A coalition of 75 members of the House of Representatives called on President Trump to fully fund harbor maintenance programs in his upcoming Fiscal Year 2018 budget proposal.The letter, available here, noted that the Water Resources Reform…
India, the world’s fourth-largest buyer of liquefied natural gas (LNG), has announced plans to halve its basic customs duty on imports of the chilled fuel. Indian Finance Minister Arun Jaitley presenting the Budget for 2017-18 in Parliament halved the import duty on LNG to 2…
The Indian Ministry of Shipping, as a part of its ‘Green Port Initiative’ has been emphasizing on use of renewable sources of energy to power Major Ports across the nation. The Ministry aims to set up 91.50 MW of solar energy capacity…
Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objections, the municipality said on Tuesday. The government…
Greece has given investors until March 24 to submit binding bids for a majority stake in its second biggest port, Thessaloniki Port, two sources close to the matter said on Tuesday.The sale of the 67 percent stake in the port and other privatisations…
A benchmark analysis shows that Denmark has 33 special requirements for ships flying the Danish flag, a number which the Danish Maritime Authority (DMA) seeks to scale back as it aims to create a more favorable environment for shippers.“Denmark…
The new U.S. Maritime Advisory System establishes a single federal process to expeditiously provide maritime threat information to maritime industry stakeholders, including vessels at sea. The system, which was created by the U.S. Maritime Administration (MARAD)…
Sweden's government has dropped its objections to a plan by Russia's Gazprom to use the port of Karlshamn in southern Sweden as a base for the construction of its Nord Stream 2 gas pipeline, Swedish public radio reported on Monday.Officials in Karlshamn…
In terms of global economic recovery, 2016 has been the year with the lowest GDP growth rate since the financial crisis began in 2009. Amongst many landmark events, the slowdown for GDP growth in 2016 stemmed from weaker US activity in the first half of 2016…
Two Florida ports have canceled plans to sign cooperation pacts with Communist-ruled Cuba after state Governor Rick Scott threatened to cancel their funding if they did business with the 'Cuban dictatorship.'The news comes as Cuba watchers…
The American Association of Port Authorities (AAPA) – the recognized and unified voice of America’s seaports – is encouraged by the release yesterday of the infrastructure investment outline by Senate Minority Leader Chuck Schumer (D-NY) and Senate Democrats…
The EU sponsored R&D project CORE (Consistently Optimized REsilient Secure Global Supply-Chains) began in 2014. Along the way, it analyzes the use of EGNOS and Galileo for the intermodal transport of dangerous goods, assessing its ability to deliver optimum safety…
The U.S. Merchant Marine Academy Alumni Association and Foundation (AAF) has formed an advisory committee composed of Kings Point graduates and education experts to assist the U.S. Maritime Administration (MARAD) and the Academy in protecting and preserving the school’s imperiled accreditation…
Intermarine, LLC said it has obtained activation for Industrial Terminals (Houston) as a Foreign Trade Zone (FTZ) under Foreign Trade Zone Board (FTZB) and U.S. Customs and Border Protection (CBP) regulations. The entirety of Industrial Terminals’ 92 acres has been approved for FTZ activity…
A seven-member delegation of trade ambassadors from Cuba met with Port officials and Louisiana trade representatives at the Port of New Orleans today, marking a return trip following a Louisiana delegation visit to Cuba in October. The delegation…
