Government Update News

 

India Approves Change of Status for Marine Body IALA

Oct 11, 2017

The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) to change its status from Non-Governmental Organization (NGO) to Inter-Governmental Organization (IGO)…

Congo Lifts Ban on Raw Metal Exports by Chinese JV

Oct 11, 2017

Congo's government has lifted an order requiring a joint venture of Chinese investors to stop exporting raw copper and cobalt, the mines ministry and the company said on Wednesday. Democratic Republic of Congo's mines minister Martin Kabwelulu last month ordered Sicomines…

FMC's Doyle Weighs in on U.S. Merchant Marine, 2017 Hurricane Relief Efforts

Oct 06, 2017

Today's address by FMC commissioner William P.Doyle brought transparency to the massive U.S.-based efforts expended during this hurricane season at the 17th Annual Port Industry Day conference in Jersey City, NJ. Good Morning New York and New Jersey…

Palau Announces Fleet Increase

Oct 05, 2017

The Palau International Ship Registry has recently seen a strong increase in its fleet size as more shipowners and operators look to become a part of the new breed of smart registries. As the Palau flag starts appearing on more vessels the appeal…

Cabinet Approves Renaming of Kandla Port

Oct 04, 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the renaming of Kandla Port as Deendayal Port.  Ports in India are generally named after the city or town in which these are situated…

Foss Joins FEMA's Hurricane Relief Operations

Oct 04, 2017

Foss Maritime Company said it has contracted with the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) to support the relief and rebuilding efforts in Puerto Rico and the U.S. Virgin Islands following Hurricane Irma and Hurricane Maria…

India Cuts Excise Duty On Petrol and Diesel

Oct 03, 2017

India on Tuesday cut excise duty on petrol and diesel by two rupees a litre to protect retail consumers from higher global crude oil prices, the government said.The new excise duty will be effective from Oct. 4, the Finance Ministry said in a message on Twitter…

Locks Failure Highlights US Infrastructure Woes

Oct 02, 2017

The Ohio River was closed to commercial navigation on Monday near Brookport, Illinois, after a hydraulic system used to open and close lock gates at lock and dam 53 failed, the Waterways Council said. A queue of more than 65 towboats was waiting to pass through the area on Monday morning…

More Fuel on the Way to Puerto Ricans

Oct 02, 2017

Puerto Rico Governor Ricardo Rossello reported progress in getting fuel supplies to the island's 3.4 million inhabitants on Monday as they faced a 13th day largely without power after the U.S. territory was devastated by Hurricane Maria.'We've…

Work Begins at Wardha Dry Port

Oct 01, 2017

The Indian Minister of Shipping Nitin Gadkari will perform the Bhoomi Poojan (Ground breaking ceremony) the Wardha dry port at Sindi (Railway) in Wardha, Maharashtra on 2nd October, 2017.   The Dry Port is being developed by the Jawaharlal…

SUNY Maritime Training Ship Sent to Puerto Rico

Sep 29, 2017

SUNY Maritime College’s Training Ship Empire State VI will soon sail to Puerto Rico to aid in the recovery efforts and to deliver basic necessities to the island’s residents.The U.S. Department of Transportation’s Maritime Administration (MARAD)…

BPA Calls for Debate on Free Ports Policy

Sep 28, 2017

The British Ports Association has called for a new debate on a free ports policy following a report from trade specialists Crowe Clark Whitehill LLP. Commenting on the ‘Free Trade Zones: Part of the UK’s post Brexit international trade strategy’ report…

Reps. Hunter, Garamendi Concerned over Jones Act Waiver

Sep 28, 2017

Congressman Duncan Hunter (R-CA) and John Garamendi (D-CA), Chairman and Ranking Member respectively of the Subcommittee on the Coast Guard and Maritime Transportation, raised concerns today over the Trump Administration’s decision to issue…

Trump Waives Jones Act for Puerto Rico Relief

Sep 28, 2017

President Trump has waived shipping restrictions for Puerto Rico on Thursday at request of the island's governor Ricardo Rosselló and after an outcry from Congress about the scarcity of fuel, food and emergency supplies following Hurricane Maria…

Kandla Port Renamed as Deendayal Port

Sep 26, 2017

The Indian Ministry of Shipping has issued a notification renaming Kandla Port Trust as Deendayal Port Trust with effect from 25th of September, 2017.  Kandla Port, located on the Gulf of Kutch in Gujarat, is one of the twelve major ports in the country…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

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

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