Government Update News


$ 17.5 Bln Projects to be showcased at Maritime India Summit

Mar 10, 2016

Projects worth Rs. 1,20,000 Crore ($ 17.5 billion) to be showcased before potential investors at Maritime India Summit 2016, says Shri Nitin Gadkari Indian Government's Minister for Shipping, Road Transport & Highways, Nitin Gadkari said that projects in the ports and shipping sector…

China Bars North Korean Ship

Mar 10, 2016

Reuters reports that China’s Ministry of Transport has blacklisted 31 North Korean vessels in accordance with the UN Security Council resolution. China has barred a North Korean freighter from one of its ports. The country will start inspecting…

Approval for Piraeus Port Sale

Mar 09, 2016

The National Privatization Fund (TAIPED) sources said that Greece's Court of Audit has approved the sale of a 67 percent in the Piraeus Port Authority (OLP) to Chinese Cosco, according to Kathimerini. Greek national news agency AMNA also reported…

Norway’s Joint Submarine Plan

Mar 09, 2016

Norway is seeking partner countries for future submarine project in order to reduce cost and secure a robust submarine capability for the future, reports UPI. The current Norwegian Ula-class submarines will gradually reach their end-of-life in the 2020s…

India’s NUSI Warns of Oil Exploration Training Shortage

Mar 08, 2016

Indian shipping trade union the National Union of Seafarers of India (NUSI) has asked the Indian Ministry of Shipping for financial help toward the training of maritime workforce in oil exploration activities. The union’s General Secretary…

Two Indian Sailors Killed in Yemen Vessel Fire

Mar 08, 2016

Two Indian sailors were killed in a fire on board a vessel off Yemen while three Indians injured in the fire have been admitted to a hospital in Oman, Indian External Affairs Minister Sushma Swaraj said. Sharing the tragic news on twitter…

Belgium Ratifies Ballast and Recycling Conventions

Mar 07, 2016

Belgium became the latest country to ratify a key international measure for environmental protection, the Ballast Water Management (BWM) Convention, bringing the treaty within sight of meeting entry into force criteria. Aimed at preventing the…

Indian Budget Proposals for Maritime Sector

Mar 07, 2016

Finance Ministry Arun Jaitley in Union Budget for financial 2016-17 (Apr-Mar) has announced imposition of 14% service tax on services provided by domestic shipping companies transporting goods from outside India.  “The service tax on services…

Hong Kong Shipping Register Crossing 100 Million Gross Tonnage

Mar 07, 2016

The Hong Kong Shipping Register has  crossed of 100 million gross tonnage, informed the Secretary for Transport and Housing, Professor Anthony Cheung Bing-leung. To Hong Kong, it’s more than a vote of confidence, Anthony said.  Hong Kong’s maritime tradition is almost two centuries old…

Port of Melbourne Sale Soon

Mar 07, 2016

The Opposition Leader Matthew Guy says that critical laws to maximise the value of the lease of the Port of Melbourne are set to finally pass the state parliament this week, reports The Age. The Coalition has used their numbers in the upper…

Philippines Seizes North Korean Cargo Ship

Mar 06, 2016

The Philippines said on Saturday it had seized a North Korean freighter that was covered by harsher United Nations' sanctions against Pyongyang over its nuclear programme.Manila will also deport the vessel's 21 North Korean crew and will await a U…

Legislation Passed to Protect Great Lakes

Mar 05, 2016

The U.S. Senate has unanimously passed bipartisan legislation to reauthorize the Pipeline and Hazardous Materials Safety Administration (PHMSA) through 2019, in addition to improving safety and oversight. The bill increases standards for pipeline workers operating near or in the Great Lakes…

Thomas Global OpensNew Innovation Hub

Mar 04, 2016

Australian  Minister for Defence, Senator the Hon Marise Payne, has officially opened Thomas Global System’s new Electronic and Embedded Systems Innovation Hub. Thomas Global Systems is one of the thousands of small-to-medium enterprises…

Panama Canal Focuses on Services on Expanded Waterways

Mar 04, 2016

Today, the Panama Canal Authority (ACP) hosted an Open Forum, giving shipping line representatives and steamship agents the opportunity to discuss the Panama Canal’s services once the expanded waterway begins operations. The Forum, titled “Exchange…

AFP to Investigate Submarine Report Leak

Mar 03, 2016

The Australian Federal Police (AFP) will investigate the leak of classified documents about the timeframe for building Australia's new fleet of submarines. The Prime Minister Malcolm Turnbull ordered the investigation.  A report in The…

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