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Category: Europe

  • MIL-OSI United Kingdom: Great British Energy Lands Deal to Deliver Offshore Wind Jobs

    Source: United Kingdom – Government Statements

    Press release

    Great British Energy Lands Deal to Deliver Offshore Wind Jobs

    Britain’s workers in industrial heartlands such as Teesside, Scotland, South Wales and East Anglia to benefit from a deal for the country’s industrial renewal.

    • Britain’s workers and industries supported as Energy Secretary and Great British Energy announce a major public-private deal to drive investment into offshore wind jobs.
    • Great British Energy’s initial investment of £300 million to catalyse a further £700 million from industry and The Crown Estate, taking the total pot to £1 billion as part of the Industrial Strategy.
    • Comes as Clean Industry Bonus allocations are confirmed, as government turbocharges delivery of clean energy jobs and growth through the Plan for Change.

    Britain’s workers in industrial heartlands such as Teesside, Scotland, South Wales and East Anglia are set to benefit from a major deal crowding in investment for the country’s industrial renewal.

    The government and Great British Energy, the UK’s publicly owned clean power company, have today (17 June) joined forces with industry and The Crown Estate to invest £1 billion in offshore wind supply chains. This will secure Britain’s renewal through manufacturing facilities and skilled well-paid jobs, delivering on government’s mission to make the UK a clean energy superpower.

    Investment comes after the Spending Review confirmed the biggest programme of investment in homegrown energy in history and forms part of the government’s Industrial Strategy – which will include clean energy industries – sending a clear signal to the world to ‘Build it in Britain’.

    This investment will power the next generation of offshore wind in Britain, supporting British innovation from blueprint to blade. By backing the manufacturing of turbines, floating platforms, HVDC cables, and cutting-edge technologies, alongside upgrading vital port infrastructure from Leith and Teesside to Great Yarmouth and Port Talbot. This investment will unlock thousands of jobs, kickstarting growth in coastal communities and industrial towns, and secure a cleaner, more independent energy future for Britain.

    The funding is made up of:

    • £300 million announced by Great British Energy in April, which provides upfront public investment to crowd in funding from the private sector into Britain’s industrial regions.
    • £400 million from The Crown Estate, intended to support new infrastructure, including ports, supply chain manufacturing and research and testing facilities.
    • £300 million being developed by the offshore wind industry to match fund government through the Industrial Growth Plan, to deliver new investments into supply chains such as advanced turbines technologies and foundations and substructures.

    This takes the pot to £1 billion, building the industries of the future in Britain, such as floating offshore wind, and securing the UK as an attractive investment destination for international investors and existing UK companies. 

    Funding will support thousands of additional jobs – from the electricians manufacturing the turbines and blades to the engineers responsible for the construction and maintenance of wind farms. The government is giving long-term industrial certainty to hardworking British people as part of the Plan for Change.

    Energy Secretary Ed Miliband said:

    This is an unprecedented collaboration between public and private investors with Great British Energy crowding in millions of private sector investment from industry and The Crown Estate, to ensure that British companies and workers win the global race for clean energy.

    We are witnessing the coming of age of Britain’s green industrial revolution as we build this new era of clean energy abundance, helping deliver new jobs, energy security and lower household’s bills through our Plan for Change.

    Great British Energy Chief Executive Dan McGrail said:

    Today’s announcement highlights the unique role Great British Energy can play in the market. By providing state-backed, catalytic investment, we can deliver on our remit to crowd-in investment, giving much needed certainty to developers and investors in the clean energy sector. GBE will continue to support domestic supply chains, driving sustainable economic growth for all corners of the UK.

    RenewableUK’s Deputy Chief Executive Jane Cooper said:

    A concerted focus from industry and Government on growing the offshore wind industry’s supply chain in the UK could deliver an extra 10,000 jobs between now and 2035, boosting the UK’s economy by £25 billion. Our sector is stepping up, working closely with the Energy Secretary and the Crown Estate to create new opportunities for manufacturing high-value goods like turbine towers, blades, foundations and cables, and providing high quality jobs building, operating and maintaining offshore wind farms.

    Our ambition is to transform quaysides around our coastline into clusters of global excellence in offshore wind, bringing new jobs and investment to communities which often badly need economic renewal.

    Richard Sandford, Chair of the Offshore Wind Industry Council, said;

    Growing our supply will avoid the kind of bottlenecks that push up costs and cause delays, so it is good for developers, consumers and our Clean Power Mission. We are working to match the Government’s funding to support a homegrown supply chain, and drive long-term sector growth. It’s vital that industry and Government keep working together to remove barriers so that we can get more capacity through clean power auctions and more funding to the supply chain.

    Gus Jaspert CMG, Managing Director, Marine at The Crown Estate, said:

    The power of offshore wind is not just in secure, green energy, but also in the opportunity to create jobs, investment and support economic growth across the country.  As our ambition on renewable energy grows, so too does our ambition to grow the UK’s supply chain and infrastructure.  Scaling up investment in our domestic supply chain will propel the UK towards its clean energy goals and take our world-leading sector to the next level, supporting thousands more jobs and creating an increasingly attractive environment for investors.

    The funding comes as Great British Energy have announced that leading public finance and investment institutions have come together to accelerate the deployment of funding, supporting domestic supply chain development for offshore wind projects.

    Great British Energy will bring together the National Wealth Fund, The Scottish National Investment Bank, The Crown Estate, Crown Estate Scotland and The Development Bank of Wales, agreeing to develop a unified public finance ‘ecosystem’ to build Britain’s offshore wind supply chains.

    The government will also allocate up to £544 million from its Clean Industry Bonus, which provides funding to offshore wind developers for prioritising their investment into some of Britain’s most deprived communities, and in cleaner supply chains. 

    Funding will go to developers investing in regions such as Scotland, the North East and the East Anglia. Subject to the outcome of this year’s renewables auction, industry estimates this could support up to 14,000 jobs, and drive up to £9 billion of private funding into these communities over the next four years.  For every £1 spent on the bonus, it is estimated to crowd in £17 of private investment.

    This means unlocking private sector investment into manufacturers of electrical equipment, heavy steel products, upgraded port facilities and the high-tech components needed to build floating and fixed offshore wind farms.

    This will support good jobs for British people in these regions – delivering the government’s mission to become a Clean Energy Superpower and Plan for Change.

    Notes to editors: 

    Offshore wind supply chains:

    • The funding comes as Great British Energy today have announced that leading public finance and investment institutions have come together to accelerate the deployment of funding, supporting domestic supply chain development for offshore wind projects.
    • Great British Energy, The National Wealth Fund, The Scottish National Investment Bank, The Crown Estate, Crown Estate Scotland and The Development Bank of Wales have each agreed to develop a unified, integrated public finance ecosystem to support the growth of the UK’s offshore wind sector.
    • Developers are set to contribute to the pot once they have secured a Contracts for Difference in the next auction round (AR7).

    Clean Industry Bonus:

    • Industry applied for Clean Industry Bonus in their numbers, with hundreds of bids, in a major vote of confidence for the Prime Minister’s mission to become a Clean Energy Superpower.   
    • Up to £200 million has been allocated to invest in clean energy facilities in the North East, unlocking up to an additional £4 billion private sector investment into manufacturers such as electrical equipment and heavy steel products.     
    • Up to £185 million has been allocated to Scotland, unlocking up to £3.5 billion private sector investment in ports and high-tech components needed to build floating and fixed offshore wind farms.    
    • The East of England has been allocated up to £20 million and Northern Ireland has up to £25 million to develop clean energy manufacturing capacity. 

    Offshore wind developers will now go on to bid for contracts to deliver their projects, as part of the next Contracts for Difference renewables round. This means there will be some attrition in winning CIB bids. Those project that win CfD contracts can then finalise the above investments into factories, with any unsuccessful projects in the main auction able to bid again next year.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Combining Sustainable Growth with Performance: Boralex Announces Its Strategic Plan and Financial Objectives for 2030

    Source: GlobeNewswire (MIL-OSI)

    MONTRÉAL, June 17, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces its Strategic Plan and Financial Objectives for 2030.

    2030 Strategy Highlights

    • Acceleration of organic growth, leveraging our high-quality pipeline of projects and growth path
    • Maintain disciplined financial management with precise expected returns indicators, a solid balance sheet, flexible and agile financing and the introduction of a cash flows per share growth objective.  
    • Three simplified pillars: growth, efficiency and long-term differentiation.
    • Two markets in strong leadership position: Canada, with strong growth potential in Quebec and Ontario, and France, with significant potential to optimize revenues and cash flows from operating assets.
    • Two expanding markets: certain U.S. states, including solar in New York State, and the United Kingdom through the development of a long-term growth platform.
    • Increase in the weighted average remaining contract duration1 from 11 years in 2024 to 14 years by 2030.
    • Keeping up the pace of growth: double the Company’s installed capacity2 every five years within a diverse, inclusive, and responsible work environment aimed at a net-zero trajectory by 2050.

    “We are very proud to present the results of our 2030 strategic planning exercise. In a context where climate risk remains one of the main business risks globally, our strategy aims to combine sustainable growth with performance through the production of renewable and affordable energy,” said Patrick Decostre, President and Chief Executive Officer of Boralex. “By executing this plan, we are unlocking the full potential of our business model, which will allow us to seize the most promising opportunities in the four markets where we are already active and where demand for renewable energy is growing rapidly,” he added.

