Government Update News

 

India: The Admiralty Bill 2017 Gets Upper House Nod

Jul 24, 2017

Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, introduced during the Winter Session of Indian Parliament came up for discussion in the Rajya Sabha (Upper House) and was passed unanimously by the house.  The Bill…

French and Filipino Firms Bid to Operate Bissau Port

Jul 24, 2017

French firm Necotrans and the Philippines' International Container Terminal Services submitted bids on Monday to operate Guinea Bissau's main port, the transport minister said, as the government looks to cede control to a private operator.The main port in the capital Bissau…

India Government Sops for Ship-Repairing Facilities

Jul 20, 2017

In order to promote ship building and ship-repair industry in India, the government has formulated a policy of financial assistance for shipbuilding for a period of ten years for contracts signed between 1st April, 2016 and 31st March, 2026…

Trade Flows Eliminate US Gasoline Surplus

Jul 20, 2017

The U.S. gasoline surplus has disappeared thanks to a sharp drop in prices which has caused imports from Europe to slow and exports to Latin America and other markets to accelerate since the start of June.U.S. refineries are processing record…

Maersk Temporarily Exempt from Service Contract Filings

Jul 20, 2017

I voted in favor of Maersk Line A/S’ petition for Temporary Exemption Service Contract Filings as a result of the so-called Petya virus which severely disrupted Maersk’s information systems, including the system that stores service contract data…

Russian Think Tank: Oil Exports to Decline in 2017

Jul 19, 2017

A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise…

US Officials Demand 'More Fair' China Trade Links

Jul 19, 2017

U.S.-China economic talks appeared off to a contentious start on Wednesday as senior Trump administration officials demanded a 'more fair' China trade relationship while both sides canceled news conferences previously planned to discuss outcomes…

DHS Custom Passenger Ferry Launched

Jul 19, 2017

Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017.  This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered in the fall 2017 to service the New York and Connecticut waters…

DMCA Shares Maritime Experience with Abu Dhabi

Jul 18, 2017

The Dubai Maritime City Authority (DMCA) shared its renowned experience in implementing world-class maritime registration and licensing services with the Department of Municipal Affairs and Transport in Abu Dhabi (DMAT) during their recently held meeting…

India Approves Major Port Authorities Bill

Jul 18, 2017

The government of India has approved a draft bill to empower 12 major ports in India by providing them full autonomy in decision-making for greater efficiency. According to Union Minister of State for Shipping Mansukh Lal Mandaviya, the Major Port Authorities Bill…

US Outlines Priorities for NAFTA Negotiations

Jul 17, 2017

The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement and said it would focus on ensuring better access for U.S. goods exported to Canada and Mexico in order to reduce the U.S. trade deficit. In…

Port and Environmental Regulations: Charting the Best Route

Jul 17, 2017

Trade, federal preemption and states’ rights have been the subject of debate, legal cases and jurisdictional battles for more than 200 years. During my time in the Coast Guard and serving as Captain of the Port, Puget Sound, we dealt with a…

Egypt to Halt Flour Subsidy, Slash Wheat Imports

Jul 12, 2017

Egypt, the world's largest wheat buyer, will stop subsidising flour for its sweeping bread subsidy programme next month in a move expected to cut wheat imports by up to 10 percent by curtailing smuggling, the supply ministry said on Wednesday…

A Full Agenda for the International Container Trades

Jul 11, 2017

The past couple of months have been chock-a-block full of maritime activity in the international container trades.  As the Big-3 Japanese Lines remain still on track to spin-off their container business units into a single standalone container carrier company…

India Unveils Reforms to Boost Cruise Tourism

Jul 10, 2017

In order to promote cruise tourism, the Indian government on has announced a slew of reforms to revolutionise the industry which has a high employment generation potential, by simplifying the rules and procedures for cruise port operations…

Logistics News

LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds

LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds

Sara Fuentes Named as President of Transportation Institute

Sara Fuentes Named as President of Transportation Institute

U.S. Coast Guard Counters Maritime Threats With New Special Missions Command

U.S. Coast Guard Counters Maritime Threats With New Special Missions Command

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

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