Government Update News

 

Finland Grid Operator asks Court to seize Tanker

Jan 02, 2025

Finland's national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company's claim for damages related to the breakdown of the undersea Estlink 2 electricity interconnector…

US Dockworkers, USMX to Restart Contract Talks

Jan 02, 2025

The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, Bloomberg news reported on Thursday, citing a person familiar with the matter.Talks between the ILA, which represents more than 45…

Irish Coast Guard responded to 2,554 incidents in 2024

Dec 31, 2024

2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life…

FMC Announces Export Strategies Deadline

Dec 31, 2024

Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…

Remembering the service, sacrifice of the Merchant Marine

Dec 31, 2024

It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I can’t think of a more auspicious time…

A tribute to our nation’s Fourth Arm of Defense

Dec 31, 2024

On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nation’s Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine…

India inks 19.9 bln rupees deal with Mazagon Dock Shipbuilders

Dec 30, 2024

India's defence ministry said on Monday it had signed a 19.9 billion rupees ($233 million) contract with Mazagon Dock Shipbuilders MAZG.NS for technology that allows submarines to stay underwater for longer.The ministry also signed a 8.7 billion…

USCG: Do as I Say; Not as I Do

Dec 26, 2024

Irony: (noun) a state of affairs or an event that seems deliberately contrary to what one expects and is often amusing as a result. But this is anything but funny.It has been a busy news month for the nation’s fifth uniformed service; the United States Coast Guard…

Iranian Oil Prices to China Spike as Shipping Sanctions Bite

Dec 26, 2024

The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian…

Trump names Panama Envoy, Talks Tough on Panama Canal

Dec 26, 2024

U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…

NTSB's Alvin Brown Appointed Vice Chairman

Dec 26, 2024

Alvin Brown, a member of the National Transportation Safety Board and former mayor of Jacksonville, Florida, was designated Friday, Dec. 20, 2024, by President Biden to serve as vice chairman of the independent safety agency. “I am honored to…

Port of Oakland Box Volume Finishing 2024 Strong

Dec 26, 2024

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…

Black Sea Spill Volunteers Beg Putin for Help

Dec 23, 2024

Volunteers helping to clean up a major oil spill along Russia's Black Sea coast appealed in a video released on Monday for President Vladimir Putin to urgently send federal aid, saying that they and local authorities were overwhelmed.The pollution…

USCG Takes Ownership of Commercial Icebreaker

Dec 23, 2024

The Coast Guard announced it accepted ownership of the motor vessel Aiviq, a 360-foot polar class 3-equivalent icebreaker, from an Edison Chouest Offshore subsidiary Friday.The vessel, acquired Dec. 11, will enhance U.S. operational presence…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

Logistics News

Class NK GDA for World First Vessel Tank Tech

Class NK GDA for World First Vessel Tank Tech

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

CO2 Logistics Hub Under Development at Stockholm Norvik Port

CO2 Logistics Hub Under Development at Stockholm Norvik Port

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Glenfarne signs 20-year LNG contract with POSCO in South Korea

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FT reports that Revolut will move its headquarters to Canary Wharf, where Deutsche Bank will be based.
Sources say that Amazon paid 180 million Euros to Italy to end the tax and labour probe
Sources: Russia will increase oil exports to western ports by 27% in December after a November slump.