    “This growth, supported by a development projects pipeline and growth path of 8 GW, will be carried out in a disciplined manner and will continue to focus on securing long-term power purchase agreements with an increasingly diversified customer base. Moreover, the increase in the weighted average remaining duration of our contracts from 11 to 14 years will enable us to implement highly competitive financing structures and reinvest these long-term secured funds into an increasing number of profitable projects in the coming years,” Mr. Decostre continued.

    Boralex’s 2030 Strategy is rooted in a long-term value creation perspective, as it will enable targeted investments in projects that will materialize not only over the next five years, but also in following years, replicating the approach adopted in the 2021-2025 Strategic Plan. The 2030 Strategy builds on the significant efforts made over the past five years to create a high-quality development portfolio, enabling us to set fully organic growth targets over which we have greater control. As a result, this approach carries a lower level of risk compared to the previous plan, which relied on an important expected portion coming from mergers and acquisitions.

    Financial Objectives and Main Business Indicators 2025–20303

    100% Organic financial objectives

    • Compound annual growth rate (CAGR)4 of operating income between 12% to 14%, consolidated EBITDA(A)4 between 7% to 9% and combined EBITDA(A)4 between 8% to 10%.
    • CAGR of cash flows related to operating activities per share4 and of discretionary cash flows per share4 between 8% to 10%.

    Main business indicators

    • Total planned investments4 of $6.8 billion plus $1.2 billion for projects scheduled to be commissioned after 2030.
    • Minimum levered internal rate of return (IRR)4 on investments threshold between 10% and 12% adjusted for specific risks by region and technology as well as changes in cost of capital.
    • Payout ratio4 of 20% to 40% of discretionary cash flows.

    “Boralex will continue to grow by applying the same financial discipline that has driven its success in recent years. We will become even more agile by further diversifying our sources of financing. This will include a proactive approach to capital recycling for our most mature assets or those with high value-creation potential, as well as evaluating partnerships for larger-scale projects,” said Bruno Guilmette, Senior Vice President and Chief Financial Officer of Boralex.

    “Our 100% organic financial objectives reflect the high potential of our development pipeline and growth path, which has nearly tripled over the past five years. We are also introducing a new target in this plan: the growth of discretionary cash flows per share—a metric aligned with investor expectations and with the variable compensation of our employees. We are therefore highly confident that these objectives, combined with our discipline, will enable Boralex to maximize value creation for its shareholders and all stakeholders,” Mr. Guilmette added.

    Investor Day 2025

    Boralex presented its 2030 Strategy and objectives to a group of investors, financial analysts, and bankers gathered in Toronto. The presentation was also broadcast live for business partners who were unable to attend in person. On this occasion, the executive team and regional leaders outlined the key elements and financial targets of the 2030 Strategy, the various growth opportunities and outlooks by region and technology, as well as the company’s approach to risk management and sustainability. A replay of the event and all presentation materials are available on Boralex’s website in the Investors section.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. 

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook and LinkedIn.

    Non-IFRS and other financial measures

    Performance measures

    In order to assess the performance of its assets and reporting segments, Boralex uses various performance measures. Management believes that these measures are widely accepted financial indicators used by investors to assess the operational performance of a company and its ability to generate cash through operations. The non-IFRS and other financial measures also provide investors with insight into the Corporation’s decision making as the Corporation uses these non-IFRS financial measures to make financial, strategic and operating decisions. It is important to note that the non-IFRS financial measures should not be considered as substitutes for IFRS measures. They are primarily derived from the audited consolidated financial statements, but do not have a standardized meaning under IFRS; accordingly, they may not be comparable to similarly named measures used by other companies. In addition, these non-IFRS financial measures are not audited and have important limitations as analytical tools. Investors are therefore cautioned not to consider them in isolation or place undue reliance on ratios or percentages calculated using these non-IFRS financial measures.

    Non-GAAP financial measures
    Specific financial measure Use Composition Most directly comparable IFRS measure
    Financial data – Combined (all disclosed financial data) To assess the performance and the ability of a company to generate cash from its operations and investments in joint ventures and associates. Results from the combination of the financial information of Boralex Inc. under IFRS and the share of the financial information of the Interests.

    Interests in joint ventures and associates, Share in earnings (losses) of joint ventures and associates and Distributions received from joint ventures and associates are then replaced with Boralex’s respective share in the financial statements of the Interests (revenues, expenses, assets, liabilities, etc.).

    		 Respective financial data –Consolidated
    Discretionary cash flows To assess the cash generated from operations and the amount available for future development or to be paid as dividends to common shareholders while preserving the long-term value of the business. Net cash flows related to operating activities before “change in non-cash items related to operating activities,” less:

    (i) distributions paid to non-controlling shareholders;
    (ii) additions to property, plant and equipment (maintenance of operations);
    (iii) repayments on non-current debt (projects) and repayments to tax equity investors;
    (iv) principal payments related to lease liabilities;
    (v) adjustments for non-operational items; plus
    (vi) development costs (from the statement of earnings).

    		 Net cash flows related to operating activities
    Non-GAAP financial measures – Non-GAAP ratios
    Specific financial measure Use Composition
    Discretionary cash flows per share To assess the amount per share available for future development or to be paid as dividends to common shareholders while preserving the long-term value of the business as well as to assess operating results.

    Financial objective 2030

    		 The discretionary cash flows amount divided by the weighted average number of basic outstanding shares.
    Payout ratio To assess ability to sustain current dividends as well as ability to fund its future development.

    Main business indicator 2030

    		 The amount of dividends paid to shareholders divided by the discretionary cash flows amount.
    Other financial measures – Total of segment measures
    Specific financial measure Most directly comparable IFRS measure
    EBITDA(A) Operating income
    Other financial measures – Total of segment measures
    Specific financial measure Most directly comparable IFRS measure
    Compound annual growth rate (CAGR) The CAGR is a growth rate indicating the annual variation as if the growth had been constant throughout the period for a period of more than one fiscal year.
    Net Cash flows related to operating activities per share

    Financial objective 2030    		 The amount of cash flows from operating activities is divided by the weighted average number of basic outstanding shares.
    Total planned investments

    Main business indicator 2030

    		 Total planned investments represent the sums that will need to be invested to complete the projects up to commissioning.
    Internal rate of return (IRR)

    Main business indicator 2030

    		 The IRR is a profitability indicator that measures the average annual return of an investment, taking into account levered cash flows.


    Assumptions regarding forward-looking information

    Assumptions and risk factors regarding the forward-looking information in our 2030 strategic targets are presented below.

    Assumptions regarding forward-looking information
    Forward-looking information Key assumptions Most relevant risk factors
    2030 Installed capacity Results solely from the contribution of organic projects, excluding the impact of potential merger and acquisition transactions. Lag in commissioning time if obtaining the required permits is more complicated and takes longer than expected and if the Corporation encounters issues related to the availability of materials.
    Weighted average residual duration of contracts 2030 Growth of installed capacity according to the strategic plan and obtaining targeted contracts for new projects that will be commissioned. Delay in the commissioning of organic projects and contractual conditions different from those initially planned.
    Projects under construction Investments, EBITDA(A) and forecasted discretionary cash flows to meet the target IRR of 10% to 12% set by management for projects under construction. Possible variation in construction costs related to the complexity of work, the supply of materials and equipment and availability of labour necessary for the construction of projects.
    2030 Operating Result and EBITDA(A) 2030 Prices of energy sales or feed-in premium contracts, proportion of production sold at market prices, annual anticipated production, cost structures to support growth. Competition in requests for proposals, lag in commissioning time for organic projects and completion of merger and acquisition transactions, price curve volatility and weather conditions impacting the total volume of power generated by the Corporation.
    Cash flow per share 2030 Largely related to the expected EBITDA(A), and to project financing ranging from 70% to 80% of the total planned investment and the number of shares outstanding. Possible fluctuations related to deviations in the expected EBITDA(A) target and market conditions for financing and issuing new equity instruments


    Disclaimer regarding forward-looking statements

    Certain statements contained in this release, including those related to results and performance for future periods, installed capacity targets, EBITDA(A) and discretionary cash flows, the Corporation’s strategic plan, business model and growth strategy, organic growth and growth through mergers and acquisitions, obtaining an investment grade credit rating, payment of a quarterly dividend, the Corporation’s financial targets, the projects commissioning dates, the portfolio of renewable energy projects, the Corporation’s Growth Path, the bids for new storage and solar projects and its Corporate Social Responsibility (CSR) objectives are forward-looking statements based on current forecasts, as defined by securities legislation. Positive or negative verbs such as “will,” “would,” “forecast,” “anticipate,” “expect,” “plan,” “project,” “continue,” “intend,” “assess,” “estimate” or “believe,” or expressions such as “toward,” “about,” “approximately,” “to be of the opinion,” “potential” or similar words or the negative thereof or other comparable terminology, are used to identify such statements.

    Forward-looking statements are based on major assumptions, including those about the Corporation’s return on its projects, as projected by management with respect to wind and other factors, opportunities that may be available in the various sectors targeted for growth or diversification, assumptions made about EBITDA(A) margins, assumptions made about the sector realities and general economic conditions, competition, exchange rates as well as the availability of funding and partners. While the Corporation considers these factors and assumptions to be reasonable, based on the information currently available to the Corporation, they may prove to be inaccurate.

    Boralex wishes to clarify that, by their very nature, forward-looking statements involve risks and uncertainties, and that its results, or the measures it adopts, could be significantly different from those indicated or underlying those statements, or could affect the degree to which a given forward-looking statement is achieved. The main factors that may result in any significant discrepancy between the Corporation’s actual results and the forward-looking financial information or expectations expressed in forward-looking statements include the general impact of economic conditions, fluctuations in various currencies, fluctuations in energy prices, the risk of not renewing PPAs or being unable to sign new corporate PPA, the risk of not being able to capture the US or Canadian investment tax credit, counterparty risk, the Corporation’s financing capacity, cybersecurity risks, competition, changes in general market conditions, industry regulations and amendments thereto, particularly the legislation, regulations and emergency measures that could be implemented for time to time to address high energy prices in Europe, litigation and other regulatory issues related to projects in operation or under development, as well as certain other factors considered in the sections dealing with risk factors and uncertainties appearing in Boralex’s MD&A for the fiscal year ended December 31, 2024.

    Unless otherwise specified by the Corporation, forward-looking statements do not take into account the effect that transactions, non-recurring items or other exceptional items announced or occurring after such statements have been made may have on the Corporation’s activities. There is no guarantee that the results, performance or accomplishments, as expressed or implied in the forward-looking statements, will materialize. Readers are therefore urged not to rely unduly on these forward-looking statements.

    Unless required by applicable securities legislation, Boralex’s management assumes no obligation to update or revise forward- looking statements in light of new information, future events or other changes.

    For more information

    Source: Boralex inc.        

    1 The weighted average remaining duration also includes non-activated contracts for newly commissioned sites.
    2 Installed capacity reflects 100% of Boralex’s subsidiaries in which Boralex is the controlling shareholder. It also reflects Boralex’s share in entities over which it does not have control, and which are accounted for using the equity method.
    3 For more information on the key assumptions and risk factors related to the targets of the 2030 strategic plan, refer to the section Non-IFRS financial measures and other financial measures of this press release.
    4 The compound annual growth rate, cash flows from operating activities per share, total planned investments, and internal rate of return are additional financial measures. The Combined is a non-GAAP financial measure and does not have a standardized definition under IFRS. Therefore, this measure may not be comparable to similar measures used by other companies. Discretionary cash flows per share and the payout ratio are non-GAAP ratios and do not have a standardized definition under IFRS. EBITDA(A) is a total of sector measures. In 2024, net cash flows from operating activities amounted to $411 million, after adjusting to exclude the change in accounts payable related to the inframarginal rent contribution, representing an amount of $196 million. This adjustment primarily reflects a payment made during the third quarter of the fiscal year. The inframarginal rent contribution is no longer applicable in 2025. For more details, refer to the section Non-GAAP Financial Measures and Other Financial Measures in this press release.

    The MIL Network –

  • MIL-OSI: Intermex and the New York Red Bulls Join Forces to Bring Financial Services to Northeastern Communities Through the Shared Passion for Soccer

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 17, 2025 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), a leading money remittance provider to Latin America and the Caribbean, today announced a new official partnership with the New York Red Bulls, one of Major League Soccer’s most dynamic and community-focused clubs. This collaboration brings together two organizations committed to serving and celebrating the diverse cultural richness of the Latino community, using soccer as a powerful platform for connection.

    With over 85 million soccer fans across the United States and Latinos representing nearly 70% of MLS viewership, this partnership with the New York Red Bulls strengthens Intermex’s commitment to remain close to its customers in the northeast region — not only through financial services, but by supporting the sport that represents identity, family, and tradition for millions of Latino households.

    “Intermex was built by Latinos for Latinos. Partnering with the New York Red Bulls allows us to engage directly with the vibrant northeast latin communities we proudly serve, in one of the most culturally diverse regions in the world,” said Marcelo Theodoro, Chief Product, Marketing & Digital Officer at Intermex. “NY Red Bulls represents the cutting edge of the sport, This partnership demonstrates Intermex’s ambition to expand, grow, and redefine what it means to move money and provide financial services with meaning in the digital age.”

    “The Red Bulls and Sports Illustrated Stadium are proud to welcome Intermex to our club and venue,” said Scott Epstein, Head of Corporate Partnerships, New York Red Bulls. “As valued partners, we both pride ourselves on the exceptional customer and fan experience we strive to deliver.”

    Through this partnership, Intermex and the New York Red Bulls will collaborate on in-stadium activations, community outreach events, and cultural initiatives that spotlight the passion, pride, and identity that soccer brings to Latino families across the Tri-State area.

    About Intermex
    Founded in 1994, Intermex applies proprietary technology to enable consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom, and Germany to more than 60 countries. The company facilitates digital money movement through its website and mobile app, as well as through a vast network of retail agents and company-operated stores. Headquartered in Miami, Florida, Intermex also operates international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain. Learn more at www.intermexonline.com.

    About New York Red Bulls
    The New York Red Bulls are one of 29 teams in Major League Soccer (MLS). The club is owned by the global energy drink and media company Red Bull GmbH and plays its home matches at Red Bull Arena in Harrison, New Jersey. Since joining MLS as a founding member in 1996, the Red Bulls have won three Supporters’ Shields, earned multiple playoff appearances, and continue to serve as a leader in youth development through its Academy system. The club is deeply committed to connecting with the diverse communities of the New York and New Jersey metro area through soccer, community programs, and fan engagement. For more information, visit www.newyorkredbulls.com.

    Investor Relations Contact:
    Alex Sadowski
    Investor Relations Coordinator
    ir@intermexusa.com
    305-671-8000

    The MIL Network –

  • MIL-OSI Security: Man arrested in connection to attempted rape

    Source: United Kingdom London Metropolitan Police

    A 67-year-old man has been arrested on suspicion of attempted rape after members of public came forward following a media appeal.

    The man is accused of an alleged attempted rape at a cinema in Finchley Road, NW3 on Wednesday, 11 June.

    He was arrested in Primrose Hill at around 17:30hrs on Monday, 16 June and remains in police custody.

    The victim-survivor continues to be supported by specialist officers.

    Detective Chief Inspector Paul Ridley, leading the Met’s investigation, said: “Our thanks go to the public who worked quickly to share the appeal, leading to the arrest.

    “I know this incident will have caused concern for the local community, so I’d like to reassure Londoners that this investigation is progressing at pace.

    “Our commitment remains that women and girls in London should feel safe going about their daily lives. Local neighbourhood officers continue to patrol in the surrounding area, so if anyone has any concerns, please do talk to them as they are here to help.”

    MIL Security OSI –

  • MIL-OSI China: Chinese vice premier to attend 28th St. Petersburg International Economic Forum

    Source: People’s Republic of China – State Council News

    Chinese vice premier to attend 28th St. Petersburg International Economic Forum

    BEIJING, June 17 — Chinese Vice Premier Ding Xuexiang will attend the 28th St. Petersburg International Economic Forum in Russia from June 19 to 21, a Chinese foreign ministry spokesperson announced on Tuesday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, was invited by the government of the Russian Federation, spokesperson Guo Jiakun said at a daily news briefing.

    The St. Petersburg International Economic Forum is an important platform for discussing global economic governance and fostering international consensus on cooperation, Guo said.

    This year’s forum, themed “Shared Values: The Foundation of Growth in a Multipolar World,” will explore effective approaches to addressing global challenges, Guo noted, adding that Ding will attend forum activities and meet with relevant Russian leaders.

    China looks forward to strengthening communication and exchanges with all parties, consolidating consensus on cooperation, promoting the common values of humanity, and advancing an equal and orderly world multipolarization and a universally beneficial and inclusive economic globalization, so as to inject strong impetus into improving global governance and promoting world development and prosperity, Guo said.

    China is also willing to work with Russia to effectively implement the important consensus reached by the two heads of state, deepen comprehensive practical cooperation, and continuously advance the China-Russia comprehensive strategic partnership of coordination for the new era, Guo added.

    MIL OSI China News –

  • Indian, French Armies to conduct joint military drill in Southern France

    Source: Government of India

    Source: Government of India (2)

    contingent of the Indian Army departed on Monday to participate in the eighth edition of the Indo-French joint military exercise, Shakti, set to be held from June 18 to July 1, at Camp Larzac, La Cavalerie, in southern France.

    The Indian team comprises 90 personnel, with the Jammu and Kashmir Rifles leading the representation, supported by troops from various arms and services. The French Army contingent, also numbering 90 personnel, will include soldiers from the 13th Foreign Legion Half-Brigade (13th DBLE), a renowned unit of the French Foreign Legion.

    Exercise Shakti, a biennial engagement between the Indian and French armies, is designed to deepen interoperability and operational cooperation, with this edition focusing on joint operations in a sub-conventional environment in accordance with Chapter VII of the United Nations Charter. Training will take place in semi-urban terrain, reflecting the complexities of modern conflict scenarios.

    The joint exercise is expected to enhance coordination between the two armies through shared tactical drills and exchanges on Tactics, Techniques and Procedures (TTPs). Troops will also train on contemporary military technologies and equipment while undertaking physically demanding activities aimed at building endurance and cohesion.

    Beyond operational objectives, the exercise is expected to strengthen military-to-military ties, promote mutual understanding, and foster camaraderie between the personnel of the two nations.

    Exercise Shakti-VIII is emblematic of the growing strategic partnership between India and France. Defence cooperation remains a key pillar of bilateral relations, with both countries regularly engaging in military exchanges, joint exercises, and high-level visits.

  • MIL-OSI Russia: Action plan of SCO member states in the field of digital transformation adopted at a meeting in China’s Xinjiang

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    URUMQI, June 17 (Xinhua) — The action plan of the Shanghai Cooperation Organization (SCO) member states in the field of digital transformation was reviewed and adopted at the 4th meeting of heads of ministries and departments of the SCO member states responsible for the development of information and communication technologies (ICT), which was held in Karamay city of northwest China’s Xinjiang Uygur Autonomous Region on Tuesday.

