Government Update News


MCA’s CEO Massey to Retire by End 2018

Mar 16, 2018

Maritime & Coastguard Agency (MCA) chief executive Sir Alan Massey announced he plans to retire from the role before the end of 2018. The Department of Transport will begin its search for Massey’s successor on March 19. Massey will continue…

U.S. Wants Export Caps in Return for Scrapping Tariffs

Mar 16, 2018

The United States has set conditions for scrapping its planned punitive tariffs on steel and aluminum imports from Europe, German magazine Der Spiegel reported, including capping U.S.-bound exports of the metals at 2017 levels. The European…

India to Augment Capacity Along Inland Waterways

Mar 15, 2018

The Government  of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme.  Sagarmala is the flagship programme of…

DP World Says Committed to Port Project in Somaliland

Mar 15, 2018

DP World, one of the world's largest port operators, said on Thursday it is committed to the port project in Somaliland despite Somalia's move to ban the ports operator from operating in Somalia. Djibouti's decision to end a contract with…

Djibouti Says Its Container Port to Remain in State Hands

Mar 14, 2018

Djibouti's container port will remain in state hands as the government seeks investment, a senior official said on Wednesday in comments likely to reassure Washington where lawmakers say they fear it could be ceded to China. The Doraleh Container Terminal is a key asset for Djibouti…

LA Port Volumes Surge 16%

Mar 14, 2018

The Port of Los Angeles processed 725,059 Twenty-Foot Equivalent Units (TEUs) in February, the busiest February in the port’s 111-year history. Volumes jumped 16 percent compared to last February. Two months into 2018, overall volumes have increased 5…

Somalia Bans DP World, Says Contract with Somaliland Null

Mar 13, 2018

Somalia has banned Dubai ports operator DP World from operating in Somalia, saying that a contract that the company signed last year with the breakaway Somaliland region to develop an economic zone is null and void. It is unclear how Somalia's…

Migrant Influx Puts Greek Port on Edge

Mar 13, 2018

The migrants bolted across a street and clambered over a fence into the Greek port at Patras, scouting around for trucks to stow away in. Dozens at a time scaled a 2-km stretch of fence one afternoon last week, playing cat-and-mouse with…

US Steel Import Curbs Seen Scuttling India's Rising Exports

Mar 13, 2018

India's ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade. 'Our exports have increased substantially, about 40 percent growth during January to December (2017)…

UK Ports to Invest $2.36 Bln in Infrastructure

Mar 12, 2018

Newly published research shows that U.K. ports and terminals have an estimated £1.7 billion ($2.36 billion) of port infrastructure investment in the development pipeline. The research is part of the British Ports Association’s ‘Port Futures’…

Commerce Secretary Ross to Speak with EU on Tariffs

Mar 12, 2018

U.S. Commerce Secretary Wilbur Ross will speak with European Union representatives about lowering tariffs against the United States, President Donald Trump said on Monday.'Secretary of Commerce Wilbur Ross will be speaking with representatives…

Model Concession Agreement for PPP in Indian Ports Revised

Mar 12, 2018

In order to make  port projects more investor friendly and make investment climate in the major port sector more attractive, the Indian Government has approved the revised Model Concession Agreement (MCA) for Public Private Participation (PPP) projects in Major Ports…

South Korea Restuctures Mid-Sized Shipbuilders

Mar 11, 2018

The South Korean government decided to restructure two financially-troubled mid-sized shipbuilders, said a report in Business Korea. While filing for court receivership for the debt-ridden Sungdong Shipbuilding, the government has decided to save STX Offshore and Shipbuilding Co…

$12.7m in TIGER Grants Awarded

Mar 10, 2018

The U.S. Department of Transportation (US DOT) awarded a $12.7 million Fiscal Year (FY) 2017 Transportation Investment Generating Economic Recovery (TIGER) discretionary grant to the Alabama State Port Authority for the Southeast Automotive Gateway in Mobile…

New Tariffs Threaten Import Growth at Container Ports

Mar 09, 2018

Imports at the nations’ major retail container ports are expected to dip slightly this month, but that’s the result of annual Asian factory shutdowns for Lunar New Year rather than new tariffs on steel and aluminum imposed this week, according…

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