The Kiel Canal in Germany connects ports on the Baltic Sea with the rest of the world and is the most-used artificial waterway in the world. Despite this fact, it generates a balance sheet loss. Revenues, which are mainly generated by the transit charge, do not cover its operating expenses. This...

The Committee points out that despite it promising opportunities, the on-going crisis means that ship owners and Ship Maintenance, Repair and Conversion (SMRC) shipyards are facing financing bottlenecks making business conditions difficult for companies and ever greater competition from third...