Danish Shipping: Brexit Talks Impasse Is a Risk for Shipping Companies

Image Courtesy: Danish Shipping

The lack of progress on the future relationship between the EU and the UK creates uncertainty for shipping companies, Danish Shipping said.

As explained, the time for operational preparations post-Brexit becomes increasingly short, given that no deal was made between the EU leaders at their meeting in Brussels on Friday.

Once again, Brexit was discussed among the EU leaders. The 27 remaining heads of EU states have agreed that progress has been made, but not enough to start negotiations on a future trade relationship.

“As the day of Brexit moves closer without knowing the future trade relationship, it becomes more and more difficult for shipping companies to prepare their commercial operations. Trade agreements require a long process, and this agreement will be no different. Instead of speculating what the relationship will look like, we are working to assist our members to map out and prepare for different scenarios from March 30, 2019,” Casper Andersen, Director EU affairs, Danish Shipping, commented.

For shipping companies, a no deal-scenario will result in cargo waiting for several days for customs clearances, which will in turn cause queues as ports will be a bottleneck between EU and the UK, according to Danish Shipping.

As a consequence, fresh products are at risk of rotting while waiting for the paperwork to go through. Standards on environmental, safety and reporting issues will be unknown from day one as well, Danish shipping added.

During the October summit, there has not been sufficient progress to move on in negotiations and the next assessment of progress has therefore been postponed to December. The delay further shortens the timeline as the UK will have to leave the EU on the night of March 29, 2019.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >