Regulation News


Trump names Panama Envoy, Talks Tough on Panama Canal

Dec 26, 2024

U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…

NTSB's Alvin Brown Appointed Vice Chairman

Dec 26, 2024

Alvin Brown, a member of the National Transportation Safety Board and former mayor of Jacksonville, Florida, was designated Friday, Dec. 20, 2024, by President Biden to serve as vice chairman of the independent safety agency. “I am honored to…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

BOEM Okays New England Offshore Wind Project

Dec 20, 2024

The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership…

ABS CEO Wiernicki Emphasizes Sustainable Shipping

Dec 19, 2024

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…

Germany's Wilhelmshaven Terminal offers May LNG Capacity

Dec 19, 2024

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location…

Trump Tariff Threat Lifts US Ocean Imports

Dec 18, 2024

When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana…

Biden's DoE LNG Export Study Tepid on New Permits

Dec 17, 2024

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits…

Western States to Ramp up Pressure on Russian 'shadow fleet'

Dec 17, 2024

Vessels of Russia's so-called shadow tanker fleet will be boarded or put on a sanctions list if they do not provide proof of insurance, Estonia's prime minister said on Tuesday.'Shadow fleet' refers to vessels used by Russia to move oil, arms…

US Study of LNG Exports due on Tuesday

Dec 16, 2024

President Joe Biden's administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said…

Car Carrier Vessel Market Outlook for '25 is Bearish

Dec 16, 2024

Political winds blowing a raft of new tariffs and incoming supply uptick suggests a volatile 2025 Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45…

House Oversight Committee Releases Memo on USCG Misconduct Probe

Dec 13, 2024

House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct…

Trump Signals Support for ILA Dockworkers

Dec 13, 2024

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…

Venture Global Louisiana Plaquemines LNG Plant "on track"

Dec 13, 2024

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG, according to data from financial group LSEG and energy analysts…

Sweden: New Offshore Wind not Commercially Viable

Dec 13, 2024

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…

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