CanariasZEC has participated in Aracon 2020 with a series of virtual meetings with bunkering companies that meet in a forum focused on the globally important marine fuel market, such as the one formed by Amsterdam-Rotterdam- Antwerp (ARA).
In this framework, the ZEC has advised on the aspects of tax incentives for the maritime transport industry, port services and bunkering to companies from one of the most dynamic marine fuel markets in Europe centered on the triangle Amsterdam-Rotterdam-Antwerp (ARA). It should be noted that among the key sectors for the diversification of the Canary Islands are distribution, logistics and transport, in addition to the entire set of related activities with services related to port infrastructures. The set of ports Amsterdam-Rotterdam-Antwerp (ARA) constitutes the most important hub for maritime activity in Northern Europe and a key component of the oil supply chain, accounting for more than 25% of total inflows of raw.
This event is a point of reference for the most prominent agents where they share their experiences and knowledge about this industry to discuss the present and future challenges facing the sector and its business opportunities. Aracon discusses how the ARA market and the overall fuel and shipping industry can regroup and recover from the economic shocks caused by COVID-19. The conference will also consider how the industry should respond and build on their experiences from the IMO 2020 transition.
According to the organization Aracon’s primary focus is of course on the dynamic fuel markets of Amsterdam, Rotterdam and Antwerp, and the conference will provide a platform for on key ARA issues such as fuel quality and fuel economy. fuel supply chain. management and transparency, and bunker licenses. The main topics to be discussed: industry consolidation, fuel quality, bunker license and the challenge of decarbonization.