Government & Regulations News - page 5


SHI to Pay $75m in Fine: US Justice Dept

Nov 24, 2019

South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme to pay millions of dollars in bribes to Brazilian officials to win a contract.“Samsung…

Hyundai Seeks EU's Ok to Acquire Daewoo

Nov 13, 2019

South Korea’s leading shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has submitted an application to the European Union for approval for its takeover of the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME)…

Hamburg Süd Announces EFF

Nov 03, 2019

German container shipping company Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG (Hamburg Süd) will introduce an Environmental Fuel Fee (EFF) effective 1 December 2019.According to a press release from the German carrier…

AAPA Says Senate Cuts Key Port Grant Program

Nov 01, 2019

The American Association of Port Authorities (AAPA) is very concerned with the U.S. Senate’s approval of a fiscal 2020 appropriations bill that cuts funding by more than two-thirds to a U.S. Department of Transportation Maritime Administration…

Teekay Resolves China LNG JV Issues

Oct 22, 2019

Teekay LNG’s 50/50 joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings, is also no longer classified as a “blocked person” under Office of Foreign Assets Control (OFAC) rules.According…

UK Focuses on Safety of Navigation

Oct 15, 2019

International Maritime Organization (IMO)'s rules and regulations for suppressing unlawful acts against the safety of navigation can be seen in the wider context of the global fight against terrorism.The United Nations Counter-Terrorism Committee…

BWM Convention Modification Enter into Force

Oct 14, 2019

The amendments to an international treaty aimed at preventing the spread of potentially invasive species in ships’ ballast water came into force yesterday (October 13), the International Maritime Organization (IMO) said.Ships regularly take on sea water…

Solvberg Appointed NPD Director General

Oct 13, 2019

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October…

Gothenburg Port Addresses Post-Brexit Challenges

Oct 08, 2019

It is now only weeks left until the UK leaves the EU. According to the current timetable, this will take place on 31 October. The question of Brexit is raised in the Port of Gothenburg.Although the road leading to this point has been long and at times rocky…

FERC Approves Plaquemines LNG Facility

Oct 07, 2019

The US Federal Energy Regulatory Commission has approved the construction of Venture Global's proposed $8.5 billion Plaquemines liquefied natural gas export facility in Louisiana.  Venture Global LNG to build an LNG Plaquemines export terminal…

UN Hails Shipping Progress on Environment

Sep 25, 2019

In a cautious yet upbeat message at the close of the Climate Action Summit in New York, UN Secretary-General Antonio Guterres praised the progress made by shipping in the race against the climate crisis, describing it as a 'huge step up'.He…

Eagle LNG Project Clears FERC Hurdle

Sep 24, 2019

The U.S. Federal Energy Regulatory Commission (FERC) has issued the order granting authorization for siting and constructing of the proposed on-water Jacksonville liquefied natural gas (LNG) Export Facility, developer Eagle LNG Partners LLC announced…

West Coast Ports Urge Trump to Address Trade War

Sep 24, 2019

The six largest West Coast ports — Port of Long Beach, Port of Los Angeles, Port of Oakland, Port of Portland, Port of Seattle and Port of Tacoma — sent a letter to President Donald Trump to pursue fair and mutually beneficial trade agreements…

US Fines HHI $47Mln Over Dirty Engines

Sep 20, 2019

US authorities announced that South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules.US Justice Department and and the U…

Australia Bans Two Bulkers Over Mariner Pay Spat

Sep 16, 2019

The Australian Maritime Safety Authority (AMSA) has banned two foreign-flagged bulk carriers from Australian ports after their crews reported being underpaid.The Chinese-owned bulk carrier MV Xing Jing Hai and the Panama-flagged MV Fortune Genius were banned for 18 months and 12 months respectively…

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