    The plan aims to deepen exchanges and cooperation among SCO member states in the fields of developing digital transformation policies, building digital infrastructure, digital government, cloud computing, digitalization of small and medium enterprises, developing and applying digital technologies, exchanging digital technology experts, etc., with the aim of bridging the digital divide between member countries and enhancing regional digital competitiveness.

    Deputy Minister of Industry and Information Technology of the People’s Republic of China Xiong Jijun called promoting sustainable development and accelerating modernization common goals of the SCO member countries.

    According to him, China is ready to work with all parties to improve the quality and level of cooperation among the member states of the organization by improving institutional mechanisms, strengthening political dialogue, deepening practical cooperation in the field of digital technologies and ICT, promoting the transformation and modernization of industries, building a more just, accessible and inclusive digital world, thereby contributing to the formation of a community of shared destiny of the SCO.

    In their speeches, the participants of the meeting unanimously noted that digital transformation is an important engine for global economic development and comprehensive social progress, and declared their readiness, adhering to the “Shanghai Spirit”, to promote continuous achievement of new achievements in cooperation in the field of digital technologies and ICT.

    The parties agreed that the next meeting will be held in Kyrgyzstan in 2026. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China welcomes joint statement by 21 Arab and Islamic countries on Israel-Iran conflict

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 17 (Xinhua) — China welcomes the joint statement by 21 Arab and Islamic countries on the Israel-Iran conflict and is willing to work with relevant parties to help ease the situation, Foreign Ministry spokesperson Guo Jiakun said on Tuesday.

    A joint statement issued by the foreign ministers of 21 countries called for respect for the national sovereignty and territorial integrity of other countries, upholding the principle of good-neighbourliness and friendship, and resolving disputes peacefully.

    In response to a reporter’s question at a regular departmental press conference, Guo Jiakun said that Israel’s attack on Iran provoked a sudden escalation of the situation in the region, which attracted increased attention from the international community.

    According to him, the main priority is to end the fire and the war, take effective measures to prevent the conflict from escalating, prevent the region from plunging into even greater unrest, and return to the path of political resolution of problems through dialogue and negotiations.

    China welcomes the joint statement and highly appreciates the efforts made by relevant countries to ease tensions, Guo Jiakun said, adding that China is willing to maintain communication with all parties concerned and play a constructive role in helping to ease the situation. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Russians’ interest in the Chinese city of Shanghai is steadily growing

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 17 (Xinhua) — Russians’ interest in the Chinese city of Shanghai is steadily growing, according to data from the city’s immigration service.

    In the period from the beginning of January to June 12, 2025, Russia took 6th place in the tourist flow to Shanghai in terms of the number of tourists, writes the newspaper Xinmin Wanbao.

    According to this indicator, the top 10 countries include the Republic of Korea, Japan, the USA, Thailand, Malaysia, Russia, Singapore, Germany, Vietnam and Australia.

    According to official data, Shanghai received a total of over 2.3 million foreign tourists during the period, an increase of 45.6 percent year-on-year.

    Shanghai’s tourism boom is believed to be due to the ongoing optimization of its visa-free policy. China has introduced a visa-free regime for citizens of 47 countries and extended the permitted stay under visa-free transit to 240 hours for citizens of 55 countries.

    Statistics show that during the reporting period, about 1.27 million foreigners made visa-free tourist trips to Shanghai. Their share exceeded 50 percent.

    To make it more convenient for foreigners to travel to the city, the local immigration service hotline 12367 has introduced service functions in Russian and other languages. In addition, police officers who speak foreign languages, including Russian, English, Japanese, Korean and Arabic, are on duty at passport control points. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft Improves Anti-Corrosion Technologies

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Specialists from the Rosneft Scientific Institute in Izhevsk have developed and tested an innovative method for assessing the corrosion rate of oil well equipment. The economic effect of using the innovation will average 1.4 million rubles per well over 5 years.

    The essence of the new approach is to measure the corrosion rate using steel plates directly in the thermobaric conditions of wells. The process is carried out using special immersion probes, also developed by the institute’s specialists. Previously existing practices involve measuring the corrosion rate inside the cavity of ground infrastructure pipelines.

    The developed method allows for precise determination of the minimum effective dosages of corrosion inhibitors, ensuring the target level of well protection*, increasing the period of trouble-free operation, and avoiding costly operations of lifting and dismantling well equipment.

    The positive result of this work will reduce the overall costs of protecting the underground equipment of Udmurtneft named after V.I. Kudinov (the Company’s production asset). Work is currently underway to replicate the technology at other Rosneft facilities.

    * according to the Interstate Standard “Corrosion of Metals and Alloys” ISO 9224-2022, the rate of general corrosion of equipment should not exceed 0.1 mm/year.

    Department of Information and Advertising of PJSC NK Rosneft June 17, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: ‘Hotdesk St Malo’ available for Channel Islands organisations to build links with Brittany stakeholders17 June 2025 Channel Islands businesses and industry groups looking to build links in Brittany are being reminded that they have free access to two meeting rooms in St Malo. The Bureau des Iles Anglo-Normandes, which… Read more

    Source: Channel Islands – Jersey

    17 June 2025

    Channel Islands businesses and industry groups looking to build links in Brittany are being reminded that they have free access to two meeting rooms in St Malo. 

    The Bureau des Iles Anglo-Normandes, which represents the governments of Guernsey and Jersey in France, has secured two meeting spaces for any organisation in Jersey, Guernsey, Alderney and Sark, looking to develop economic, cultural or educational links with French stakeholders. 

    Stéphane Perrin-Sarzier, Vice-President of the Brittany region, in charge of international development, said: “We are delighted to offer government officials and businesses from Jersey and Guernsey the opportunity to use the Brittany Region’s premises at the port of Saint-Malo to develop ties with Brittany. This provision fully embodies our commitment to strengthening economic, cultural, and institutional cooperation between our territories.”

    The ‘Hotdesk St Malo’​ offers a choice of two meeting rooms in the centre of St Malo, which can accommodate up to 12 or 30 people.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Iran-Israel conflict: Foreign Secretary’s statement

    Source: United Kingdom – Executive Government & Departments 3

    Oral statement to Parliament

    Iran-Israel conflict: Foreign Secretary’s statement

    The Foreign Secretary made a statement to the House of Commons on 16 June 2025, updating on the Israel-Iran conflict.

    With permission, Mr Speaker, I will remind the House that the Foreign Office has been responding to 2 crises this past week.

    My Honourable Friend, Minister Falconer, will update on the Government’s extensive efforts to assist those who lost loved ones in Thursday’s devastating Air India plane crash.

    Just 9 days ago, I was in Delhi, strengthening our friendship. Our nations are mourning together. My thoughts are with all those suffering such terrible loss.

    With permission, Madam Deputy Speaker, I will now turn to the Middle East. Early last Friday morning, Israel launched extensive strikes across Iran. Targets including military sites, including the Iranian enrichment facility at Natanz, and key commanders and nuclear scientists.

    The last 72 hours has seen Iranian ballistic missile and drone strikes across Israel, killing at least 21 Israelis and injuring hundreds more. And Israeli strikes have continued, including on targets in Tehran, with the Iranian authorities reporting scores of civilian casualties. 

    Prime Minister Netanyahu has said his operations will “continue for as many days as it takes to remove the threat”. Supreme Leader Khameini has said Israel “must expect severe punishment”.

    Madam Deputy Speaker, in such crisis our first priority is of course the welfare of British nationals. On Friday, we swiftly stood up a crisis team in London and the region, and yesterday I announced that we now advise against all travel to Israel as well as our long-standing travel of not travelling to Iran.

    Madam Deputy Speaker, today I can update the House that we are asking all British nationals in Israel to register their presence with the FCDO, so that we can share important information on the situation and leaving the country.

    And I can announce today that we are further updating our Travel Advice to signpost border crossing points, and sending Rapid Deployment Teams to Egypt and Jordan to bolster our consular presence near the border with Israel, which has already been supporting British nationals on the ground.

    Israel and Iran have closed their airspace until further notice, and our ability therefore to provide support in Iran is extremely limited. British nationals in the region should closely monitor our Travel Advice for further updates.

    Madam Deputy Speaker, the situation remains fast-moving. We expect more strikes in the days to come. This is a moment of grave danger for the region.

    I want to be clear, the United Kingdom was not involved in the strikes against Iran. This is a military action conducted by Israel.

    It should come as no surprise that Israel considers the Iranian nuclear programme an existential threat. Khameini said in 2018 that Israel was a “cancerous tumour” that should be “removed and eradicated”.

    We have always supported Israeli security – that’s why Britain has sought to prevent Iran obtaining a nuclear weapon through extensive diplomacy. We agree with President Trump when he says negotiations are necessary and must lead to a deal.

    That has long been the view, Mr Speaker, of the so-called ‘E3’ – Britain, France and Germany – with whom we have worked so closely on this issue. The view of all of the G7 who have backed the efforts of President Trump’s envoy, Steve Witkoff. And for more than 2 decades, the cross-party view in this House.

    Lord Cameron of Chipping Norton and Lord Hague of Richmond led diplomatic efforts on the issue. Baroness May of Maidenhead and the former Right Honourable Member for Uxbridge did too, and this Government has continued to pursue negotiations, joining France and Germany in 5 rounds of talks with Iran this year alone.

    Ours is a hard-headed realist assessment of how best to tackle this grave threat. Fundamentally, no military action can put and end to Iran’s nuclear capabilities.

    Madam Deputy Speaker, just last week, the International Atomic Energy Agency Board of Governors passed a non-compliance resolution against Iran, the first such IAEA finding in 14 years.

