Commenting on news that the European Commission had formally adopted the new General Block Exemption Regulations (GBER) on state aids, the British Ports Association Chief Executive Richard Ballantyne warned against the distortion of competitive port markets with major public subsidies.

UK politicians and the general public have demonstrated overwhelmingly that they recognise shipping as the biggest mover of the nation’s imports and exports, according to a new study commissioned by the UK Chamber of Shipping.