Government Update News


Amid Falling Suez Canal Revenue, Egypt to get $1.2 bln IMF Boost

Jan 06, 2025

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…

BoatUS' Sensenbrenner Appointed to NBSAC

Jan 06, 2025

Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating safety…

US Port Labor Talks to Resume on Tuesday

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Additional Sanctions Possible for Russian Oil tankers

Jan 06, 2025

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.President Joe Biden's…

Philippines' Maritime, Air assets to watch China's 'monster ship'

Jan 06, 2025

The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China's largest coast guard vessel, calling the ship's presence an act of Chinese 'intimidation, coercion and aggression'…

Ship Brokers: EU's clean fuel rules 'Inflationary'

Jan 06, 2025

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…

USCG's MERPAC announces Advisory Committee Meeting

Jan 06, 2025

The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…

PDVSA 2024 Oil Exports Climb in Choppy Year

Jan 03, 2025

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas…

Great Lakes St. Lawrence Seaway System Issues Notice to Shipping

Jan 02, 2025

The Great Lakes St. Lawrence Seaway System as amended a Planned Outage at Lock 7.Mariners are advised of a revision to the preplanned closure at Lock 7 for the replacement of Gates 1 and 2. Due to environmental conditions, the closure will begin one day later…

FMC Updates Class Action Policies

Jan 02, 2025

The Federal Maritime Commission issued a policy statement today making clear it is an appropriate venue where private parties may bring class actions to resolve disputes covered by the statutes the agency administers.The guidance yields important…

Finland Grid Operator asks Court to seize Tanker

Jan 02, 2025

Finland's national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company's claim for damages related to the breakdown of the undersea Estlink 2 electricity interconnector…

US Dockworkers, USMX to Restart Contract Talks

Jan 02, 2025

The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, Bloomberg news reported on Thursday, citing a person familiar with the matter.Talks between the ILA, which represents more than 45…

Irish Coast Guard responded to 2,554 incidents in 2024

Dec 31, 2024

2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life…

FMC Announces Export Strategies Deadline

Dec 31, 2024

Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…

Remembering the service, sacrifice of the Merchant Marine

Dec 31, 2024

It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I can’t think of a more auspicious time…

Current News

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

As China's Economy Slows, So Too Does Dry Bulk Shipping

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