    The Director-General’s Comprehensive Report details Iran’s failure to declare nuclear materials. Iran remains the only state without nuclear weapons accumulating uranium at such dangerously high levels. Its total enriched stockpile is now 40 times the limit in the JCPoA, and their nuclear programme is part of a wider pattern of destabilising activity.

    The Government has taken firm action in response. When they transferred ballistic missiles for use in Russia’s illegal war in Ukraine, we imposed extensive sanctions including against Iran Air, and cancelled our bilateral air services agreement.

    In the face of unacceptable IRGC threats here in the UK – with some 20 foiled plots since 2022 – the CPS has for the first time charged Iranian nationals under the National Security Act, and we have placed the Iranian state, including the IRGC, on the enhanced tier of the new Foreign Influence Registration Scheme.

    Madam Deputy Speaker, a widening war would have grave and unpredictable consequences, including for our partners in Jordan and the Gulf. The horrors of Gaza worsening, tensions in Lebanon, Syria and Iraq rising, the Houthi threat continuing.

    That’s why the Government’s firm view, as it was last October in the ballistic missile attack on Israel, is that further escalation in the Middle East is not in Britain’s interests, nor the interests of Israel, Iran or the region.

    There are hundreds of thousands of British nationals living in the region. And with Iran a major oil producer, and one fifth of total world oil consumption flowing through the Straits of Hormuz, escalating conflict poses real risks for the global economy.

    As missiles rain down, Israel has a right to defend itself and its citizens. But our priority now is de-escalation.

    Our message to both Israel and Iran is clear. Step back. Show restraint. Don’t get pulled ever deeper into a catastrophic conflict, whose consequences nobody can control.

    Madam Deputy Speaker, the Prime Minister chaired COBR on the situation last Friday and spoke to PM Netanyahu, President Trump and Saudi Crown Prince Mohammed bin Salman. He is now at the G7 Summit in Canada, discussing with our closest allies how to ease tensions.

    And the Government has deployed additional assets to the region, including jets for contingency support to UK forces and potentially our regional allies concerned about the escalating conflict.

    In the last 72 hours, my Honourable Friend the Minister for the Middle East and I have been flat out trying to carve out space for diplomacy. I have spoken to both Israeli Foreign Minister Sa’ar and Iranian Foreign Minister Araghchi, underlining Britain’s focus on de-escalation.

    I have also met Saudi Foreign Minister Prince Faisal. I’ve had calls with US Secretary Rubio, EU High Representative Kallas and my counterparts from France and Germany, the United Arab Emirates, Qatar, Oman, Jordan, Turkey and Iraq. These conversations are part of a collective drive to prevent a spiralling conflict.

    Madam Deputy Speaker, this new crisis has arisen as the appalling situation in Gaza continues. This weekend, hospitals in Gaza reported over 50 people were killed and more than 500 injured while trying to access food.

    This Government will not take our eye off the humanitarian catastrophe in Gaza. We will not stop calling for aid restrictions to be lifted and an immediate ceasefire. We will not forget about the hostages.

    This morning, I met Yocheved Lifschitz and her family, whose courage and dignity in the face of Hamas’ barbarism was a reminder of the plight of those still cruelly held in Gaza. We will not stop striving to free the hostages and end that war.

    Madam Deputy Speaker, our vision remains unchanged. An end to Iran’s nuclear programme and destabilising regional activity. Israel, secure in its borders and at peace with its neighbours. A sovereign Palestinian state, as part of the two-state solution.

    Diplomacy is indispensable to each of these goals. Britain will keep pressing all sides to choose a diplomatic path out of this crisis.

    I commend this statement to the House.

    Updates to this page

    Published 16 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: “Telling the Story of the Arctic”: New Photo Exhibition at HSE

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The opening of the exhibition “Khatanga. Heritage” took place in the atrium of the HSE building on Pokrovsky Boulevard, organized with the support of the Russian Geographical Society (RGS). As part of the educational project, photo materials with interactive excursions are presented, as well as a series of videos and a podcast, drawing attention to the cultural and environmental aspects of the region.

    The project became a logical continuation of a large-scale environmental campaign “Arctic. General cleaning”, during which work was carried out over two years to clean the banks of the village of Khatanga in the Krasnoyarsk Territory from accumulated metal waste. Volunteers from different parts of Russia took part in the expeditions, they carried out research, media and environmental activities. In three shifts, volunteers managed to remove more than 700 tons of industrial waste, which significantly improved the ecological situation in the area and made it possible to create an extensive archive of photo and video materials.

    As Andrey Lavrov, Senior Director of the National Research University Higher School of Economics, noted, the Russian Geographical Society has been a partner of the Higher School of Economics since 2022. He recalled that Faculty of Geography and Geoinformation Technologies HSE actively cooperates with the Russian Geographical Society, and the university students work a lot on Arctic topics, including within the framework of the project “Rediscovering Russia”. “It was important for us to tell the story of the Arctic, a strategically important territory for Russia, through such an exhibition,” said Andrei Lavrov.

    Russia is a huge country, it is almost impossible to see everything in it, says Professor Fuad Aleskerov, head of Department of Mathematics FEN HSE. “Such exhibitions give an understanding of where and what we have in our homeland. In addition, the photographs describe what our volunteers saw when they came to the Arctic to clean up trash. I myself participate in environmental projects, and support them financially. In this case, we need working hands, and if I were a student now, of course, I would go too,” he emphasized.

    Dmitry Kobets, a representative of the Russian Geographical Society and a visiting lecturer at the HSE Department of Mathematics, did not know in his student years that one could spend one’s vacation on an expedition and benefit entire regions. He believes that it is important to tell students about this opportunity by organizing such exhibitions.

    “I thought that an expedition was a matter for big scientists, but it turns out that it is not. The Russian Geographical Society (and not only it) provides an opportunity for young specialists who have just started their journey to go on an expedition. And there is no need to do complex scientific work. Maybe you just want to relax and change the intellectual vector of activity that prevailed from September to June. And after the expedition, you also create a good community,” added Dmitry Kobets.

    In total, four thematic virtual tours were prepared for the exhibition.

    1. “Khatanga. Three suns for luck”, which takes you into the world of creativity, where each photographic work carries its own unique emotion and story.

    2. “The cold raised me”, dedicated to the harsh Arctic region, which is currently home to less than 6,000 people: the history of Khatanga, its people, and its natural conditions.

    3. “Khatanga – this is us”, which tells about the members of the expedition: young photographers, scientists, journalists, athletes and managers.

    4. “A snowflake won’t melt” — a quiz journey for the exhibition’s youngest spectators.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI USA: Driven by a Dream: Farah Al Fulfulee’s Quest to Reach the Stars

    Source: NASA

    Farah Al Fulfulee was just four years old when she started climbing onto the roof of her family’s house in Iraq to gaze at the stars.
    “It scared me how vast and quiet the sky was, but it made me very curious. I grew a deep passion for the stars and constellations and what they might represent,” she said.
    Her father noticed her interest and began bringing home books and magazines about space. Al Fulfulee first read about NASA in those pages and was fascinated by the agency’s mission to explore the cosmos for the benefit of all humanity.
    “Right then I knew I had to be an astronaut! I must go to space myself and get a closer look,” she said. “I knew I must find a way to go and work for NASA and fulfill my dream, working with other people like me who had a passion to explore the universe.”

    As a girl growing up in the Middle East, Al Fulfulee had few opportunities to pursue this dream, but she refused to give up. Her dedication to schoolwork and excellence in science and math earned her a spot at the University of Baghdad College of Engineering. She completed a degree in electronic and communication engineering — similar to American electrical and computer engineering programs — and graduated as one of the top 10 students in her class. “We had a graduation party where you dress up as what you want to be in the future,” she recalled. “I wore a spacesuit.”

    Al Fulfulee was ready to launch her career, but Iraq did not have a developed space industry and finding work as a female engineer was a challenge. She accepted a project engineer position with a prominent Iraqi engineering firm in the information technology sector and spent four years working for the company in Iraq, Turkey, and Jordan, but she was disappointed to discover that her role involved very little engineering. “I was the only female on the team,” she said. “It was not common for a woman to work in the field or with customers, so I was always left behind to do office work. The job was not fulfilling.”
    Still determined to join NASA, Al Fulfulee kept looking for her chance to come to the United States and finally found one in 2016, when she moved to Oklahoma to be near her sister. A new challenge soon rose: Without a degree from an American school or previous work experience in the United States, engineering opportunities were hard to come by. Al Fulfulee spent the next six years working in quality assurance for a human resources software company while she completed a MicroMasters program in software verification and management from the University of Maryland and honed her English and leadership skills.
    Her big break came in 2022, when she landed a job with Boeing Defense, Space, and Security as a software quality engineer. “I was so excited,” she said. “I knew I was much closer to my dream since Boeing worked in the space industry and I would be able to apply internally to work on a space program.”

    Less than one year later, Al Fulfulee became a system design and analysis engineer for the International Space Station Program and joined the Station Management and Control Team at NASA’s Johnson Space Center in Houston. She helps develop requirements, monitors performance, and validates testing for electrical systems and software supporting space station payloads. She also designs hardware, software, and interface specifications for those systems. Al Fulfulee has served as the team’s point of contact, delivering verification assessment and data assessment reports for NASA’s SpaceX Crew-9 and Crew-10 missions, as well as the upcoming Axiom Mission 4 flight. She is currently working to support testing and verification for NASA’s SpaceX Crew-11.
    “I could not be happier,” she declared.
    She is also not stopping. “I won’t quit until I wear the blue suit.”

