Government Update News

 

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…

India's 12 Major Ports Capacity Increased to 1,359 MT

Dec 28, 2017

The Ministry of Shipping has re-rated the capacities of all berths across 12 Major Ports in order to benchmark port capacities with global standards as per Berthing Policy, 2016.  The Re-rating exercise identified an additional capacity of 293MT available with the Major Ports…

Trade Wars: Goats Find New Russian Home

Dec 28, 2017

As the world becomes a more contentious place, a group of 1,000 French goats find themselves unlikely pawns in a trade spat inspired by trade sanctions on Russia.Russia banned the wholesale import of fresh food from the European Union, including dairy products…

Vietnam Sets Up Shipping Alliance

Dec 26, 2017

The maritime shipping crisis has forced shipping firms worldwide to join alliances to improve their competitiveness. Such alliances have also been set up in Vietnam. Vietnam National Shipping Lines (Vinalines) CEO Nguyen Canh Tinh said…

Denmark: New Regulations for Operating Personal Watercraft

Dec 24, 2017

When new regulations of the Danish Government become effective from 1 January 2018, operators of personal watercraft must complete a theoretical as well as a practical test. As part of the Danish Government’s efforts to enhance the safety of those using the sea for recreational purposes…

Saudi-led Coalition: Air Strikes Keep Port Open

Dec 20, 2017

More than 10,000 people killed in Yemeni conflict. The Saudi-led coalition fighting in Yemen said on Wednesday it would keep Yemen's Houthi-controlled Hodeidah port open for a month, despite a fresh missile attack at Riyadh, but it kept up air strikes that killed at least nine people…

Hoping to Extend Maritime Reach, China Lavishes Aid to Pakistan

Dec 19, 2017

China is lavishing vast amounts of aid on a small Pakistani fishing town to win over locals and build a commercial deep-water port that the United States and India suspect may also one day serve the Chinese navy. Beijing has built a school…

India Ups Import Tax on Petcoke in Blow to US Refiners

Dec 15, 2017

India has raised the effective import duty on petroleum coke to 10 percent from 2.5 percent, according to a government order, days after the government told a court it was in favour of curbing the use of the dirty-burning fuel.The duty has…

INS Kalvari Commissioned into the Indian Navy

Dec 14, 2017

The Prime Minister of India,  Narendra Modi commissioned INS Kalvari (S-21), the first of the six Scorpene class submarines built under Project 75 (Kalvari Class) into the Indian Navy at an impressive ceremony held at Naval Dockyard, Mumbai on 14 December 2017…

MPA Pumps $8.9 Mln More into Singapore's LNG Bunkering

Dec 14, 2017

The Maritime and Port Authority of Singapore (MPA) has injected another S$12 million (US$8.9 million) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. Half of this S$12 million has been set aside to co-fund the building…

West Coast Intermodal Update: Mario Cordero

Dec 13, 2017

POLB Executive Director Mario Cordero weighs in from his new West Coast chair, on the most pressing issues of the day. Arguably the industry authority from both the regulatory and commercial sides of the equation, his opinion carries weight and…

AMP Names Rep. Scalise ‘Champion of Maritime’

Dec 13, 2017

Honored for his support and dedication to the American maritime industry, U.S. Congressman Steve Scalise (La.) has been awarded the American Maritime Partnership’s (AMP)  2017 ‘Champion of Maritime’ Award.  Each year, AMP presents the ‘Champion…

Christophe de Margerie Moves 1st Yamal LNG Cargo

Dec 10, 2017

On 8 December 2017, the icebreaking LNG carrier Christophe de Margerie completed her first loading at the Port of Sabetta, on the Yamal Peninsular, with her first cargo of liquefied natural gas (LNG) produced at the Yamal LNG plant. The…

Denmark Calls for Regulation for Autonomous Ships

Dec 10, 2017

​Maritime regulation should be made more flexible if it is to support the development of autonomous ships. A new report published by The Danish Maritime Authority (DMA) identifies where changes in maritime regulation are needed. The report…

DMA Call for Various Certificates

Dec 07, 2017

Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority(DMA). The certificates must be renewed once a year when the underlying insurance expires. Ships that are required…

Logistics News

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

Doubling of US Tariffs on India Begin Wednesday

Doubling of US Tariffs on India Begin Wednesday

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