Government Update News

 

Panama Canal’s New Tolls Structure Approved

Aug 08, 2017

Modifications to the Panama Canal tolls structure have been approved by the Cabinet Council of the Republic of Panama. After a thorough analysis of the current utilization and productivity of the Neopanamax Locks, and after meetings with Panama Canal executives…

Egypt Aims to Reverse Bans on Agricultural Exports

Aug 08, 2017

Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries…

Cyber Threats Prompt Return of Radio for Ship Navigation

Aug 07, 2017

The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. Ships use GPS (Global Positioning System) and other…

Milaha Plans Base in Oman after Trade Hit by Diplomatic Rift

Aug 07, 2017

Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar after a diplomatic crisis in the region disrupted Qatar's trade. Milaha…

Iran's Chabahar Port will Start by 2018

Aug 06, 2017

The Indian Minister for Shipping Nitin Gadkari has said that the government is keen on developing Chabahar Port in Iran and is hopeful of starting operations by 2018.  Gadkari was in Teheran, to represent India at the taking over of office by President Hassan Rouhani for the second term…

India’s Major Ports Set for Capacity Augmentation

Aug 04, 2017

Master Plans have been prepared for all the 12 major ports  in India under Sagarmala Programme, and 142 port capacity expansion projects with total cost: Rs. 91,434 Cr (USD 14.25 billion) and capacity of 884 MTPA have been identified for implementation over the next 20 years…

Buzby Confirmed as MARAD Administrator

Aug 04, 2017

The U.S. Senate has confirmed Mark H. Buzby as the new administrator of the Maritime Administration (MARAD). MARAD executive director Joel Szabat had been serving in lieu of the administrator following the departure of outgoing administrator Paul “Chip” Jaenichen…

India Looks to Boost Domestic Cruise Industry

Aug 03, 2017

The government of India announced important steps in view to boost the domestic cruise tourism industry. It is estimated that on an average a cruise tourist spends about US$200-300 and a cruise staff/officer spends about US$100-150 per port visit…

State Minister Buchholz Visits the Port of Kiel

Aug 03, 2017

Dr Bernd Buchholz, Minister of Economics, Transport, Labour, Technology and Tourism in the Federal State of Schleswig-Holstein, paid an official visit to the port of Kiel on August 1st. During a tour of facilities the minister was briefed…

NYK to Pay $20 Mln for Cartel Conviction

Aug 03, 2017

Australia has fined and convicted Japanese shipping firm Nippon Yusen Kabushiki Kaisha (NYK) for operating as a cartel in relation to the transport of vehicles into the country, its competition regulator said on Thursday. The charges relate…

Chinese Port Operators Optimistic of Future

Jul 31, 2017

The outlook for global container port demand growth is now more optimistic, and Chinese players are on the acquisition trail in an aggressive and highly confident manner, said a report from Drewry.  Major M&A deals are changing the landscape…

Bahri Pushes for Saudi Arabian Entry to IMO Executive Council

Jul 30, 2017

Senior representatives from Bahri recently joined members of a Saudi Arabia delegation for board meetings of the International Maritime Organization (IMO), which took place at the agency’s headquarters in London. The meetings come as part of…

Port Canaveral Leads Congressional Briefing on Estuary Issues

Jul 28, 2017

Port Canaveral Environmental Director Bob Musser recently traveled to Washington, D.C. to brief the Congressional Estuary Caucus on the importance of the National Estuaries Program to the nation’s economy. Musser spoke at the Caucus’s third…

POLB Solicits Proposals For Zero-Emissions Technology

Jul 28, 2017

The Port of Long Beach, in partnership with the Port of Los Angeles, has released a request for proposals seeking demonstrations of technologies to upgrade tugboats, crew boats, barges and other harbor craft to cleaner engines. Harbor craft…

Iran's Chabahar Port Signs Pact with India Ports Global

Jul 27, 2017

India Ports Global has signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar - Shahid -Beheshti Port in Iran for transportation of goods and other purposes. 'As per Article 6 of the contract, effort…

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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