Government Update News


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…

Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy

May 30, 2018

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…

France's Macron Calls for Global Trade Reform

May 30, 2018

French President Emmanuel Macron on Wednesday said it was time for the world's biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiraling into trade wars.Macron's comments before…

BSM Demonstrates Commitment to Greek Shipping

May 30, 2018

Bernhard Schulte Shipmanagement (BSM) demonstrated its commitment to the Greek shipping industry on May 24th, 2018, during a hospitality event titled ‘The future of shipmanagement’ in Athens, co-organized with MariApps Marine Solutions.More than 120 figures from the maritime sector…

Plans Emerge for Strategic Indian Ocean Naval Port

May 30, 2018

Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian…

Gambian President Barrow Visits Antwerp Port

May 24, 2018

A collaboration agreement was signed on Thursday 24 May, in the port of Antwerp between on the one side Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority, and APEC, its maritime training centre…

US Coast Guard Welcomes New Vice Commandant

May 24, 2018

Adm. Charles D. Michel was relieved as vice commandant of the U.S. Coast Guard by Adm. Charles W. Ray during a military change-of-watch ceremony held Thursday at U.S. Coast Guard Headquarters. Michel, who also retired from the Coast Guard…

Marad: Helis Accepts New Post at MarAd Headquarters

May 24, 2018

A Statement from the Maritime Administration has announced that RADM James Helis has accepted a senior post at the U.S. Maritime Administration headquarters in Washington. The text of that message follows: “The Maritime Administration today…

China 'Welcomes' High-Quality U.S. Products

May 23, 2018

China welcomes high-quality and competitive products made by the United States to enter its market, the commerce ministry said on Wednesday. Both China and the United States will seriously implement a deal reached in Washington, including the purchase of farm and and energy products…

UN Seeks Traders' Help Enforcing North Korea Sanctions

May 22, 2018

A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…

Bulk Shipping: Economics 101

May 22, 2018

Supply and Demand in the bulk transport sectors will define the course line ahead. Less ships and more cargo will be the key.The drybulk sector – where iron ore, coal, grain and other raw materials dominate – is still wrestling with a decade…

US Sorghum Ship Switches Destination from Spain Back to Asia

May 22, 2018

The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…

US Exports to China to Rise amid Trade Talks, but Volumes are Capped

May 21, 2018

China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U…

EU Ambassadors Visit Peru’s Largest Multipurpose Terminal

May 21, 2018

APM Terminals Callao hosted an EU delegation of ambassadors representing 12 EU member states. Led by the EU Ambassador in Peru, Diego Mellado, the visit was of special interest as annual trade between the EU and Peru is more than $10 billion…

Current News

Additional LNG Exports from Plaquemines LNG Approved

LA Releases Draft Environmental Impact Statement for Berth Redevelopment

EU Doesn’t See Risks to Oil and Gas Supply Yet

US Officials Predict Quick End to Iran War

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