Government Update News


TOTE Maritime Prepares for Largest Cargo Week Since Maria

Nov 10, 2017

Since Hurricane Maria made landfall on September 19th, TOTE Maritime and its employees have been working around the clock to get relief and commercial goods to the people of Puerto Rico.  Certainly, the largest effort is underway in San…

Indian Ports Register Positive Growth of 3.27% in H1

Nov 09, 2017

The major ports in India have recorded a growth of 3.27% during the period April to September, 2017 and together handled 383 Million Tonnes of cargo as against 371 Million Tonnes handled during the corresponding period of previous year. The Eight Ports i…

China OKs Maersk Hamburg Süd Deal

Nov 08, 2017

The Ministry of Commerce (MOFCOM) in China approved Danish shipping giant Maersk Line’s proposed acquisition of Hamburg Süd, reported Reuters. Maersk Line, the world’s biggest container shipping company, will pay 3.7 billion euros ($4.3 billion) to buy German rival Hamburg Sud…

U.S. Commerce Chief Ross Reportedly Divests Shipping Interests

Nov 08, 2017

According to a Reuters report, U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his holdings in another shipping firm, Navigator Holdings, a Trump administration official said earlier this week…

Grain Trade Boosts Brazil's Itaqui Port

Nov 03, 2017

Brazil's Itaqui port, the country's closest deepwater gateway to the Panama Canal, has projected a rise in 2017 shipping volumes thanks to a record grain harvest and development of a new northern farming frontier. Most of Itaqui's export cargo arrives by train instead of roads…

Crowley Vessel Enters US Mainland-Puerto Rico Trade

Nov 02, 2017

Crowley Maritime Corp. said it has retrofitted two of its heavy lift, flat-deck barges, 455-3 and Marty J, to provide additional capacity to customers shipping cargo between the U.S. mainland and Puerto Rico.With the 455-3 sailing early Tuesday morning from the Port of Jacksonville…

India Okays Shipbuilding Financial Assistance Policy

Nov 02, 2017

To promote Government of India’s ambitious ‘Make in India’ programme and to encourage domestic shipbuilding by providing a level playing field vis-a-vis foreign shipyards, the Government had approved the Shipbuilding Financial Assistance Policy for Indian Shipyards in December 2015…

Maritime Logistics Professional - September/October Edition

Nov 01, 2017

The September/October 2017 edition of Maritime Logistics Professional is now available. This edition includes features on: The Port of New Orleans: Brandy D. Christian is at the helm steering investment and development at one of the…

Indiana Port Awarded $9.85 Mln FASTLANE Grant

Oct 31, 2017

The Port of Indiana-Burns Harbor will receive one of the nation's 10 FASTLANE small project grants for 2017, U.S. Secretary of Transportation Elaine L. Chao has confirmed. In August, Secretary Chao informed Congress the Department of Transportation was recommending approval of a $9…

Indian Minister Flags Off RORO from Chennai To Mongla

Oct 29, 2017

Indian Minister of Shipping Nitin Gadkari today digitally flagged off a RoRo cum general cargo vessel M.V. IDM DOODLE carrying a consignment of 185 trucks from Chennai Port to Mongla port in Bangladesh. Shri Gadkari informed that these trucks…

Ocean Change Requires Solutions: UN

Oct 23, 2017

Solutions to address human-induced “Ocean Change” are needed to save life in the ocean and reverse the cycle of decline in which it is caught, according to Fiji's Ambassador Peter Thomson, the UN Secretary General's Special Envoy for the Ocean…

India's Oil Imports Hit Record High in September

Oct 20, 2017

India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand.The world's third-biggest oil importer shipped in 10 percent…

US Trade Chief Says He's Not Focused on Ending NAFTA

Oct 17, 2017

U.S. Trade Representative Robert Lighthizer said on Tuesday he is not focused on terminating the North American Free Trade Agreement and is only trying to negotiate an update that 'rebalances' the pact to reduce U.S. trade deficits. 'We…

China to Take 70% Stake Myanmar Port

Oct 17, 2017

China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said.Oo Maung…

Pasha Hawaii to Deploy Jones Act Vessel to Puerto Rico

Oct 17, 2017

Pasha Hawaii will provide the U.S. Jones Act vessel Horizon Spirit to ship hundreds of containers from the West Coast in support of hurricane relief and rebuilding efforts in Puerto Rico. The Horizon Spirit serves as a drydock reserve ship in…

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