Government Update News


Karachi Port Signs MoU with Chinese Port Trust

Jun 01, 2015

The Karachi Port Trust (KPT) and Guangdong Transport Department, China signed a memorandum of understanding (MOU) for strengthening shipping connectivity and establishing cooperation.  The MoU was signed by KPT Chairman Vice Admiral Shafqat…

India Okays Deal on Indo-Bangla Coastal Shipping

Jun 01, 2015

The Indian government has approved an agreement on coastal shipping between India and Bangladesh for cheaper cargo movements between them.   “The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to the agreement…

Saudi-Indian Naval Ties Renewed

Jun 01, 2015

Reviving glorious memories of historic bonds and trade relations between Saudi Arabia and India that date back to the time of Prophet Muhammad  and beyond, an Indian sailing ship docked at Jeddah Islamic Port, reports Saudi Gazette. Relations…

Mexico Lifts Bidding Limits for First Batch of Oil Tenders

May 31, 2015

Mexico's oil regulator voted on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction of 14 shallow water fields.The July auction…

USS Montpelier Modernization Contract for General Dynamics

May 30, 2015

The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics…

Great Barrier Reef Kept Off UNESCO 'Danger' List

May 30, 2015

A heritage committee of the UNESCO cultural agency stopped short of placing Australia's Great Barrier Reef on an 'in danger' list, but the ruling on Friday raised long-term concerns about its future.The long-awaited ruling by UNESCO's…

Chile Customs Strike Ends After 8 Days

May 29, 2015

A customs strike in Chile that had held up exports and imports for over a week has ended after the union said on Friday it had come to an agreement with the government. Fruit and salmon exporters and small businesses who rely on import stock were particularly hard hit by the stoppage…

Mass. Maritime Taps McDonald as New President

May 29, 2015

EVP Fran McDonald tops a field of five; choice still must be approved by Massachusetts Board of Higher Education. Pending a confirmation vote by the Massachusetts Board of Higher Education (BHE), Francis X. McDonald has been selected as the 38th president of the Massachusetts Maritime Academy…

Imtech Appoints Neven as VP

May 29, 2015

Imtech Marine Canada has announced that Gerry Neven has been appointed as Vice-President, Industrial and Governmental Affairs.Neven, previously CEO/Managing Director of Imtech’s subsidiary Techsol Marine, will join the Imtech Marine Canada…

Iran, Oman Sign Maritime Agreement

May 29, 2015

Iran's Mehr news agency said that Iranian Foreign Minister Javad Zarif and Omani Foreign Minister Yusuf bin Alawi have announced that the two countries have agreed to demarcate a previously undefined stretch of maritime border. Zarif discussed…

DMCC, DMCA to Promote Dubai’s Maritime Sector

May 29, 2015

DMCC has signed a Memorandum of Understanding (‘MoU’) with the Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The…

WTO Launches Website for TFA Facility

May 28, 2015

The TFAF was created at the request of developing country and least-developed country (LDC) members to help ensure that they receive the assistance needed to reap the full benefits of the Trade Facilitation Agreement and to support the ultimate…

New EU Shipping CO2 Monitoring System

May 28, 2015

According to a new EU regulation, ship operators will be required to monitor, report and verify (MRV) CO2 emissions.   José Inácio Faria, Member, Group of the Alliance of Liberals and Democrats for Europe, European Parliament outlines the…

Chile Exporters Fret as Customs Strike Continues

May 27, 2015

A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted. The strike by customs officials, who say they…

Crown Prince Frederik to Attend the Danish Maritime Forum

May 26, 2015

Maritime key leaders, ministers and leading experts from all around the world will be accompanied by the Danish Crown Prince when they meet for the Danish Maritime Forum, October 7-8, 2015. “We are very proud to announce that the Danish Crown Prince will attend the Danish Maritime Forum…

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