CEF) for infrastructure investments. The total volume of planned investments is EUR 33 million.

Valdo Kalm, Chairman of the Management Board of Port of Tallinn, pointed out that TWIN PORT 4 investments are aimed at the development of both Tallinn-Helsinki as well as Muuga-Vuosaari vessel traffic and are related to the implementation of the sustainable development objectives of the Port of Tallinn.

“Vessel connection between Finland and Estonia is one of the busiest vessel connections. Even today, in the post-crisis period, there are a record number of visits between the two neighbouring countries. In the Tallinn Old City Harbour, we are developing an infrastructure for servicing passengers and vehicles and are creating a high-quality public space connected to the local community. We will build new shore ramps in Muuga Harbour to divert even more of the heavy goods traffic from the Tallinn city centre to Muuga. We follow the principles of environmental sustainability in all investments.”

As the project number suggests, this is the fourth TWIN PORT project, the aim of which is to develop one of the most active shipping routes in Europe between two capitals on the shores of the Gulf of Finland. The first two TWIN PORT projects focused on the development of passenger terminals (Terminal D in Tallinn and West Terminal 2 in Helsinki), opening the Muuga-Vuosaari route, and establishment of the route for the LNG-fuelled passenger ferry MEGASTAR.

The TWIN PORT 3 project, which is currently being implemented, is focused on the reduction of environmental impacts of the increasing Tallinn-Helsinki vessel traffic in ports and in their near vicinity by establishing, among others, the automatic mooring capacity and opportunities for using shore electricity both in Tallinn Old City Harbour as well as Helsinki West Harbour.

With the fourth follow-up project, the ports continue making investments in both Tallinn and Helsinki ports as well as for the development of the Muuga-Vuosaari shipping route. Among others, double ramps that enable faster and more convenient embarkation and disembarkation of vehicles, especially trucks, are being built in the ports on the latter shipping route.

The first storey ramp of one berth will be reconstructed and a new second storey ramp for servicing vehicles quicker and better will be built in Muuga Harbour. The Port of Tallinn intends to divert some of the heavy goods vehicles transporting goods between the two countries from Tallinn Old City Harbour to Muuga Harbour.

As a result of the project, passenger terminals running from Terminal D to the ship in Tallinn Old City Harbour are reconstructed and, among others, solar panels are installed on the roofs to use even more renewable energy in operations. In addition, the area in front of Terminal D is fully reconstructed in accordance with the development plan Masterplan 2030 covering the area of the Old City Harbour.

The aim of the new solution is to reduce traffic congestion in the port area and to create more convenient solutions for arriving in and departing from the terminal on foot, by public transport as well as by car. In addition, the new solution will make it easier for passengers to travel between the two passenger terminals across the new open pedestrian bridge to be built within the context of the TWIN PORT 2 project.

The Port of Helsinki will continue to establish automatic mooring for ships and shore electricity systems to reduce noise and air pollution in the port area. In addition, digital port solutions will be upgraded and a second storey ramp will be built in the Vuosaari Harbour to service ships sailing on the Muuga-Vuosaari route.

The TWIN PORT 4 project will be implemented in 2020–2023. The largest volume investments in the project are made by the Port of Tallinn, whose estimated volume of investments is EUR 22 million. The Port of Helsinki is planning investments in the amount of EUR 11 million.

The Connecting Europe Facility programme supports infrastructure investments of member state similarly to the previous TEN-T programme under which the first TWIN PORT project was implemented in cooperation of the two ports.

A fourth project of the same name, TWIN PORT 4, is already receiving support. The Tallinn-Helsinki maritime connection is being developed as part of the North Sea-Baltic transport corridor, and it is important for connecting the northern areas of Europe with the southern transport network.


Retail imports to see lowest annual total in four years



Retail imports to see lowest annual total in four years. Image: Pixabay
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Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“The economy is recovering but retailers are being careful not to import more than they can sell,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Shelves will be stocked, but this is not the year to be left with warehouses full of unsold merchandise. The more Congress does to put spending money in consumers’ pockets and provide businesses with liquidity, the sooner we can get back to normal.”

U.S. ports covered by Global Port Tracker handled 1.61 million Twenty-Foot Equivalent Units in June, the latest month for which after-the-fact numbers are available. That was up 4.9 percent from May but down 10.5 percent year-over-year. A TEU is one 20-foot-long cargo container or its equivalent.

July was estimated at 1.76 million TEU, down 10.2 percent year-over-year. August is forecast at 1.81 million TEU, down 7.3 percent; September at 1.69 million TEU, down 9.5 percent; October also at 1.69 million TEU, down 10.4 percent; November at 1.59 million TEU, down 5.8 percent, and December at 1.56 million TEU, down 9.6 percent.

Those numbers would bring 2020 to a total of 19.6 million TEU, a drop of 9.4 percent from last year and the lowest annual total since 19.1 million TEU in 2016. The first half of 2020 totaled 9.5 million TEU, down 10.1 percent from last year.

August is expected to be the busiest month of the July-October “peak season” when retailers rush to bring in merchandise for the winter holidays. But with retailers ordering less merchandise, the month’s total would be the lowest peak for the season since 1.73 million TEU in 2016 and falls far short of the 1.96 million TEU peak in 2019. Peak season usually includes the busiest month of the entire year, but this year that was likely January’s 1.82 million TEU.

“This year, peak season seems to have been thrown off by the coronavirus pandemic along with just about everything else we consider normal,” Hackett Associates Founder Ben Hackett said. “We’ve probably already had our busiest month. And with the pandemic taking a hit on the economy ever since then, peak season is likely to be a disappointment by comparison.”

