Government Update News

 

India Signs MoU with Korea on Seafarers

Apr 10, 2018

India signed an MoU with the Republic of Korea (South Korea) on Mutual Recognition of Certificates of Competency of Seafarers. This paves the way for the two governments to mutually recognize  the certificates of  maritime education and training…

Pirate Attacks Worsen in Gulf of Guinea - IMB

Apr 10, 2018

A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce's International Maritime Bureau (IMB). IMB's Piracy Reporting Center recorded 66 incidents in the first quarter of 2018…

White House Adviser says Trump Could Seek Coalition on China Trade

Apr 09, 2018

U.S. President Donald Trump may be open to forming an international coalition to grapple with Chinese trade issues, his top economic adviser said on Monday, adding that it remained unclear whether the proposed U.S. tariffs on China would eventually materialize…

Indian Shipping Minister Nitin Gadkari to Visit South Korea

Apr 08, 2018

Nitin Gadkari, India's Union Minister of Shipping will be on an official visit to the Republic of Korea (South Korea) from today (9 April 2018). During the 4 day visit, Shri Gadkari will focus on taking forward the bilateral cooperation between India andKorea in shipping…

India Ports Register 4.77% Growth During 2017-18

Apr 06, 2018

The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year…

Trump Economic Adviser says U.S., China Trade Deal Likely

Apr 05, 2018

White House economic adviser Larry Kudlow on Thursday said he expects the United States and China to work out their trade differences over time and that trade barriers likely 'will come down on both sides.' 'There is a process here. There's going to be some back and forth…

Danish Projects Boost Maritime Digitalization

Apr 05, 2018

Digital nautical charts and better communication at sea are some of the concrete solutions that can boost the development of the maritime sector.Danish Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, is pleased with…

US Program Helps Ports Assess Cybersecurity

Apr 04, 2018

HudsonAnalytix, Inc. and its subsidiary HudsonCyber have completed a U.S. Maritime Administration (MARAD) Cargo Handling Cooperative Program (CHCP) grant to perform cybersecurity capability assessment workshops at three U.S. ports. HudsonAnalytix’s…

GAIL to Start Importing LNG Under Gazprom Deal

Apr 04, 2018

GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday GAIL signed a 2.5 million tonnes a year LNG import deal with Gazprom…

U.S. Commerce Chief Ross: China Trade Talks Likely

Apr 04, 2018

U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later. 'It…

China Importers Hope to Sell U.S. Cargoes After Tariff Move

Apr 04, 2018

Chinese importers expecting cargoes of U.S. commodities from beef to propane said they hope to sell the goods to South Korea or Japan after Beijing's decision to slap extra tariffs on a swathe of items from agricultural products to chemicals…

HII, KBR to Manage Aussie's Naval Shipbuilding College

Apr 03, 2018

Huntington Ingalls Industries announced that Australia’s Department of Defence has awarded a contract to Naval Shipbuilding Institute (NSI), a joint venture between HII’s Technical Solutions division and Kellogg Brown and Root’s (KBR) Government Services division…

China Hammers US Goods with Tariffs

Apr 02, 2018

China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the world's biggest economies in response to U.S. duties on imports of aluminium and steel…

UN Blacklists Dozens over North Korean Smuggling at Sea

Apr 02, 2018

The United Nations Security Council blacklisted dozens of ships and shipping companies on Friday over oil and coal smuggling by North Korea, boosting pressure on Pyongyang as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts…

Investments set Oakland Port on growth path

Mar 31, 2018

Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years.  The catalyst for growth: a nearly $700 million injection of capital from outside investors.  That’s the message Port of…

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