Government Update News

 

US Denies Request for Puerto Rico Shipping Waiver

Sep 26, 2017

The Trump administration on Tuesday denied a request to waive shipping restrictions to help get fuel and supplies to storm-ravaged Puerto Rico, saying it would do nothing to address the island's main impediment to shipping, damaged ports. The Jones Act limits shipping between coasts to U…

Bahri Showcases Latest Technologies and Achievements

Sep 25, 2017

Under the auspices of IMO Secretary-General, Bahri showcases latest achievements and technologies with Saudi Border Guard and Public Transport Authority Global transportation and logistics company Bahri said it participated in the General…

Cochin Shipyard Spreads its Wings

Sep 24, 2017

After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting…

Portland Receives $1.25 Mln Port Security Grant

Sep 21, 2017

Port of Portland said it will receive $1.25 million from the federal Port Security Grant Program to upgrade marine terminal security systems. Through the Area Maritime Security Committee, the port successfully applied for and received the…

Swedish Transportation Delegation Visits Seoul

Sep 19, 2017

Sweden’s Minister for EU Affairs and Trade to Seoul, Anne Linde, and a high level Swedish business delegation, including Seth Ryding, Head of APAC at Telenor Connexion, are invited as key partners for the Next generation transportation in Smart Cities summit in Seoul on September 20-21…

Australia Bans Bulker for Underpaying Crew

Sep 18, 2017

A Panama flagged bulk carrier, DL Carnation, has been banned from entering Australian ports for a period of 12 months after authorities uncovered a scheme which saw the vessel’s crew being intentionally underpaid. The Australian Maritime…

Garamendi Receives Navy League's Hirsch Award

Sep 18, 2017

U.S. Congressman John Garamendi (D-Fairfield, Davis, Yuba City, CA), Ranking Member of the Subcommittee on the Coast Guard and Maritime Transportation, received the Vincent T. Hirsch Maritime Award for Outstanding Leadership from the Navy League of the United States…

Japan's JICA to Fund India's Alang-Sosiya Shipyards

Sep 15, 2017

The Government of India signed a loan deal worth USD 76 million with Japan International Cooperation Agency (JICA), for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards.  The total cost of the project will be $ 111 million…

PD Ports Warns UK Against 'Brexit Blinkers'

Sep 14, 2017

In the week that global maritime leaders gave the UK a vote of confidence, naming it one of the world’s leading maritime centres, PD Ports is urging UK businesses not to develop ‘Brexit blinkers’ but instead to explore significant new global opportunities as the UK negotiates its exit from the EU…

Houthi Leader Says Could Target Saudi Oil Tankers

Sep 14, 2017

Yemen's Houthi leader Abdel-Malek al-Houthi said on Thursday his group could target Saudi oil tankers should Saudi Arabia attack Yemen's main port at Hodeida. 'We could target Saudi oil tankers and we could do anything, we have not done this before…

THE Alliance Sets $50 Mln Insolvency Contingency Fund

Sep 14, 2017

Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.  On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing…

Port of Saldanha’s New LPG Terminal Launched

Sep 13, 2017

A new open-access liquefied petroleum gas (LPG) plant has been opened at the Port of Saldanha on the West Coast of South Africa and will aid in increasing LPG's use in the national energy mix. Transnet National Ports Authority (TNPA) awarded…

India, Ukraine to Partner in Shipbuilding

Sep 12, 2017

A Ukrainian delegation led by its Deputy Minister of Economic Development and Trade Ms. Nataliya Mykolska, met Secretary, Ministry of Shipping Shri Ravikant in New Delhi  to discuss the potential for developing sustainable partnership between the two countries in the area of shipbuilding…

New Orleans' Big Plans Showing Dividends

Sep 12, 2017

A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers.  Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years…

Cyber Attacks Threaten Shipping & Dominate Maritime News

Sep 12, 2017

The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…

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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