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Indian government permits exports of ventilators



Indian government permits exports of ventilators. Image: Pixabay
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The Group of Ministers on COVID-19 has considered and agreed to the proposal of the Ministry of Health & Family Welfare allowing the export of made-in-India ventilators. This decision has been communicated to the Director General of Foreign Trade for further needed action to facilitate the export of indigenously manufactured ventilators.

This significant decision comes on the heels of India continuing to maintain a progressively declining low rate of case fatality of COVID-19 patients, which currently stands at 2.15%, which means that fewer numbers of active cases are on ventilators.

As on 31st July 2020, only 0.22% of the active cases were on ventilators across the country. Additionally, there has been substantial growth in the domestic manufacturing capacity of ventilators. Compared to January 2020, there are presently more than 20 domestic manufacturers for ventilators.

The export prohibition/restriction on ventilators was imposed in March 2020 to ensure domestic availability to effectively fight COVID-19. All types of ventilators were prohibited for export. Now with export of ventilators having been allowed, it is hoped that domestic ventilators would be in a position to find new markets for Indian ventilators in foreign countries.

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EU-Vietnam trade agreement enters into force



EU-Vietnam trade agreement enters into force. Image: Pixabay
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EU exports to Vietnam will be taxed less as of tomorrow, 1 August. This is the immediate effect of the entry into force of the EU-Vietnam trade agreement that will ultimately scrap duties on 99% of all goods traded between the two sides.

Doing business in Vietnam will also become easier for European companies: they will now be able to invest and pitch for government contracts with equal chances to their local competitors.

Under the new agreement, the economic benefits go hand in hand with guarantees of respect for labour rights, environment protection and the Paris Agreement on climate, through strong, legally binding and enforceable provisions on sustainable development.

President of the European Commission, Ursula von der Leyen, said: “The European economy needs now every opportunity to restore its strength after the crisis triggered by the coronavirus. Trade agreements, such as the one becoming effective with Vietnam today, offer our companies a chance to access new emerging markets and create jobs for Europeans. I strongly believe this agreement will also become an opportunity for people of Vietnam to enjoy a more prosperous economy and witness a positive change and stronger rights as workers and citizens in their home country.”

Commissioner for Trade, Phil Hogan, commented: “Vietnam is now part of a club of 77 countries doing trade with the EU under bilaterally agreed preferential conditions.  The agreement strengthens EU economic links with the dynamic region of South-East Asia and has an important economic potential that will contribute to the recovery after the coronavirus crisis. But it also shows how trade policy can be a force for good. Vietnam has already made a lot of effort to improve its labour rights record thanks to our trade talks and, I trust, will continue its most needed reforms.”

The EU-Vietnam agreement is the most comprehensive trade agreement the EU has concluded with a developing country. It takes fully into account Vietnam’s development needs by giving Vietnam a longer, 10-year period to eliminate its duties on EU imports.

However, many important EU export products, such as pharmaceuticals, chemicals or machinery will already enjoy duty free import conditions as of entry into force.

Agri-food products like beef or olive oil will face no tariffs in three years, while dairy, fruit and vegetables in maximum five years. Comprehensive provisions on sanitary and phytosanitary cooperation will allow for improving market access for EU firms via more transparent and quick procedures.

It also contains specific provisions to address regulatory barriers for EU car exports and grants protection from imitation for 169 traditional European food and drink products (like Roquefort cheese, Porto and Jerez wines, Irish Cream spirit or Prosciutto di Parma ham) recognised as Geographical Indications.

At the same time, the trade agreement expresses a strong commitment of both sides to environment and social rights. It sets high standards of labour, environmental and consumer protection and ensures that there is no ‘race to the bottom’ to promote trade or attract investment.

Under the agreement, the two parties have committed to ratify and implement the eight fundamental Conventions of International Labour Organization, and respect, promote and effectively implement the principles of the ILO concerning fundamental rights at work; implement the Paris Agreement, as well as other international environmental agreements, and act in favour of the conservation and sustainable management of wildlife, biodiversity, forestry and fisheries; and involve independent civil society in monitoring the implementation of these commitments by both sides.

Vietnam has already made progress on these commitments by ratifying in June 2019 ILO Convention 98 on collective bargaining and in June 2020 ILO Convention 105 on forced labour. It also adopted a revised Labour Code in November 2019 and confirmed that it would ratify the one remaining fundamental ILO Convention on freedom of association* by 2023.

The trade agreement also includes an institutional and legal link to the EU-Vietnam Partnership and Cooperation Agreement, allowing appropriate action in the case of serious breaches of human rights.

The entry into force of the trade agreement has been preceded by its approval by EU Member States in the Council and its signature in June 2019, and the European Parliament’s approval in February 2020.


Vietnam is the EU’s second largest trading partner in the Association of Southeast Asian Nations (ASEAN) after Singapore, with trade in goods worth €45.5 billion in 2019  and trade in services of some €4 billion (2018).

The EU’s main exports to Vietnam are high-tech products, including electrical machinery and equipment, aircrafts, vehicles, and pharmaceutical products. Vietnam’s main exports to the EU are electronic products, footwear, textiles and clothing, as well as coffee, rice, seafood, and furniture.

With a total foreign direct investment stock of €7.4 billion (2018), the EU is one of the largest foreign investors in Vietnam. Most EU investments are in industrial processing and manufacturing.

The agreement with Vietnam is the second trade agreement the EU has concluded with an ASEAN member state, following the recent agreement with Singapore. It represents an important milestone in the EU’s engagement with Asia, adding to the already existing agreements with Japan and Republic of Korea.

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