Government Update News


MSC Says It's Not Targeted By Australia Vessel Ban

Mar 27, 2018

Following Australia's move to ban the containership MSC Kia Ora for unpaid crew wages, MSC Mediterranean Shipping Company said in a statement that it does not oversee the maintenance, or the workforce, of the chartered banned vessel, Kia Ora…

Vanderhaden Named USCG Master Chief Petty Officer

Mar 27, 2018

The U.S. Coast Guard announced Tuesday Command Master Chief Jason M. Vanderhaden has been selected as the 13th Master Chief Petty Officer of the Coast Guard. The Master Chief Petty Officer of the Coast Guard is the service's most senior enlisted…

Djibouti, CMA CGM in Talks to Develop New Container Terminal

Mar 27, 2018

Djibouti is in talks with French shipping company CMA CGM to develop a new container terminal at an initial cost of $660 million as part of the tiny African country's bid to expand into a sea and air transport hub for the continent. Aboubakar Omar Hadi…

Australia Bans Containership over Unpaid Wages

Mar 27, 2018

Liberian-flagged containership MSC Kia Ora has been banned from Australian ports for three months after the operator failed to ensure crew were paid their wages in full and on time, and that critical equipment was maintained. The ban was issued by the Australian Maritime Safety Authority (AMSA)…

US in Talks with China on Trade

Mar 26, 2018

White House trade adviser Peter Navarro said on Monday that United States is in talks with China after Washington announced plans to impose tariffs on up to $60 billion of Chinese products. In an interview with CNBC, Navarro said Treasury Secretary Steven Mnuchin and U…

Greek Shipping Tycoon Denies Drug Trafficking Charges

Mar 26, 2018

Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The…

Abu Dhabi Ports, China Trade Council Sign MoU

Mar 25, 2018

Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ)…

DP World to Develop Kazakhstan's Special Economic Zones

Mar 25, 2018

Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE),   and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos…

Ponstein Appointed on Port of New Orleans Board

Mar 24, 2018

Gov. John Bel Edwards appointed Charles H. Ponstein to the Board of Commissioners of the Port of New Orleans as the St. Bernard Parish representative on the seven-member regional board. Ponstein was sworn in during today’s monthly Board meeting and will serve a five-year term succeeding William T…

Kwan re-elected vice chair, Vancouver Fraser Port Authority board

Mar 24, 2018

The Vancouver Fraser Port Authority board of directors has re-elected Eugene Kwan as vice chair for a third term commencing March 25, 2018. Mr. Kwan was appointed to the board of directors by the federal minister of transport as recommended by the Port User Group Nominating Committee…

Danish Shipping Worries on New Trade Restrictions

Mar 23, 2018

Although the US has decided to exclude Europe from new tariffs on steel and aluminium, new restrictions on trade between the United States and China raise concern. There is an urgent need for new diplomatic efforts to prevent an escalation…

Russia to Restrict US Imports in Response to Tariffs

Mar 23, 2018

Russia's Ministry of Trade and Industry said on Friday it was preparing to impose restrictions on U.S. imports in response to U.S. tariffs on steel and aluminium, the Interfax news agency reported.  (Reporting by Polina Ivanova Writing by Gabrielle Tétrault-Farber Editing by Andrew Osborn)

Trump Tariffs: EU Seeks Permanent Exemption

Mar 23, 2018

European Union leaders called on Friday for a temporary exemption from U.S. import duties on steel and aluminium to be made permanent, saying they reserved the right to respond in an 'in a proportionate manner' to protect the bloc's interests…

China Considering New Tariffs on 128 US Products

Mar 23, 2018

China's commerce ministry said on Friday that it may impose additional tariffs on up to $3 billion of U.S. imports in response to U.S. tariffs on Chinese steel and aluminum products.The ministry said it was considering implementing measures in two stages: first…

As Trade Tensions Mount, China Soybean Buyers Devise Contingency Plans

Mar 23, 2018

Chinese buyers of soybeans, the United States' biggest agricultural export to the country, are quietly drawing up contingency plans to ensure supplies of critical raw materials in the event of a trade war, sources said. The moves are the…

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