The U.S. Securities and Exchange Commission said it charged on Monday shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer Myles Itkin with failing to recognize some $512 million in tax liabilities. OSG…
UK Chamber CEO Guy Platten has responded to the publication of the Department for Transport Seafarer Projections Review by calling on government to back its SMarT Plus proposal. The Department for Transport has this week published a study…
Overseas exporters chartering foreign vessels to supply goods to India will have to pay a service tax on freight from Sunday, a government notification said.It will be the same as the 4.5 percent service tax that India currently levies on free-on-board (FOB) cargoes…
The Department of Justice’s Environment and Natural Resources Division has announced the publication of its accomplishments in 2016, documenting one of the most successful years in its history of over a century, including the highest recoveries in environmental enforcement…
The International Marine Contractors Association (IMCA) believes that the roadmap adopted by the Marine Environment Protection of IMO (MEPC 70) to develop a comprehensive strategy to reduce greenhouse gases (GHG) emissions globally from shipping…
Through its operating company Fugro Subsea Services, Fugro has recently been awarded Authorized Economic Operator (AEO) status, highlighting its role in the international supply chain. The demanding and extensive accreditation process began…
HMS Global Maritime, owner and operator of the American Queen Steamboat Company as well as 85 other U.S. flagged vessels, welcomes former Maritime Administrator Paul “Chip” Jaenichen, Sr. of the U.S. Department of Transportation as the new Chief Operating Officer (COO)…
A new study commissioned by the U.S. Treasury Department lists modernization of the locks at Sault Ste. Marie, Mich., as one of the 40 American transportation and water “megaprojects” that could bring as much as $1.3 trillion in national economic benefits…
Australia and Japan signed a memorandum at the headquarters of the Australian Maritime Safety Authority (AMSA) in Canberra which will allow liquid hydrogen to be shipped in bulk for the first time. Ship containment systems are being developed…
China has expanded its Emission Control Area (ECA) regulations to include ships berthing at six additional ports, bringing the total number of key ports in the country’s ECA to 11. With the new rules, effective from January 1, 2017, China…
At the beginning of the New Year, British Ports Association (BPA) Chief Executive Richard Ballantyne has outlined the association’s key priorities for 2017, including ensuring U.K. port interests feature in the Brexit negotiations and encouraging…
India's Shipping Minister of State Mansukh Mandaviya inaugurated the state- of -the -art exhibition display of Sagarmala, Ministry of Shipping at Vibrant Gujarat Global Investors Summit, 2017, yesterday (Jan 11). Gujarat has been at the forefront of the maritime development in India…
The Liberian Registry has announced strategic new appointments in a number of key areas within the Asian regional offices operated by its US-based manager, the Liberian International Ship & Corporate Registry (LISCR). Wan Ching Chiang has…
Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of 179 active FTZs in the country…
Sri Lanka has delayed a joint venture with China Merchants Port Holdings Company Ltd to develop a port in its south, where China has also offered to build an investment zone, a top government official said on Thursday. The nation's cabinet…
