ARTICLE
23 January 2025

Ports & Maritime News | January 6-12,2025

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The Ports & Maritime team has compiled the sector's main news for the week of January 06–12 to keep you in the loop.
Brazil Transport

The Ports & Maritime team has compiled the sector's main news for the week of January 06–12 to keep you in the loop.

Maritime emissions pricing proposal submitted to IMO by 47 countries and ICS

A joint proposal led by 47 countries, flag states, the EU and the International Chamber of Shipping (ICS) for the adoption of a greenhouse gas (GHG) emissions pricing mechanism for maritime transport has been submitted to the IMO.

The proposal consists of amendments to the MARPOL Convention so that shipping companies contribute annually per ton of CO2 equivalent emitted to an IMO GHG Strategy Implementation Fund.

Source: Portos e Navios

New waterway on the Tocantins River will boost navigation on the Northern Arc by 2025

The Government of Pará, through the State Secretariat for the Environment and Sustainability (SEMAS), has issued operating licenses for the Tucuruí locks, allowing navigation between the mouth of the Tocantins and Marabá. Companies are already showing interest in operating in the Arco do Norte logistics corridor, mainly in grain transportation.

Source: Portos e Navios

Federal government invests in ports to expand foreign trade

The Federal Government is planning 37 new leases and the concession of channels in five major Brazilian ports by 2026. The intention is to guarantee space for a possible increase in foreign trade due to the Mercosur-European Union agreement.

Source: Portos e Navios

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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