Government Update News


Inland Waterways Authority of India Releases Ship Designs for River Ganga

Aug 31, 2018

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…

India Signs Wage Pact with Port and Dock Workers

Aug 30, 2018

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…

US Warns Russia Against 'Harassment' of Ships Headed to Ukraine

Aug 30, 2018

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…

COSCO Shipping's H1 Profit Falls 98 pct

Aug 30, 2018

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…

"Huge amount of work to do" in NAFTA talks -Canadian minister

Aug 29, 2018

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…

Port Everglades Receives $2.25 Million in Security Grants

Aug 29, 2018

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…

Indian Port Rail Corporation to Begin New Railway Line Project

Aug 27, 2018

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 to Boost Maritime Trade with Iran

Aug 26, 2018

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…

British Ports Association Highlights Consequences of a ‘No Deal’ Brexit Scenario

Aug 24, 2018

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…

British Ports Association Welcomes New UK Export Strategy

Aug 21, 2018

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…

Hong Kong Grants Licence to Steamship Mutual

Aug 20, 2018

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…

Mississippi River Ship Channel Deepening Project Moves Forward

Aug 20, 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…

Third US Soybean Vessel Left in Limbo Unloads Cargo in China

Aug 20, 2018

The Cemtex Pioneer, a vessel carrying U.S. soybeans that was caught up in the China-U.S. trade row, has left east China's port of Nantong near Shanghai, according to shipping data on Thomson Reuters Eikon on Sunday.The vessel's draft is now at 58 percent of its maximum…

China Shifts to Iranian Tankers to Keep Oil Flowing Amid US Sanctions

Aug 20, 2018

Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States…

Japan, Russia Join for Trans-Siberian Rail Transportation

Aug 19, 2018

Japan and Russia plan to officially develop a freight transport route between the two countries via the Trans-Siberian Railway, the Yomiuri newspaper reported.The report said that the two governments aim to foster mutual economic cooperation by energizing the “third distribution channel…

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