Government Update News

 

Tajikistan to Use Caspian Sea

Jan 14, 2018

Tajikistan is interested in supplying cargoes to international markets through the Caspian Sea, Ambassador Extraordinary and Plenipotentiary of the Republic of Tajikistan to Azerbaijan to Azerbaijan Soli Rustam said during his visit to the Azerbaijan Caspian Shipping Company (ACS)…

Canada Unveils New Arctic Shipping Safety Regulations

Jan 14, 2018

Canada's Arctic is a vast and diverse region that is an integral part of this country. Marine transportation in the Arctic connects Canada to other countries and provides an essential lifeline for northern communities. To uphold the Government…

Road Map to Boost Singapore Maritime Industry

Jan 12, 2018

Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception.  Developed…

Mansukh Mandavia Inspects Kolkata Port, IWAI Jetty

Jan 12, 2018

Indian Minister of State for Shipping, Mansukh Mandaviya inspected the facilities and ongoing projects at Kolkata Port Trust and GR Jetty of Inland Waterways Authority of India.  Mandavia visited Netaji Subhas Dock at Kolkata Port Trust…

Japanese FM Visits Colombo Port

Jan 11, 2018

Japanese Foreign Minister Taro Kono has visited the port of Colombo in Sri Lanka. Kono was briefed by Sri Lankan government officials about a project under consideration to expand the port. The Japanese Foreign Minister  also visited the…

Chabahar Port "Win-Win" Situation for India, Iran

Jan 10, 2018

Chabahar Port was very important for both India and Iran, and offered a win-win situation to both countries, Indian Minister of Shipping Nitin Gadkari said. A government press release said that Gadkari held bilateral talks with Dr Abbas Akhoundi…

Jo Johnson Becomes UK Shipping Minister

Jan 09, 2018

UK Prime Minister Theresa May reshuffled the cabinet replacing John Hayes as the shipping minister with Jo Johnson. UK Prime Minister on Twitter said: 'Jo Johnson MP becomes Minister of State at the Department for Transport and Minister for London…

Korea to be Shipbuilding Leader Again: President

Jan 07, 2018

South Korean President Moon Jae-in stated that the technological prowess and competitiveness of Korean shipbuilders, assuring them that, “Korea can become a global shipbuilding leader once again.”  President Moon was visiting Daewoo Shipbuilding and Marine Engineering`s Okpo Shipyard in Geoje…

Indian Ports Register Positive Growth of 3.64%

Jan 05, 2018

The major ports in India have recorded a growth of 3.64% and together handled 499.41 Million Tonnes of cargo during the period April to December, 2017 as against 481.87 Million Tonnes handled during the corresponding period of previous year…

Port Development: 2018 Will Be Transformative - Ince & Co

Jan 04, 2018

International law firm Ince & Co has advised port operators to expect a year of transformation in 2018, as shifting economic trends, trade flows and global demographic patterns, in tandem with changes in port ownership and ongoing investment…

Washington State Sued for Blocking Coal Exports to Asia

Jan 03, 2018

A company that planned to build a coal export terminal in the Pacific Northwest to ship western U.S. coal to Asian markets sued the state of Washington on Wednesday for blocking construction last year. Lighthouse Resources Inc filed a lawsuit…

Maharashtra to Modernize Ports

Jan 02, 2018

The Indian Government has taken steps to expand and modernise the posts in the state of Maharashtra. The Minister of State for Shipping Mansukh L Mandaviya has informed that at present, there are two major ports and 48 minor ports (non-major ports) in Maharashtra…

FMC Approves Filings by the New York Shipping Exchange

Jan 02, 2018

In December 2017, the U.S. Federal Maritime Commission voted to allow the New York Shipping Exchange (NYSHEX) to move forward with two agreements it filed pursuant to the Shipping Act. The first filing is based on an agreement by ocean common carriers to participate on the NYSHEX Exchange Board…

Iran Oil Production, Exports Not Impacted by Protests

Jan 02, 2018

Iran's crude oil production and exports have not been impacted by the unrest spreading across the country, Iranian oil and shipping sources said on Tuesday, as a crackdown intensified against anti-government demonstrations that began last week…

Guyana Government Goes with ExxonMobil

Dec 31, 2017

Guyana's Minister of Natural Resources, Raphael Trotman said while there is no perfect contract, the government is comfortable with the terms and conditions spelt out in the Stabroek Petroleum agreement between itself and ExxonMobil and prefers a long-term…

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

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