    Al Fulfulee has been an enthusiastic volunteer for various NASA studies, including the Exploration Atmosphere Studies that tested spacewalk safety protocols in an analog environment. She is pursuing a master’s degree in Space Operations Engineering from the University of Colorado, Colorado Springs. She is an avid gardener and learning how to grow produce indoors as a volunteer experimental botanist with the Backyard Produce Project, noting that such knowledge might come in handy on Mars.
    She is also helping to inspire the next generation. Earlier this year, Al Fulfulee was a guest speaker at the Women in Tech & Business Summit in Iraq – an event designed to encourage Iraqi women to pursue technology careers. “I was the only person representing women in space,” she said. “It was a really moving experience.” Al Fulfulee provided practical advice on breaking barriers in aerospace and shared her story with the crowd.
    “I know my path is long and across the continents,” she said, “but I am enjoying my journey.”

    MIL OSI USA News –

  • MIL-OSI USA: DHS Bolsters America’s Supply Chains, Critical Infrastructure, and Domestic Industry Through Arctic ICE Pact

    Source: US Federal Emergency Management Agency

    Headline: DHS Bolsters America’s Supply Chains, Critical Infrastructure, and Domestic Industry Through Arctic ICE Pact

    epresentatives from the Department of Homeland Security (DHS) met with Canadian and Finnish counterparts as part of a two-day summit for the ongoing Icebreaker Collaboration Effort (ICE Pact), a trilateral agreement to strengthen United States supply chains, increase domestic jobs, and improve U

    S

    shipbuilding capabilities to defend the American people

    “ICE Pact is a key component of America’s economic future

    President Donald Trump and U

    S

    Homeland Security Secretary Kristi Noem understand that economic security is national security,” said Assistant Secretary Tricia McLaughlin

    “By revitalizing U

    S

    shipyards, creating jobs, strengthening industrial capabilities, and opening up the Arctic’s vast potential to American businesses, the Trump administration is putting America’s prosperity and security first

    ” 
    During the two-day event, government leaders discussed with public and private stakeholders plans to advance four key areas: technical expertise and information exchange; workforce development; relations with allies and industry; and research and development

    The three partner countries concluded this successful meeting with a commitment to reconvene in person by the end of the year for a meeting hosted by the U

    S

    government

    Icebreakers are vital for America’s presence in the Arctic, a region increasingly contested by Russia and China due to its growing potential for oil and gas exploration, critical minerals, trade route traffic, fishing, and tourism

    Russia maintains the largest icebreaker fleet in the world with 40-plus icebreakers and has made the Arctic its top naval priority; China is rapidly expanding its presence in this field as well and is collaborating with Russia on Arctic expansion efforts

    In contrast, until last month, the United States Coast Guard operated just two icebreakers

    In late May, the U

    S

    Coast Guard Cutter Storis began its maiden voyage to the Arctic

    ICE Pact will steer more investment into U

    S

    industry to boost our icebreaker fleet

    Plans developed during ICE Pact meetings will allow the U

    S

    , Canada, and Finland to build American-made Arctic and polar icebreakers

    ###

    MIL OSI USA News –

  • MIL-OSI Europe: Answer to a written question – Securing new financial resources for EU and Member States’ budgets to support strategic priorities and economic resilience – E-001743/2025(ASW)

    Source: European Parliament

    A global solution to address the tax challenges arising from the digitalisation of the economy remains the Commission’s preferred option.

    A proliferation of national or regional measures would generate fragmentation of the international tax landscape and may create double taxation issues.

    The Commission has taken note of the content of the Executive Order on the Organisation for Economic Cooperation and Development (OECD) global tax deal issued by the President of the United States.

    In the statement issued during the 17th plenary meeting of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS) held in April 2025,[1] members reiterated their commitment to the two-Pillar solution and pursue the discussions on both Pillar 1 and Pillar 2.

    The Commission will continue to engage with the United States in this respect and w ill liaise with Member States on the best way forward in case a global solution cannot be agreed.

    Lastly, discussions concerning potential new EU own resources within the upcoming Multiannual Financial Framework are ongoing. These deliberations will unfold in due course.

    • [1] https://www.oecd.org/content/dam/oecd/en/topics/policy-issues/beps/statement-oecd-g20-inclusive-framework-on-beps-april-2025.pdf.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Securing new financial resources for EU and Member States’ budgets to support strategic priorities and economic resilience – E-001743/2025(ASW)

    Source: European Parliament

    A global solution to address the tax challenges arising from the digitalisation of the economy remains the Commission’s preferred option.

    A proliferation of national or regional measures would generate fragmentation of the international tax landscape and may create double taxation issues.

    The Commission has taken note of the content of the Executive Order on the Organisation for Economic Cooperation and Development (OECD) global tax deal issued by the President of the United States.

    In the statement issued during the 17th plenary meeting of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS) held in April 2025,[1] members reiterated their commitment to the two-Pillar solution and pursue the discussions on both Pillar 1 and Pillar 2.

    The Commission will continue to engage with the United States in this respect and w ill liaise with Member States on the best way forward in case a global solution cannot be agreed.

    Lastly, discussions concerning potential new EU own resources within the upcoming Multiannual Financial Framework are ongoing. These deliberations will unfold in due course.

    • [1] https://www.oecd.org/content/dam/oecd/en/topics/policy-issues/beps/statement-oecd-g20-inclusive-framework-on-beps-april-2025.pdf.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Preservation of Indo-Greek sites in Pakistan – E-001581/2025(ASW)

    Source: European Parliament

    The High Representative/Vice-President appreciates the interest of the Honourable Member in this important matter and acknowledges the cultural significance of these historical sites.

    The EU is aware of the challenges faced by Pakistan in protecting its cultural heritage, including the Indo-Greek sites, and the efforts made by the international community to support their preservation.

    The EU is committed to promoting the protection of cultural heritage in the context of the Generalised Scheme of Preferences Plus (GSP+) monitoring under the GSP[1].

    The EU is aware of an ongoing project aiming at preserving the Bazira site (reports of the project can be found in the news outlet quoted by the Honourable Member)[2].

    Nevertheless, if additional evidence appears, the EU will be ready to further inquire and to discuss this issue with the Pakistani authorities in the appropriate fora.

    • [1] https://eur-lex.europa.eu/eli/reg/2012/978/oj/eng, https://gsphub.eu/conventions/International%20Covenant%20on%20Economic,%20Social%20and%20Cultural%20Rights%20(1976), https://www.ohchr.org/sites/default/files/cescr.pdf.
    • [2] https://www.dawn.com/news/1869913, https://www.dawn.com/news/1725863.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Preservation of Indo-Greek sites in Pakistan – E-001581/2025(ASW)

    Source: European Parliament

    The High Representative/Vice-President appreciates the interest of the Honourable Member in this important matter and acknowledges the cultural significance of these historical sites.

    The EU is aware of the challenges faced by Pakistan in protecting its cultural heritage, including the Indo-Greek sites, and the efforts made by the international community to support their preservation.

    The EU is committed to promoting the protection of cultural heritage in the context of the Generalised Scheme of Preferences Plus (GSP+) monitoring under the GSP[1].

    The EU is aware of an ongoing project aiming at preserving the Bazira site (reports of the project can be found in the news outlet quoted by the Honourable Member)[2].

    Nevertheless, if additional evidence appears, the EU will be ready to further inquire and to discuss this issue with the Pakistani authorities in the appropriate fora.

    • [1] https://eur-lex.europa.eu/eli/reg/2012/978/oj/eng, https://gsphub.eu/conventions/International%20Covenant%20on%20Economic,%20Social%20and%20Cultural%20Rights%20(1976), https://www.ohchr.org/sites/default/files/cescr.pdf.
    • [2] https://www.dawn.com/news/1869913, https://www.dawn.com/news/1725863.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Answer to a written question – Lowering of the reporting threshold for beneficiaries active in primary agricultural production to EUR 10 000 per calendar year – E-001598/2025(ASW)

    Source: European Parliament

    As regards individual aid awards, the publication thresholds for beneficiaries of state aid active in the primary agricultural production were modified as part of the general revision of the transparency rules. This revision concerned state aid in all sectors.

    The fitness check preceding the revision showed that only around 20-25% of state aid awards were subject to a publication obligation under the previous transparency rules[1] (which set the publication threshold at EUR 60 000 for the primary agricultural sector).

    In certain Member States with limited state aid spending capacity, this reporting was limited to only a very small fraction of the state aid granted.

    The low proportion of individual aid awards that were published undermined the transparency objective. Hence, the threshold for publication was lowered to EUR 10 000 for the primary agricultural sector[2].

    The choice of the modalities of implementation of the transparency requirements, such as by means of a multi-page tax declaration mentioned in the question, remains at the discretion of the Member States.

    The thresholds for publishing individual aid awards were modified across sectors following the assessment of their appropriateness to achieve the relevant transparency objectives and are currently considered as fit for the purpose.

