A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years…
U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government's economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions…
Members of the North and Standard Clubs have voted to approve the merger between the two marine insurance firms, creating one of the largest providers of mutual cover in the maritime industries.The P&I clubs, which revealed plans to merge earlier this year…
In a statement submitted to the Special Tripartite Committee (STC) meeting held last week, SRI, the international pan-industry body researching maritime and seafarers’ law, called for more States to ratify the Maritime Labor Convention (MLC) to ensure a level playing field in the shipping industry…
The U.S. Senate on Tuesday confirmed Ann C. Phillips as Administrator of the U.S. Maritime Administration (MARAD), filling a position that has been left vacant at the Department of Transportation (DOT) since January 2021. Phillips was confirmed by a vote of 75-22…
For more than two years, Isaac Larian has used every available tool to overcome global supply-chain bottlenecks and keep retailers stocked with enough Bratz and LOL Surprise! dolls to meet pandemic demand.Asked how he's preparing for this summer's West Coast port labor talks…
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday.Two seafarers…
The America’s Marine Highways Program is one of several grant programs administered by the U.S. Maritime Administration (MARAD) to promote more effective use of the nation’s navigable waterways. This particular program was established by Congress…
Global law firm K&L Gates LLP has added Felisa Sanchez as of counsel in the maritime and finance practices. She joins the firm’s Houston office from Foley & Lardner LLP.Sanchez focuses her practice on a wide variety of corporate, finance, and…
The British Ports Association said it is calling for clarity following recent speculation that the introduction of physical Brexit border checks on EU food and animal product imports will be delayed again.Sanitary and phytosanitary inspections…
A Portuguese man is set to face an extradition hearing in Madrid over allegations he was involved in the devastating 2020 port explosion in Beirut, authorities said on Thursday.The man, named in court as Jorge Manuel Mirra Neto Moreira, flew…
While those in the Beltway continue to struggle to offer solutions to U.S. supply chain capacity issues, it seems apparent that policymakers have at least found their scapegoat for these issues in the form of the maritime industry. A specific talking point during the State of Union Address…
Britain’s insolvency service has started formal criminal and civil investigations into P&O Ferries to look into the company’s decision to fire hundreds of workers without notice last month, business minister Kwasi Kwarteng said on Friday.The…
The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs.The Ocean Shipping Reform Act, led by Senators John Thune and Amy Klobuchar, would strengthen…
British Prime Minister Boris Johnson said on Wednesday he believed that P&O Ferries had broken the law by sacking 800 staff with immediate effect via video message and that the government would take legal action.P&O, which is owned by Dubai ports firm DP World…
