Government Update News

 

Pakistani Wheat Sold for Export Under State Incentive Program

Jan 31, 2018

Wheat from Pakistan wheat has been sold to overseas buyers after the country started a new state export incentive program, European traders said on Wednesday.Around four shipments of Pakistani wheat have been sold with two shipments said to be going to Kenya…

Britain Reviewing Risks to its Satellite-Reliant Infrastructure

Jan 30, 2018

Britain is reviewing its reliance on satellite-based technology for critical infrastructure including the Global Positioning System (GPS) as the threat of jamming attacks and disruptions grows, a government report said on Tuesday.Emergency services…

US Coal Firms Plead for West Coast Export Terminals

Jan 30, 2018

The ailing U.S. coal industry is ramping up its political and legal offensive to win approval for West Coast export terminals that could provide a lifeline to lucrative Asia markets. Coal producers filed two recent lawsuits against governments…

China Reveals “Polar Silk Road” in Arctic

Jan 26, 2018

China unveiled its ambitions to develop a 'Polar Silk Road' through the Arctic, joining a multinational race to exploit opportunities in the resource-rich region, as the shipping lanes opened up by global warming. China said it would encourage…

China Unveils 'Polar Silk Road' Arctic Vision

Jan 26, 2018

China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China…

Intermodal Terminal to Come Up in Uttar Pradesh

Jan 24, 2018

Inland Waterways Authority of India (IWAI) will construct Intermodal Terminal at Uttar Pradesh's Ghazipur and will be linked to both National Waterways-I (NW-1) or river Ganga and National Highway-19 - connecting Ghazipur to Patna - and help in movement of cargo…

Ecoslops for Feasibility Study on Suez Canal

Jan 23, 2018

Ecoslops announces that it has made further progress in its project to expand in Egypt by signing a Memorandum of Understanding (MoU) with the Suez Canal Economic Zone for the development of a detailed feasibility study. The potential for…

New Plan for Growth in the Danish Maritime Sector

Jan 23, 2018

The Government’s Plan for Growth in the Danish Maritime Sector positions the country to become a global maritime hub by 2025. The plan counts initiatives aimed at making Denmark a global frontrunner within tests of maritime autonomous technologies and maritime digitalisation…

National Maritime Center Closed Due to Gov't Shutdown

Jan 22, 2018

The National Maritime Center (NMC) issued a notice stating it is closed due to the government shutdown.The NMC said it is authorized to maintain a small cadre of personnel to support national defense-related credentialing issues.The…

Magufuli Bans Registration of Foreign Ships in Tanzania

Jan 19, 2018

Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity.The ban came after at…

Ocean Network Express Completes Merger Approvals

Jan 18, 2018

South Africa’s competition watchdog becomes final signatory allowing Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL ),  Nippon Yusen Kabushiki Kaisha (NYK ) merger, so that Joint venture (JV) can start operations on April 1. 'K Line…

Hawai‘i Breaks Ground for Kapalama Box Terminal

Jan 18, 2018

Hawai‘i Gov. David Ige and the Hawai‘i Department of Transportation (HDOT) Harbors Division broke ground for the Kapālama Container Terminal project, the largest capital improvement project in the history of the state’s commercial harbor system…

Finland Concerned over Rise in Russia's Cargo Ship Inspections

Jan 17, 2018

The Finnish government has voiced concern over surprise inspections on Finnish cargo ships visiting Russian ports in recent weeks, saying delays had been a problem for shipping companies. Neighboring Russia carried out seven thorough inspections…

Norway SWF Dumps 3 Shipping Firms

Jan 16, 2018

The Norwegian Central Bank  has decided to exclude ship owners Evergreen Marine Corporation, Precious Shipping, Korea Line Corporation and Thorensen Thai Agencies from the Government Pension Fund Global (GPFG).  The exclusion is based on…

Turkey Reveals Route for New Canal to Ease Bosphorus Shipping

Jan 15, 2018

Turkey announced on Monday the route for a planned canal that would reduce shipping traffic on the busy Bosphorus Strait and transform the European half of Istanbul into an island.Work on the 45-km (28-mile) Kanal Istanbul, linking the Black Sea and the Sea of Marmara west of the Bosphorus…

Logistics News

Hanwha Pledges $5B to Upgrade Philly Shipyard’s Capacity

Hanwha Pledges $5B to Upgrade Philly Shipyard’s Capacity

Terminal Portuario de Guayaquil Training Simulators Boost Efficiency, Safety

Terminal Portuario de Guayaquil Training Simulators Boost Efficiency, Safety

DFT Freight Predictions Signal End of Oil Era

DFT Freight Predictions Signal End of Oil Era

UAL Introduces New Shuttle Service for Southern Caribbean

UAL Introduces New Shuttle Service for Southern Caribbean

Subscribe for Maritime Logistics Professional E‑News

Sources say that Harvest Midstream, Jeff Hildebrand’s company, has agreed to purchase some MPLX assets for $1 billion.
Sources say that JD.com, a unit of China's largest tech company, JD.com, and two other companies plan to invest $1 billion in Singapore REIT.
Canadian Pacific joins Buffett to reject railroad consolidation and narrow merger prospects