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Government Update News

 

US Soy Cargo Set to Head for Singapore after China Offload

Jul 02, 2018

A vessel carrying over 70,000 tonnes of U.S. soybeans is expected to head towards Singapore after apparently offloading some of its cargo at the Chinese port of Tianjin, according to shipping data on Thomson Reuters Eikon The Aeolian Fortune…

USMMA Class of '22 Arrives for Indoctrination

Jun 29, 2018

The U.S. Merchant Marine Academy at Kings Point (USMMA) welcomed 280, Class of 2022 “plebe candidates” for initial training today.  The nearly 20-day orientation period known as Indoctrination, or Indoc, teaches plebe candidates the basics of maritime and regimental life at USMMA…

Long Beach, Oakland Port Bosses Seek Help

Jun 29, 2018

Mario Cordero, Chris Lytle want policy and funding for clean air, infrastructure. Two of this nation’s highest-ranking port executives want continued government support for maritime industry clean air efforts and infrastructure development…

UK Powers into Paris MoU Top 5

Jun 29, 2018

Consistent high performance by the UK Ship Register has seen it rise four places in the world under standards set by the Paris Memorandum of Understanding (MoU).It means the UKSR is now fifth under an assessment based on the total number…

ClassNK Releases Annual Report on Port State Control

Jun 27, 2018

Leading classification society ClassNK has released its annual report on Port State Control. The report aims to assist ship operators and management companies in maintaining compliant operations by providing information about ships detained…

India's ‘Sagarmala’ Receives Gold Award

Jun 27, 2018

Indian Ministry of Shipping’s flagship program for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ in infrastructure sector in the recently concluded 52nd Skoch Summit 2018 in New Delhi, recognizing the programmes’s contribution to…

U.S. Coal Cargo Reaches China, Beating Import Tariff Deadline

Jun 27, 2018

A vessel carrying 164,000 tonnes of coal from the United States reached Caofeidian port in northern China on Tuesday, Thomson Reuters Eikon ship tracking data showed. The vessel named Partnership is on schedule, while Beijing plans to impose steep tariffs next month on a list of U…

Maersk Line to Comply with U.S Sanctions on Iran

Jun 27, 2018

Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U…

Canada Dreams of Oil Exports to Asia, but California Beckons

Jun 26, 2018

The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States - but the most likely destination for much of that oil is California. Faced with declining…

William Bergeron to Receive C. Alvin Bertel Award

Jun 26, 2018

The World Trade Center of New Orleans announced William T. “Bill” Bergeron, CEO of Bergeron Resources, L.L.C. & Affiliated Companies, as the recipient of the 2018 C. Alvin Bertel Award. The C. Alvin Bertel Award was established in 1967 and is…

Panama Canal Expansion Marks Second Anniversary

Jun 26, 2018

Today marks Panama Canal's two-year anniversary of the inauguration of its Canal Expansion. It is the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels.The performance…

Migrants Rescued by Boxship Land in Sicily

Jun 26, 2018

More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday. The new Italian government has closed its ports to ships operated by charities in the Mediterranean…

French Union Calls for June 28 Port Action

Jun 26, 2018

France's CGT union says it is calling on port workers across the country to down tools on June 28 and join a protest against the policies of the government. Thursday's action coincides with the end of three months of rolling train strikes…

Suez Canal Seeks 300 mln euro Loan

Jun 26, 2018

Egypt's Suez Canal Authority is seeking a 300 million euro ($350.19 million) loan from Gulf banks, three senior banking sources told Reuters on Tuesday. The loan will be used to finance the purchase of two new dredgers, the sources said…

SC Ports CEO Sounds Off on Southern States Chassis Pool

Jun 25, 2018

South Carolina Ports Authority president and CEO Jim Newsome has issued the following statement on the proposed new chassis pool structure to be known as the Southern States Chassis Pool:  “The South Atlantic Chassis Pool was formed in 2006…

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

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