The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow…
Indian Ministry of Shipping, through its flagship programme Sagarmala, is closely working with Government of Gujarat state and other stakeholders to showcase India's rich maritime heritage through development of a World Class Maritime Heritage Complex (NMHC) at Lothal in the state of Gujarat…
The U.S. Merchant Marine Academy (USMMA) at Kings Point welcomed the Class of 2022 into the U.S. Navy Reserve Saturday in a parade and ceremony at Tomb Field on the Academy grounds. The Class was sworn in on behalf of the U.S. Navy by Capt. Steven Urwiller…
Inland Waterways Authority of India (IWAI) made public 13 standardised state-of-the-art ship designs suitable for large barge haulage on river Ganga (National Waterway-1).This marks attaining of a critical milestone in the growth of the country’s…
The 12 Indian major ports run by the state will raise the wages of its more than 32,000 port and dock workers and some 105,000 pensioners by 10.6 per cent beginning January 2017, according to a five-year agreement signed on Thursday.'A new wage…
The U.S. State Department on Thursday called on Russia to cease what it called 'harassment of international shipping' in the Sea of Azov and Kerch Strait, accusing Moscow of trying to destabilize Ukraine.'Russia's actions to impede maritime…
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…
Canadian Foreign Minister Chrystia Freeland said on Wednesday she remained optimistic about progress on negotiations with the United States over a revamp of the North American Free Trade Agreement, but said there was a 'huge amount of work to do…
Broward County’s Port Everglades will receive more than $2.25 million in U.S. port security grants to advance firefighting capabilities and enhance the seaport’s security infrastructure.The FY 2018 Port Security Grant Program (PSGP) awards were announced on Friday by the U…
Jawaharlal Nehru Port (JNPT), Ministry of Shipping, Ministry of Railways and state governments of Madhya Pradesh and Maharashtra will enter into a pact tomorrow for implementing a new Indore- Manmad Railway Line Project.The project will be implemented…
Qatar is planning to increase maritime shipping lines between with Iran, reported Iran's official media quoting Hadi Haqshenas, deputy head of Iran's Ports and Maritime Organization (PMO) for Maritime Affairs.According to Fars News Agency, Hadi…
Following the publication of the UK Government’s advice on contingency planning for a ‘no deal’ Brexit outcome, the British Ports Association (BPA) has suggested that negotiators have it in their power to agree a deal that would end months of…
Welcoming the Department for International Trade’s new Export Strategy the British Ports Association (BPA) has highlighted the role that ports play handling 95% of the UK’s International trade in goods.Commenting on the Strategy the BPA’s Chief Executive…
Protection and indemnity club Steamship Mutual P&I Club has been given a licence in Hong Kong by Hong Kong Insurance Authority , its third in the Far East after Singapore and Tokyo.'Hong Kong Insurance Authority has formally authorised the Club to establish a Branch in Hong Kong from 17 August 2018…
The Mississippi River Ship Channel could be the first port complex on the Gulf Coast to reach a depth of 50 feet now that the Director’s Report has been signed by the U.S. Army Corps of Engineers. Elected officials and industry leaders have long worked to increase the channel’s depth to 50 feet…