Government Update News


FMC Oks Virginia/Georgia Port Agreement

Apr 07, 2017

Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational topics as a result of the U.S. Federal Maritime Commission (FMC) voting to allow the 'East Coast Port Gateway Terminal Agreement' to go into effect…

Greece Asks Investors to Improve Bids for Thessaloniki Port Sale

Apr 07, 2017

Greece's privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port.Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port…

The Institute Increases Access to Resources in China

Apr 04, 2017

The Institute of Chartered Shipbrokers (The Institute) has signed a strategic agreement with China's Ministry of Transport & Shanghai International Shipping Center to expand the delivery of its professional education services.It promotes co…

Singapore, Japan to Collaborate in Development of Ports

Apr 03, 2017

Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Cooperation (MOC) with the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) at the sideline of the International Symposium on LNG bunkering in Yokohama…

Indian Ports to Introduce RFID System

Apr 02, 2017

India's  all major ports have been asked to put in place the RFID system to ensure real-time tracking of vehicles and men at ports. 'All major ports have been directed to implement RFID (Radio-Frequency Identification) system by March 31…

Capacity Augmentation in Indian Ports

Mar 30, 2017

Ports development and capacity augmentation is a continuous process in India, says the ministry of shipping. Government is regularly monitoring the Port projects to modernize and upgrade to increase capacity of the Major Ports and also…

Argentine Port Workers Suspend Strike after Protester Run Over

Mar 30, 2017

Port workers in Greater Rosario, from where 80 percent of Argentina's grains is shipped, suspended plans for a 24-hour strike on Thursday after a truck driver ran over and killed a protester, a union leader said.The driver drove through a line of protesters and had been drinking alcohol…

India Boosts Shipping Industry

Mar 29, 2017

The Expansion, modernization and upgradation of shipping infrastructure in India is an on-going process to keep the ports abreast with new technologies and also to promote trade and cargo.  The Government is committed to provide best possible infrastructure facilities to Indian shipping industry…

Indian Waterways Development in Big Way

Mar 29, 2017

The ongoing project on national waterways ‘Jal Marg Vikas’ is a Rs 5,400-crore World Bank funded project on the Ganga, being developed between Allahabad and Haldia to cover a distance of 1620 km. The Jal Marg Vikas Project (JMVP) for…

PDVSA Says Oil Shipments Unaffected by Port Spill

Mar 29, 2017

Venezuela's state oil company PDVSA said on Wednesday a spill at its main exporting port Jose had been halted without any impact on crude shipments from the terminal.'Operations of production and shipment of crudes from the Hugo Chavez Orinoco…

BPA Comments as EU Port Services Regulation Enters Into Force

Mar 27, 2017

Following much debate the EU Port Services Regulation (PSR) finally came into force today. EU member states will be required to implement the legislation within two years of this date meaning that the PSR will be effective from March 24, 019…

Sri Lanka Wants to Reduce China’s Stake in Strategic Port Deal

Mar 27, 2017

Sri Lanka's government wants a Chinese company to agree to cut its stake in a strategic port project by up to a quarter, as part of a renegotiation aimed at blunting public and political opposition to the deal.After signing an agreement in December…

Singapore Approves Japan Shipping JV

Mar 26, 2017

The Competition Commission of Singapore (CCS) has given the nod to a proposed joint venture between three Japanese shipping lines. Japan’s big three shipping groups, Kawasaki Kisen Kaisha (K Line), Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK)…

Gazprom to Cement LNG Ties with Kuwait

Mar 25, 2017

Russia-based energy company Gazprom has negotiated about supplies of liquefied natural gas (LNG)  to Kuwait, reports Tass. The talks continue in 'a rather progressive mood,'during the the Energy Minister Alexander Novak’s visit to the Middle East country…

Doyle Urges 2M Partners to Honor Their Commitments

Mar 23, 2017

Commissioner William P. Doyle of the U.S. Federal Maritime Commission (FMC) calls for honoring commitment to shipping public, American businesses and consumers. In mid-December 2016, Maersk Line announced that, together with its 2M Alliance partner Mediterranean Shipping Company (MSC)…

Current News

LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds

Sara Fuentes Named as President of Transportation Institute

U.S. Coast Guard Counters Maritime Threats With New Special Missions Command

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

Subscribe for Maritime Logistics Professional E‑News