    • [1]  https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv%3AOJ.C_.2014.204.01.0001.01.ENG&toc=OJ%3AC%3A2014%3A204%3AFULL and https://eur-lex.europa.eu/eli/reg/2014/702/oj/eng#:~:text=ELI%3A%20http%3A%2F%2Fdata.europa.eu%2Feli%2Freg%2F2014%2F702%2Foj%20of%2025%20June%202014%20declaring%20certain,Treaty%20on%20the%20Functioning%20of%20the%20European%20Union.
    • [2]  https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2022:485:TOC and https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2022:327:TOC.
    Last updated: 17 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Briefing – Recruitment of minors into organised crime – 17-06-2025

    Source: European Parliament

    The recruitment of minors into serious and organised crime has increasingly become a tactic used by criminal networks to avoid detection, capture and prosecution. By using minors, the criminal networks increase the distance between the criminal activity and the network’s core members or leaders, hampering identification. Even though there is a lack of reliable and comparable data on this phenomenon, several EU Member States have reported an increase in the involvement of minors in serious and organised crime. While the rising demand for recreational drugs seems to be the main driver behind the increase, minors are involved in other markets too, including property crime and online fraud. Criminal networks exploit children as young as 12 years for low-skilled roles such as local street dealers, cash couriers, warehouse operators and extractors of drugs from shipping containers. Easier access to firearms has led to a shift from minor crime to more serious, especially violent, crime, such as extortion and killings. Many minors are lured into organised crime by the promise of financial gain, social status, or sense of belonging, whilst others may be coerced or forced into this lifestyle due to their circumstances or environment. The consequences of such involvement are far-reaching, affecting not only the minors involved, but also the communities and society as a whole. The processes for recruiting minors into organised crime are still poorly understood, but there is a clear trend of increased use of digital tools for recruitment and communication, such as encrypted messaging services, apps and video games that are popular with young people. The EU recognises the severity of the problem and the need for closer cooperation between the affected Member States and for an integrated preventive response. By facilitating the exchange of best practices amongst Member States, integrating the local dimension into efforts to counter the infiltration of criminal networks into the economy and society, and by adopting a comprehensive and multi-faceted approach, the EU contributes to preventing the recruitment of minors into organised crime and to mitigating the devastating consequences.

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  • MIL-OSI Europe: Answer to a written question – EU billions for Ahmed al-Sharaa, a.k.a. Abu Mohammad al-Julani – E-001182/2025(ASW)

    Source: European Parliament

    On 11 March 2025, gravely alarmed by the violence in Syria’s coastal region, the High Representative/Vice-President issued a statement[1] strongly condemning the horrific crimes committed against civilians.

    The EU called for a swift, transparent and impartial investigation to ensure that perpetrators are brought to justice. It welcomed the transitional authorities’ establishment of an independent investigative committee and called on them to allow the Independent International Commission of Inquiry on the Syrian Arab Republic to investigate all violations.

    The EU remains attentive to the actions of the new authorities in ensuring the protection of all Syrians without any kind of discrimination.

    The EU continues to call for an end to violence across Syria and urges involved parties to protect all Syrians. The EU supports a peaceful and inclusive Syrian-led and Syrian-owned political transition, upholding the universality and indivisibility of human rights and principles of equality and non-discrimination among all components of society .

    The EU Brussels Conference pledges ensure support to Syria and neighbouring countries, that host a considerable number of refugees.

    The EU’s non-humanitarian assistance is subjected to extensive monitoring/evaluation mechanisms, including third party monitoring and risk assessments.

    The EU’s approach is gradual and commensurate with steps taken by the transitional government. The EU’s assistance follows strict implementation parameters. It aims to foster social cohesion by bringing together all Syrians without discrimination.

    The EU’s humanitarian aid is delivered through trusted partners in all parts of Syria . It seeks to respond to life-saving emergencies based on needs, accountability to affected populations, transparency, efficiency, effectiveness , and humanitarian principles (humanity, impartiality, neutrality, independence) [2].

    • [1] https://www.consilium.europa.eu/en/press/press-releases/2025/03/11/syria-statement-by-the-high-representative-on-behalf-of-the-european-union-on-the-recent-wave-of-violence/.
    • [2] EU Treaties and the European Consensus on Humanitarian Aid, see Joint Statement by the Council and the Representatives of the Governments of the Member States meeting within the Council, the European Parliament and the European Commission, OJ C 25, 30.1.2008, p. 1-12, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A42008X0130%2801%29.

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  • MIL-OSI Europe: Answer to a written question – Turkish military ‘Sea Wolf’ exercise threatens peace and stability in the Eastern Mediterranean – E-001912/2025(ASW)

    Source: European Parliament

    The EU has repeatedly expressed its expectation by Türkiye to de-escalate tensions in the interest of regional stability in the Eastern Mediterranean[1].

    In particular, the Commission has underlined in the 2024 report on Türkiye[2] that, as stemming from obligations under the Negotiating Framework, Türkiye is expected to make an unequivocal commitment to good neighbourly relations, international agreements and the peaceful settlement of disputes including through the International Court of Justice.

    Türkiye must avoid threats and actions that damage good neighbourly relations and respect the sovereignty of all Member States over their territorial sea and airspace as well as all their sovereign rights, in accordance with the United Nations Convention on the Law of the Sea.

    This is essential to ensure a stable and secure environment in the Eastern Mediterranean and the development of a cooperative and mutually beneficial relationship between the EU and Türkiye[3].

    The EU continues to stress that Türkiye should commit and actively contribute to normalising its relations with the Republic of Cyprus[4].

    • [1] https://www.consilium.europa.eu/media/57442/2022-06-2324-euco-conclusions-en.pdf.
    • [2] https://enlargement.ec.europa.eu/document/download/8010c4db-6ef8-4c85-aa06-814408921c89_en?filename=T%C3%BCrkiye%20Report%202024.pdf.
    • [3] https://ec.europa.eu/commission/presscorner/detail/en/ip_23_6157.
    • [4] https://data.consilium.europa.eu/doc/document/ST-16983-2024-INIT/en/pdf.
    Last updated: 17 June 2025

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  • MIL-OSI Europe: Answer to a written question – Next steps and policy outlook for EU-SADC (Southern African Development Community) Economic Partnership Agreement – E-001583/2025(ASW)

    Source: European Parliament

    The EU-Southern African Development Community (SADC) Economic Partnership Agreement (EPA) has been provisionally applied since 2016.

    A comprehensive external ex-post evaluation of the EPA was published in September 2024[1]. It shows that the EPA has delivered on its main aim to increase trade in goods between both sides, with an overall increase since 2016 of 24% (31% for SADC exports and 18% for EU exports).

    It has also helped to diversify SADC exports as particularly visible in the South African automotive sector. The Commission will publish a staff working document this year to follow-up on the ex-post evaluation study.

    The ex-post evaluation study is also used as input for the EPA review that is provided for in Article 116 of the EPA[2]. In the course of the review, both sides are assessing to what extent the implementation of the EPA can be further complemented or improved. Based on the current state of play, the Commission does not expect any reopening of the agreement or any addition of new trade areas.

    The Commission aims at concluding the review by the next EU-SADC Joint Council (at political level) that will be prepared beforehand by the EU-SADC Trade and Development Committee (at senior official level; both meetings are envisaged to take place in 2026 at a date still to be determined).

    • [1] https://policy.trade.ec.europa.eu/analysis-and-assessment/ex-post-evaluations_en.
    • [2] Art. 116: (1) The Parties agree to review this Agreement in its entirety no later than five (5) years after its entry into force. Such review is without prejudice to instances of adjustments, reviews or revisions otherwise provided for in this Agreement, such as those contemplated under Articles 12(2), 16(8), 17(5), 18(5), 26(10), 33(3), 35(6) and 65(e). (2) As regards the implementation of this Agreement, either Party may make suggestions oriented towards adjusting trade-related cooperation, taking into account the experience acquired during the implementation thereof. (3) The Parties agree that this Agreement may need to be reviewed in light of further developments in international economic relations and in the light of the expiration of the Cotonou Agreement; https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:22016A0916(01).
    Last updated: 17 June 2025

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  • MIL-OSI Europe: Answer to a written question – Shortening timelines for anti-dumping proceedings – P-001968/2025(ASW)

    Source: European Parliament

    Before taking action against unfairly traded imports (i.e. dumped of subsidised), the Commission must first establish that these practices are taking place and that they are causing harm to the EU industry. This requires investigations which are complex and subject to a strict legal framework.

    In 2018, as part of the modernisation of the trade defence instruments, the length of anti-dumping investigations was shortened by one month.

    Since then, provisional measures are imposed eight, and in some cases seven months after initiation. Also, in October 2024, the Commission decided to register imports in all ongoing new investigations to facilitate the retroactive application of measures, i.e. before the date of provisional measures, if the legal conditions allow[1].

    As regards citric acid, there are anti-dumping measures in place on imports of the product from China ranging between 16.3% and 42.7% since 2008.

    These measures were most recently extended for a further five years, in April 2021, following an expiry review[2]. These measures reflect the levels of dumping found in the context of an investigation conducted in line with World Trade Organisation and EU legislation.

    Measures in place may be reviewed on request by interested parties where there are changed circumstances of a lasting nature. The Commission conducts such reviews where it receives evidence from the European industry that action is warranted and will assist any industry in using the instruments.

    • [1] https://policy.trade.ec.europa.eu/news/commission-register-imports-all-products-under-trade-defence-investigations-bid-fight-unfair-2024-09-24_en.
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32021R0607&from=EN.
    Last updated: 17 June 2025

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  • MIL-OSI Europe: Answer to a written question – Public procurement irregularities in Spain and favourable treatment – E-001206/2025(ASW)

    Source: European Parliament

    Directive 2000/78/EC[1] aims to combat discrimination based on religion or belief, disability, age or sexual orientation in the context of employment and occupation.

    Article 61 of the EU Financial Regulation[2] concerns persons involved in EU budget implementation. As the situation described by the Honourable Member does not seem to concern issues of discrimination or the implementation of the EU budget, Directive 2000/78/EC and Article 61 of the EU Financial Regulation have no relevance in this context.

    The Commission is not competent to intervene in individual cases , if they do not concern a possible breach of EU law . Employment matters unrelated to rules of EU law fall within the remit of the national authorities and courts.

