Ferry routes between Great Britain and Northern Ireland have been safeguarded, thanks to a multimillion-pound government scheme to help ensure critical freight can continue to move into and across the union.The package, worth up to £17 million ($21 million)…
The United States should work to achieve a single, comprehensive agreement with Kenya that removes barriers to trade and investment, instead of pursuing a phased approach, the U.S. Chamber of Commerce said in a document viewed by Reuters.In comments submitted to the U…
The marine transportation system (MTS) is critical to both our national security and economic prosperity. The U.S. Coast Guard has an enduring responsibility to safeguard the MTS and enable the uninterrupted flow of maritime commerce. While…
The U.S. Centers for Disease Control and Prevention extended its “no sail order” for all cruise ships, as it looks to prevent the spread of the novel coronavirus pandemic.The new CDC order says that cruise ships have to cease operations for up to 100 days…
The U.S. Coast Guard is giving additional time for vessels impacted by the COVID-19 pandemic to comply with regulations requiring ballast water treatment systems (BWTS) to be installed on board.Recognizing the impact of public health policies…
Admiral James Steele Gracey, USCG (retired), 17th Commandant of the Coast Guard, passed away on Sunday, April 5, 2020, in Falls Church, Va., at the age of 92.Born in Newton, Mass. in 1927, Adm. Gracey graduated from the United States Coast Guard Academy in 1949…
The U.S. government said on Monday it has not yet received requests to waive a 100-year-old law on shipping goods between domestic ports, despite some interested parties who say temporarily lifting the regulation would help energy companies hurt by the oil price plunge…
United Nations shipping agency the International Maritime Organization (IMO) has echoed industry calls for governments to grant special travel exemptions to seafarers in response to the COVID-19 pandemic.In a Circular Letter (link) issued on Monday…
The Federal Maritime Commission issued an order authorizing Commissioner Rebecca Dye to identify operational solutions to cargo delivery system challenges related to Coronavirus-19.The Order notes that “Recent global events have only highlighted…
Greece plans to sell majority stakes in four ports as part of a privatization plan agreed with its lenders after the country exited the bailouts in 2018, a document of its privatization agency (HRADF) showed on Tuesday.HRADF will sell majority stakes in the share capital of Alexandroupolis…
South Africa's main export terminals will be closed to mineral exports from midnight on Thursday when a nationwide 21-day lockdown over coronavirus begins, disrupting copper supply chains linking major producer Zambia to Asian consumers.Miners…
Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a further four years until 2024 because this leads to lower prices and better consumer services, EU antitrust regulators said on Tuesday.First adopted in 2009 and extended for five years in 2014…
A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday…
As many markets struggle to find their footing in the face of the global COVID-19 pandemic, a recent podcast with Martin Muhleisen, director of the IMF's Strategy, Policy, and Review department, helps to lend insight and perspective from the view of the International Monetary Fund…
China's iron ore futures erased earlier losses to end flat on Thursday, regaining support as miner Vale SA said it may temporarily halt activities at its Malaysian distribution center as a safety measure against the coronavirus pandemic.Iron…