Government Update News


Hapag-Lloyd Scaling Back Iran Business

Jun 11, 2018

German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company…

Record US Retail Imports Expected this Summer

Jun 08, 2018

Imports at the United States’ major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released…

Greek Shipowners Say EU Tax Pressure Could Make Brexit Britain Attractive

Jun 08, 2018

Greek shipowners could relocate to Britain after it leaves the European Union if European regulators demand changes to favorable shipping taxes in Greece, a top industry official said on Friday.The European Union has been pressing Greece to end generous tax allowances it grants shipowners…

Montrose Port Receives $2 Mln Investment

Jun 06, 2018

Montrose Port Authority, a support and service hub for the energy industry, has received a £1.5 million ($2 million) Ports Mode Shift Grant from the Scottish Government.Following on from a period of significant investment for Montrose Port Authority…

EU Plans to Hit US Imports with Duties from July

Jun 06, 2018

The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium.EU members have given broad support to…

Mexico Slaps Tariffs on US Steel, Agricultural Products

Jun 05, 2018

Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products and on some agricultural goods, the Mexican economy ministry said on Tuesday, after pledging to retaliate against U.S. President Donald Trump's metals tariffs.The…

China Busts Gangs Smuggling Scrap Steel

Jun 05, 2018

Customs in China's southeastern Fujian province broke up five gangs smuggling scrap steel in a late-night operation on Monday, the official Xinhua news agency reported.A total of 28 criminal suspects were held in Xiamen, Quanzhou and other cities in the coordinated operation…

Vietnam to Resume Importing Wheat from Ukraine

Jun 05, 2018

Vietnam's government has approved a decision to resume imports of Ukrainian wheat after about a two-year pause, Ukrainian grain traders union UZA said on Tuesday.Vietnam suspended purchases of Ukrainian wheat in 2015 after it found weevils in…

Paul “Chip” Jaenichen Joins Liberty Global Logistics

Jun 04, 2018

Liberty Global Logistics (LGL) announced today that Paul “Chip” Jaenichen, former U.S. Maritime Administrator, has joined the Company as its Executive Vice President – US Flag. In his new position, he will be responsible for the oversight…

China Warns US Trade Benefits Hinge on Stopping Tariffs

Jun 04, 2018

If the United States implements trade sanctions including tariffs then all outcomes of the China-U.S. trade talks will be void, state news agency Xinhua said on Sunday following high-level trade discussions in Beijing.China is willing to increase…

New US Coast Guard Commandant Takes Helm

Jun 01, 2018

Adm. Paul F. Zukunft was relieved as commandant of the U.S. Coast Guard by Adm. Karl Schultz during a military change-of-command ceremony held Friday at U.S. Coast Guard Headquarters.Zukunft also retired from the Coast Guard after 41 years of…

EU to Hit Back at US Tariffs

Jun 01, 2018

The European Union's plans to hit back at new U.S. tariffs on EU steel and aluminium exports include hiking duties on a range of imports from the United States, from blue jeans and rice to the proverbial kitchen sink.In eight closely typed pages…

Canada to Impose Tariffs on US, Challenge at WTO

May 31, 2018

Canada will impose retaliatory tariffs on C$16.6 billion ($12.8 billion) worth of U.S. exports and challenge U.S. steel and aluminum tariffs under the North American Free Trade Agreement and the World Trade Organization (WTO), Canadian Foreign Minister Chrystia Freeland said on Thursday…

US Hits EU, Canada and Mexico with Steel, Aluminum Tariffs

May 31, 2018

The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods…

US Coast Guard to hold change-of-command ceremony

May 31, 2018

U.S. Coast Guard Commandant Adm. Paul F. Zukunft will be relieved by U.S. Coast Guard Atlantic Area Commander Vice Adm. Karl L. Schultz on June 1, 2018, at 1100 hours at U.S. Coast Guard Headquarters in Washington, D.C. Homeland Security Secretary Kirstjen M…

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