Government Update News


Post-Brexit: UK Chamber Calls for ‘Free Trade Commission’

Jun 25, 2016

UK Chamber of Shipping statement on the outcome of the EU ReferendumThe UK Chamber of Shipping remained neutral on the question of the UK’s membership of the EU but we recognise the decision of the British people.The chamber has always…

UK First to Accept Marine Geoengineering Amendments

Jun 25, 2016

The United Kingdom has become the first State to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.  The amendments support the precautionary approach by…

Brexit: What Next for Shipping Markets?

Jun 25, 2016

For many in shipping, the Brexit was unexpected. Many believe that Brexit’s impact on the shipping industry will be more or less neutral. The UK Chamber of Shipping remained neutral on the question of Britain's departure during the runup to the vote…

Denmark Adopts Digital Ship Certification

Jun 24, 2016

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition of certifying ships with paper certificates. Until now, ship certification typically involved printing…

World Stocks Tumble as Britain Votes for EU Exit

Jun 24, 2016

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge…

Brexit Could Cause an Exodus of UK Maritime Talent

Jun 24, 2016

The U.K.’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued by industry recruitment group Faststream earlier today. A survey to U.K. based maritime employees…

Promoting National Maritime Transport Policy in Saint Lucia

Jun 24, 2016

A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.  The workshop is aimed at highlighting the promotion…

ECB Reviews Shipping Loans

Jun 23, 2016

European Central Bank (ECB) kicked off a review into the risks of banks’ shipping exposure, Reuters reported. ECB is conducting an in-depth review of banks’ exposure in shipping amid rising provisions for bad debt in an industry still mired in crisis…

Bangladesh Ship Recycling Project Makes Good Progress

Jun 22, 2016

​Stakeholders have been updated on progress made by the safe and environmentally sound ship recycling in Bangladesh (SENSREC) project - Phase I. The project is being executed and implemented by  International Maritime Organization (IMO)…

UK Sets Pathway to Marine Engineering

Jun 20, 2016

The Lord Mayor of the City of London, Lord Mountevans, lent his weight to the launch of a new three-year project designed to inspire and engage young people across the U.K. in thinking about a future in marine engineering. It is being led by maritime charity Seafarers UK…

Amid Melting Arctic Ice, Kerry sees Looming Climate Catastrophe

Jun 19, 2016

Standing near Greenland's Jakobshavn glacier, the reputed source of the iceberg that sank the Titanic over a century ago, U.S Secretary of State John Kerry saw evidence of another looming catastrophe.Giant icebergs broken off from the glacier seemed to groan as they drifted behind him…

Countries Must Do More to help Greece with Migrant Crisis - U.N. chief

Jun 18, 2016

United Nations Secretary General Ban Ki-moon called on Saturday for countries to do more to help cope with Europe's migrant crisis, saying Greece could not manage on its own.Speaking in Athens before heading to the Greek island of Lesbos…

Brazil Fines Samarco 142 mln Reais for Damages

Jun 18, 2016

Brazil's Environment Ministry fined mining company Samarco 142 million reais ($41.6 million) for damages to three protected areas resulting from a tailings dam burst in November, the ministry said on Friday.The ministry said in a statement…

Strike at French Oil Hub near Marseille Ends

Jun 18, 2016

France's hardline CGT union ended on Friday a strike that had paralysed traffic for 26 days at the Fos Lavera oil terminals on the Mediterranean, the country's biggest oil hub, a management official at port operator Fluxel said.'Unloading resumed at the port at 9 p…

Indian Govt Mulls Logistic Parks to facilitate MTO

Jun 18, 2016

Government is planning to locate logistics parks next to ring road and by-pass roads in an effort to reduce pollution and traffic and facilitate multi-modal transport (MTO) across the country, said Honourble Union Minister for Shipping and road transport…

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