    In addition, o utside the implementation of EU law, it is for Member States to ensure compliance with fundamental rights in accordance with their constitutional order and their obligations under international law.

    • [1] OJ L 303, 2.12.2000, p. 16-22.
    • [2] OJ L, 2024/2509, 26.9.2024.
    Last updated: 17 June 2025

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  • MIL-OSI Europe: Answer to a written question – Israeli legislation on registration and visa issuance for international NGOs – E-001532/2025(ASW)

    Source: European Parliament

    On 24 February 2025, during the 13th meeting of the EU-Israel Association Council, the High Representative/Vice-President (HR/VP) and the Commissioner for the Mediterranean expressed the EU’s concerns in relation to the Israeli legislation on registration and visa issuance for international non-governmental organisations (NGO) as well as with the bill aiming to introduce financial and operational restrictions for internationally funded NGOs.

    In particular, the ‘risk of restrictions for foreign-funded NGOs, limiting civil society and its democratic participation and activity’ was highlighted in the EU statement[1].

    Similar concerns continue to be shared with Israel authorities at different levels of representation, both in Brussels and in Israel. The EU is closely following the matter, including through regular contact with international NGOs.

    In its relations with Israel, the EU considers that political engagement and frank and open dialogue are the most effective ways to convey EU concerns.

    The Association Agreement with Israel[2] is the legal basis of the EU’s ongoing dialogue with the Israeli authorities and it provides mechanisms to discuss issues and advance the EU’s point of view. In this framework, the EU will continue to reaffirm its commitment to the applicability of international human rights and humanitarian law in the occupied Palestinian territory.

    The EU keeps under constant review all agreements with third countries, and the principles and values upon which they are based. The possibility of a review of Israel’s compliance with Article 2 of the Association Agreement has been discussed at the Foreign Affairs Council on 20 May 2025.

    Based on this discussion, the HR/VP has announced that such a review will be undertaken.

    • [1] https://data.consilium.europa.eu/doc/document/ST-6511-2025-INIT/en/pdf.
    • [2] https://eeas.europa.eu/archives/delegations/israel/documents/eu_israel/asso_agree_en.pdf.
    Last updated: 17 June 2025

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  • MIL-OSI Europe: Answer to a written question – Transparency of EU funding to NGOs and links to political activities and irregular immigration – P-001458/2025(ASW)

    Source: European Parliament

    The Commission refers to its replies to the European Court of Auditors’ Special Report 11/2025[1].

    A definition of a non-governmental organisation (NGO) has been recently included in the Financial Regulation (FR),[2] together with the need to indicate in a direct management grant application whether the entity is an NGO.

    The Commission will explore whether this recent definition of an NGO should and could be further clarified. Such clarification should not increase administrative burden for NGOs, be proportionate and not limit access to EU funds.

    There is no indication that the NGO status poses a higher risk for the EU budget, compared to other types of entities. The NGO status is generally not a prerequisite for receiving EU funding.

    The Commission will explore increasing the frequency of updates in the Financial Transparency System[3]. In accordance with Article 38 FR, the Commission will make available on a centralised website information on recipients of EU funds under all management modes as for post 2027 programmes.

    The Commission’s current data mining and risk-scoring tool ‘Arachne’ serves control and audit, and not to verify respect of EU values.

    The FR provides for further development of this IT tool only as regards control and audit functions[4]. The Commission is open to exploring the feasibility of introducing further risk indicators to enhance checks on compliance with EU values, provided this is technically possible and in line with the applicable rules.

    Any such assessment could be carried out only following the further development of Arachne, which is to be delivered by the end of 2027.

    Interest representatives that apply for EU funding, which would typically include NGOs, must register in the Transparency Register[5] and declare their main sources of funding, the amount of each contribution above EUR 10 000 exceeding 10% of their total budget and the name of the contributor.

    • [1] https://www.eca.europa.eu/en/publications?ref=SR-2025-11.
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202402509.
    • [3] https://ec.europa.eu/budget/financial-transparency-system/index.html; the annual publications are based on Article 38 of the Financial Regulation (OJ L 2024/2509, 26.9.2024, p. 1-239), and in accordance with the third paragraph of the article, information on recipients is not disclosed in specific cases outlined therein.
    • [4] See recitals 29-32 and Article 36 of the FR. See also the Joint statement of the European Parliament, the Council and the Commission on the single data mining and risk-scoring tool provided for in Article 36 of the Financial Regulation on the occasion of the adoption of Regulation 2024/2509, OJ C, C/2024/5767, 26.9.2024, ELI: http://data.europa.eu/eli/C/2024/5767/oj.
    • [5] https://transparency-register.europa.eu/index_en.

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  • MIL-OSI Europe: Answer to a written question – ETS maritime surcharges – E-001705/2025(ASW)

    Source: European Parliament

    All sectors, including maritime transport, need to contribute to the EU climate neutrality goal by 2050 and the EU Emissions Trading System (ETS) is a key policy to achieve this objective.

    While the ETS Directive[1] allows for the transfer of the ETS costs from the shipping company to another entity operating the ship, it does not regulate the pass-through of costs to shippers.

    The Commission’s report[2] on the monitoring of the ETS extension to maritime transport shows that shipping companies typically pass ETS costs to shippers, with a limited impact on overall transport prices in 2024, estimated between 1% and 5% for deep sea container services.

    A case study revealed that surcharges do not always reflect the EU ETS costs expected on specific routes, possibly due to shipping companies’ strategies in redistributing costs among their lines.

    Information to be published by 30 June 2025 in Thetis Monitoring, Reporting and Verification (MRV)[3] will detail ship level emissions reported by shipping companies under the ETS, possibly aiding shippers in their commercial discussions.

    In terms of effectiveness, companies passing on the ETS costs would generally incentivise their consumers to shift towards greener alternatives.

    At the same time, the ETS would continue incentivising investments in mitigation reduction solutions in synergy with other policies such as FuelEU Maritime[4].

    The Commission will continue closely monitoring the implementation of the ETS extension to maritime transport, with reports due every two years.

    The above-mentioned report should therefore be seen as the first step of an ongoing process providing the foundation for future analysis and for possible enhancements of the monitoring approach.

    • [1] Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
    • [2] COM(2025) 110 final — https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52025DC0110.
    • [3] The dedicated Union information system developed and operated by the European Maritime Safety Agency that supports the implementation of Regulation (EU) 2015/757 — https://mrv.emsa.europa.eu/.
    • [4] Regulation (EU) 2023/1805 of the European Parliament and of the Council of 13 September 2023 on the use of renewable and low-carbon fuels in maritime transport, and amending Directive 2009/16/EC.

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  • MIL-OSI Europe: Answer to a written question – Mobility poverty in the EU’s outermost regions – E-001290/2025(ASW)

    Source: European Parliament

    The Commission announced, in the Mid-term Review Communication[1], the launch of consultations for an updated strategy for the outermost regions to address their permanent constraints. Several EU instruments already include favourable conditions for their transport needs.

    The European Regional Development Fund[2] supports airport infrastructure only in these regions and compensates for airports’ higher operating costs.

    The Connecting Europe Facility[3] supports transport infrastructure with higher co-financing rates. Several Public Service Obligations ensure connectivity with outermost regions[4], and social aid schemes support air transport for their residents[5].

    Outermost regions benefit from specific provisions under transport-related climate legislation. Domestic flights and sea journeys between an outermost region and its Member State are exempted from the Emissions Trading System[6] until end 2030 and can be exempted under the FuelEU Maritime Regulation[7] until end 2029.

    Around EUR 1.6 billion was set aside from the Emissions Trading System revenues to cover price difference between the use of eligible sustainable aviation fuels and fossil kerosene, covering exceptionally the full difference at outermost regions’ airports.

    The Social Climate Fund regulation[8] requires that relevant Member States consider outermost regions’ specificities in their national plans.

    As set out in the communication COM(2025) 46 final The road to the next multiannual financial framework[9], the future budget will include a strengthened, modernised cohesion and growth policy, in partnership with national, regional and local authorities, including outermost regions.

    • [1] A modernised cohesion policy: the mid-term review, COM(2025) 163 final.
    • [2] Regulation (EU) 2021/1058 of the European Parliament and of the Council of 24 June 2021 on the European Regional Development Fund and on the Cohesion Fund. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02021R1058-20241224 .
    • [3] Regulation (EU) 2021/1153 of the European Parliament and of the Council of 7 July 2021 establishing the Connecting Europe Facility. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02021R1153-20240718.
    • [4] Regulation (EC) No 1008/2008 of the European Parliament and of the Council of 24 September 2008 on common rules for the operation of air services in the Community. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02008R1008-20201218.
    • [5] Based on Article 107(2)(a) of the Treaty on the Functioning of the European Union.
    • [6] Directive (EU) 2023/959 of the European Parliament and of the Council of 10 May 2023 amending Directive 2003/87/EC establishing a system for greenhouse gas emission allowance trading within the European Union and Decision (EU) 2015/1814 concerning the establishment and operation of a market stability reserve for the European Union greenhouse gas emission trading system. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02023L0959-20230516.
    • [7] Article 2(4) of Regulation (EU) 2023/1805 of the European Parliament and of the Council of 13 September 2023 on the use of renewable and low-carbon fuels in maritime transport, and amending Directive 2009/16/EC.
    • [8] Regulation (EU) 2023/955 establishing a Social Climate Fund and amending Regulation (EU) 2021/1060. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02023R0955-20240630.
    • [9] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52025DC0046.
    Last updated: 17 June 2025

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