Government Update News


Buzby Sworn in as Maritime Administrator

Aug 16, 2017

Rear Adm. Mark H. Buzby, USN, Ret. has been sworn in as the Administrator of the Maritime Administration by U.S Secretary of Transportation Elaine L. Chao. As Maritime Administrator, Buzby will lead the agency tasked with promoting the use…

Milaha Launches Kuwait Service amid Diplomatic Crisis

Aug 16, 2017

Qatar Navigation (Milaha) , a top Doha-based shipping and logistics group, said on Wednesday it had launched a new container service to Kuwait amid a diplomatic crisis that has seen it lose access to regional trans-shipment hub, Dubai.Milaha will operate the weekly…

Cuban Trade with Venezuela Plunges over Two Years

Aug 15, 2017

Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown…

Iraq Minister Faces Questions over Trade Corruption Allegations

Aug 15, 2017

Iraq's parliament on Tuesday questioned acting Trade Minister Salman al-Jumali over corruption allegations linked to the ministry, mostly stemming from a deal to import Indian rice in 2016. The minister, a Sunni Muslim in a government dominated by Shi'ites…

Investors Enthusiasm in Cochin Shipyard

Aug 11, 2017

Indian government is committed for infrastructure development and the track record of last three years has increased the faith of the investors which has resulted in 76 times oversubscription of IPO of Cochin Shipyard (CSL), a government flagship company…

DOT Recommends FASTLANE Grant for Port of Indiana-Burns Harbor

Aug 11, 2017

U.S grant funds will support $19.7 million expansion of port's multimodal infrastructure The U.S. Department of Transportation (DOT) has recommended to Congress that the Port of Indiana-Burns Harbor receive one of 10 FASTLANE small project grants for 2017…

Ecochlor BWTS Receives USCG Type Approval

Aug 10, 2017

Ecochlor's patented BWTS has received USCG Type Approval. The Ecochlor BWTS uses a two-step process that includes filtration and treatment with chlorine dioxide (ClO2). It is completely effective on all aquatic invasive species regardless of water turbidity…

India to Push Shipping Sector

Aug 10, 2017

Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports.  142 port capacity expansion projects with an estimated cost of  INR 91,434 Crore (USD 14.3 billion)…

FMC Commissioner Doyle Weighs in on THE Alliance Proposed Amendment

Aug 10, 2017

Federal Maritime Commissioner William P. Doyle issued a statement addressing THE Alliance’s filing of an amendment to add further detail to protections in the event of an insolvency. I am pleased that The Alliance is seeking Federal Maritime Commission authority to form…

Argentina Cuts Tariffs on Used Oil Equipment Imports

Aug 10, 2017

Argentina's government published a decree on Thursday eliminating or reducing tariffs on imports of used equipment for oil and natural gas companies, a measure long sought by the industry, but it included requirements to buy some locally produced goods…

Ports Ponder Public Private Partnerships

Aug 09, 2017

Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…

Fate of Seine-Nord Canal Project Depends on Funding

Aug 09, 2017

A project to build a canal to link Paris with major harbours of northern Europe will depend on lining up the necessary funds, the French government said on Wednesday, without saying if it believed the finance could be found. France has long…

Maritime UK Chief Welcomes $8.6 Bln Infrastructure Project

Aug 09, 2017

Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…

Petrobras Authorized to Export Idle LNG Cargoes

Aug 09, 2017

Brazil's Petroleo Brasileiro SA has been authorized to export idle liquefied natural gas (LNG) in the spot market, according to the Wednesday issue of the official gazette.According to the text, Petrobras has been given the green light to export up to 6…

India Unveils Road Map for Cruise Operations

Aug 08, 2017

The Shipping and Road Transport and Highways Minister Nitin Gadkari has said that the Indian government is committed to creating the right environment for promoting cruise tourism in the country.  Speaking at Dawn of Cruise Tourism in India…

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