Government Update News

 

India: Locally Built Ships Priority in Chartering

Feb 19, 2019

The government of India has revised guidelines for chartering of ships by providing the right-of-first-refusal (RoFR) to ships built within the country, a move to promote the Make in India initiative and incentivise shipbuilding activity.Henceforth…

Vens Close Maritime Border with Dutch Antilles

Feb 19, 2019

Venezuelan authorities have closed the maritime border with the Dutch Antilles, a regional navy chief told Reuters on Tuesday, preventing boats and aircraft from arriving from the islands of Aruba, Curacao and Bonaire.Vice Admiral Quintero Martinez did not give a reason for the closure…

New Round of U.S.-China Trade Talks Kicks Off Today

Feb 19, 2019

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday.The talks follow a round…

Indian Seafarers Employment Soared 35% in 2018

Feb 15, 2019

The number of Indian seafarers employed on Indian or foreign flag vessels increased by 35 per cent in 2018 on the back of a series of measures taken in the last four years, said the shipping ministry. 'The shipping sector has witnessed an unprecedented…

WCI Honors Senator Duckworth

Feb 15, 2019

On February 12, 2019, Senator Tammy Duckworth (D-IL) received Waterways Council, Inc.'s (WCI) 18th Annual Leadership Service Award for her continual championing of ports and inland waterways. She was presented the award by Wade Beasley, Business Representative…

Mnuchin: China Talks "So far, so good"

Feb 13, 2019

U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute.'So far, so good,' he said when asked by reporters on how the meetings in Beijing went…

Hapag Lloyd CEO: Trade Spats Could Dampen Shipping Growth

Feb 13, 2019

An escalation of tariff wars between China and the United States could dampen growth in international container shipping as operators pre-emptively brought forward business in the second half of last year, Germany's Hapag Lloyd said.'Many customers tried to get their goods through to the U…

U.S. Soybean Inventories at Record Levels

Feb 08, 2019

U.S. soybean supplies as of Dec. 1 were the biggest on record as demand for the oilseed fizzled amid a trade war between the United States and China, the U.S. Agriculture Department said on Friday.USDA also trimmed its forecast of the U.S. soybean crop harvested last fall to 4…

Statement on New Measures to Protect North Atlantic Right Whales

Feb 08, 2019

The Chamber of Marine Commerce is issuing the following statement in response to the announcement by Transport Canada and Fisheries and Oceans Canada on shipping mitigation measures in the Gulf of St. Lawrence to help protect North Atlantic Right Whales…

Int'l Ice Patrol Resumes Operations for 2019 Season

Feb 08, 2019

The Coast Guard International Ice Patrol announced it has commenced operations for the 2019 ice season as of Feb. 5, 2019 and will resume production of the North American Ice Service (NAIS) daily iceberg warning products from its operations center in New London…

EU Defends Publishing Emissions Data to Drive CO2 Cuts

Feb 07, 2019

Publishing data about the emissions of all ships calling at EU ports, as proposed by the European Commission, will incentivize shipping companies to cut their CO2 while also better informing regulations to reduce emissions, green NGO Transport & Environment (T&E) has said…

Sri Lanka Port Strike Ends

Feb 05, 2019

Sri Lankan customs officers on Tuesday called off a strike that left 6,000 containers stranded at the country's main port and put pressure on food prices, after the government agreed to reinstate their boss for three months.The strike by thousands…

Global Ports Signs 30 Year Deal in Antigua

Feb 04, 2019

Cruise port operator Global Ports Holding (GPH) has signed a 30-year concession agreement with the government of Antigua and Barbuda for cruise port operations in Antigua on an exclusive basis.The concession also includes certain retail outlets in the project area…

India Pitches for Blue Economy

Feb 01, 2019

The government of India has allocated a budgetary support of USD 266mln to shipping sector in the interim budget presented by Interim Finance Minister Piyush Goyal.The government has pitched for development of India’s Blue Economy with the Finance…

Venezuela Government Threatens to Board Tanker to Have Fuel Discharged

Jan 31, 2019

Venezuela's intelligence police and the National Guard threatened on Thursday to board a tanker docked at state-run PDVSA's Cardon port to pressure the vessel's crew to discharge diesel sold by U.S. refiner Citgo Petroleum, according to four sources…

Logistics News

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

France Selects Five Ports for $300M Floating Wind Investment

France Selects Five Ports for $300M Floating Wind Investment

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

Travis Niederhauser Appointed Company President at Phoenix

Travis Niederhauser Appointed Company President at Phoenix

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