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…
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…
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…
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…
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…
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…
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…
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'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'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…
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…
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…
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…
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…
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…
