Government Update News


Weak Currency, Global Trade Jitters Bolster Brazil Soy Exports

May 03, 2018

Brazil's soybean exports hit record volumes last month, grain exporter association Anec said on Thursday, citing a weak domestic currency and trade tensions between the United States and China for bolstering business for local farmers.Brazil's April soybean exports reached 11…

Transnet Chairwoman Resigns

May 03, 2018

The chairwoman of South Africa's state-owned logistics utility Transnet has resigned along with two other board members, the public enterprises ministry said on Thursday.The firm has been accused of irregularities in the awarding of contracts…

Ethiopia Will Take a Stake of Port Sudan

May 03, 2018

Ethiopia and Sudan have agreed on a deal that will allow the Horn of Africa nation to take a stake of Port Sudan, Ethiopia's Foreign Ministry said on Thursday.The deal was reached on Thursday in Khartoum in a meeting between Ethiopia's Prime…

NRF: Tariffs Against China Would Destroy 134,000 US Jobs

May 02, 2018

The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study…

South Korea's April Exports Fall Unexpectedly

May 01, 2018

South Korean exports declined in April for the first time in 18 months, unable to keep up with 2017’s brisk pace as global demand softened, adding to worries about the country’s trade outlook amid the risk of a deepening U.S-China trade conflict…

Canada's PM: US Steel, Aluminum Tariffs a 'Very Bad Idea'

Apr 30, 2018

Prime Minister Justin Trudeau on Monday said any move by the United States to impose tariffs on Canadian steel and aluminum would be a 'very bad idea' guaranteed to disrupt trade between the two nations.Trudeau told reporters in Vancouver he…

Danish Shipping :Toward a Digital Future

Apr 30, 2018

In January and February the Maritime Disruptors Academy premiered when  students and employees in the shipping industry actively engaged on how to make the most of new technology and ways of thinking. Given that the entire Danish maritime cluster will be part of the change the next Academy…

MLC Enters New Chapter’ for Seafarers' Rights

Apr 30, 2018

The ITF has welcomed the positive outcome of the third meeting of the Special Tripartite Committee of the ILO (International Labor Organization) in Geneva. The STC has agreed on a new amendment to the Maritime Labor Convention (MLC) 2006 and…

IMO Urges Governments to Implement HNS Convention

Apr 27, 2018

The IMO treaty covering compensation for damage caused by Hazardous and Noxious Substances (HNS) transported by sea is the subject of a workshop underway at International Maritime Organization (IMO) Headquarters, London (26-27 April).  The…

Turkey to Open Investigation into Steel Imports

Apr 27, 2018

Turkey will open an investigation into whether iron and non-alloy steel imports harm local producers, the government said on Friday.Producers from the European Union, which Turkey aims to join, will be exempted from the investigation, the government said…

Bollore Under Formal Investigation in Africa Graft Probe

Apr 25, 2018

A French judge on Wednesday placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts.Bollore's company…

Wicker Highlights Ports' Role in National Security

Apr 25, 2018

U.S. Senator Roger Wicker, R-Miss., yesterday attending a hearing of the Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security to consider U.S. maritime policy, asked Mark H. Buzby, the current administrator of the Maritime Administration…

Singapore Awards Another $1.1 Bln for Mega-port Project

Apr 25, 2018

Singapore on Wednesday announced a $1.1 billion plan to expand and modernize its port, the world's second-biggest, but which is in fierce competition with several Chinese harbors including Shanghai, Shenzhen and Guangzhou.The Maritime and Port…

China-bound US Sorghum Diverted to Saudi Arabia, Japan

Apr 24, 2018

Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data…

Mexico Minister says NAFTA Deal will Depend on Flexibility

Apr 24, 2018

Mexican Economy Minister Ildefonso Guajardo said on Tuesday that agreeing a new North American Free Trade Agreement (NAFTA) deal will depend on the flexibility of negotiations as he prepared to meet his U.S. and Canadian counterparts in Washington…

Current News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Subscribe for Maritime Logistics Professional E‑News