Government Update News


China Fines 8 Global Shippers

Dec 28, 2015

China is going after container shipping lines for freight rate abuses. The Chinese Ministry of Transport has fined a total of $65 million on price-fixing charges. The National Development and Reform Commission said in a statement that the…

Alaska Awards Fugro for Ice Management

Dec 23, 2015

Alaska Governor Bill Walker announced Fugro as winner of the 2015 Governor’s North Star Award for International Excellence in the category of scientific exchange. The accolade follows the ‘Spotlight on Arctic Technology’ award announced during the annual Arctic Technology Conference last year…

China, South Korea Talk on Sea Boundary

Dec 23, 2015

China and South Korea held a key meeting seeking to resolve boundary issues in the Yellow Sea.  The Chinese delegation was led by Vice Foreign Minister Liu Zhenmin while South Korea was represented by 2nd Vice Foreign Minister Cho Tae-yul…

EC Warns Greece on Tonnage Tax

Dec 21, 2015

The European Commission has sent to Greece a set of proposals to ensure that state support to the maritime sector in Greece complies with EU state aid rules. In particular, the Commission found that current provisions may breach EU state…

Mission to Seafarers Responds to Singapore Strait Tragedy

Dec 21, 2015

Global maritime welfare charity The Mission to Seafarers outlines emergency support work with surviving crew members of the Thorco Cloud – a general cargo vessel which sank in the Singapore Strait after a collision on December 16. The other vessel involved…

BMT Isis Adds Marketing and Sales Director

Dec 18, 2015

BMT Isis, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has announced the appointment of Barry Flower as Marketing and Sales Director.  Flower has 25 years of experience in the…

Double Record set by Antwerp Port

Dec 18, 2015

The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set, with more than 9 million TEU (twenty-foot equivalent units…

Piraeus Port Privatization Bid Soon

Dec 18, 2015

As the pushed back the date - the Dec. 21 deadline - for the submission of binding bids for the sale of its biggest port Piraeus (OLP) approaches, the pace is picking up with binding bids, reports WSJ. Three of the world’s biggest port operators expected to submit their binding bids next week…

Brazil Prosecutors Charge 12 in SBM Offshore Graft Scheme

Dec 17, 2015

Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world's top leaser of oil production ships, and state oil firm Petroleo Brasileiro SA .  Police said they had four arrest orders as part of the scheme…

Orsel Joins ISWAN Board

Dec 16, 2015

The International Seafarers Welfare and Assistance Network (ISWAN) has announced that Karin Orsel has joined the board as a trustee. Orsel is the Chief Executive Officer of MF Shipping in the Netherlands, President of WISTA International, and Vice Chairman of the International Chamber of Shipping…

Creating History Indian PM Chairs Commanders’ Meet On Board INS Vikramaditya

Dec 15, 2015

Indian Prime Minister Narendra Modi presided over a combined commanders' conference  on Tuesday (December 16) morning aboard INS Vikramaditya, stationed about 40 nautical miles on the high seas. INS Vikramaditya is a modified Kiev-class…

China, South Korea Maritime Talks

Dec 15, 2015

China’s Foreign Ministry has confirmed that China and South Korea will hold their first round of talks on maritime delimitation over the Yellow Sea in the South Korean capital of Seoul on December 22. The talks, led by South Korean Second…

Setting Sail for 2017: A New Boost for European Shipping Policy

Dec 15, 2015

On the 8th of December European Community Shipowners’ Associations (ECSA) launched their proposals for the European Maritime Strategy 2017, which proposes actions in fields of short sea shipping, lifelong careers in the maritime industry, European leadership globally…

Full Speed Ahead with Climate-Change Measures at IMO Following Paris Agreement

Dec 15, 2015

The International Maritime Organization (IMO) has welcomed the historic achievement of the 2015 Paris Climate Change conference (COP21).  The Paris Climate Change Agreement identifies a clear goal of “holding the increase in the global…

Cosco, China Shipping Merger Gets Green Signal from Beijing

Dec 11, 2015

China State Council has given the go-ahead for country's two largest shipping conglomerates to merge, continuing a trend in the industry to trim down state-owned enterprises, reports Caixin Media. The China Ocean Shipping Co. (COSCO Group) and China Shipping Group Co…

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