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Government Update News

 

FMC Establishes Regulatory Reform Task Force

Mar 13, 2017

Acting Chairman of the U.S. Federal Maritime Commission (FMC) Michael A. Khouri has designated the agency’s Managing Director, Karen V. Gregory, to serve as Regulatory Reform Officer. Gregory will stand up a Regulatory Reform Task Force that will work to identify burdensome…

Libyan NOC Official Warns of Force Majeure at Oil Ports as Rivals Mobilize

Mar 13, 2017

A senior official at Libya's National Oil Corporation (NOC) warned on Monday of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals, as air strikes continued and rival forces mobilized fighters in the area.NOC board member Jadalla Alaokali said force majeure…

India's Sagarmala Program: 415 Projects, $120 Bln Investment

Mar 09, 2017

Under India's prestigious Sagarmala Programme,  415 projects, at an estimated investment of approximately  INR 8 Lac Crore (USD 120 Bln) , have been identified across port modernization & new port development, port connectivity enhancement…

India Mulls Development of Ports

Mar 09, 2017

Indian Ports handle about 90% by volume & 70% of value of the country’s EXIM (Export–Import ) cargo. In order to meet the growing trade requirements of the country, the capacity of the Ports & the cargo handled by the Ports have increased over the years…

US Imports: Double-digit Growth Expected

Mar 09, 2017

Imports at the United States’ major retail container ports should see double-digit year-over-year increases for the next two months as a growing economy increases the demand for affordable merchandise, according to the monthly Global Port Tracker…

MPA to Enhance Singapore’s Hub Port Competitiveness

Mar 08, 2017

The maritime sector is undergoing significant transformation. To enhance Singapore’s hub port competitiveness, the Maritime and Port Authority of Singapore (MPA) is leveraging technology to help maritime companies innovate and move into new growth areas…

UK Chamber for Including Marines in New T-Level Qualification

Mar 08, 2017

The UK Chamber of Shipping has welcomed Government’s plans to introduce new technical qualifications, but raised questions as to why marine engineering is absent from the plans.  As part of the 2017 Budget, Government outlined its plans…

China's Steel, Coal Curbs a Double-edged Sword for Imports

Mar 06, 2017

China's determination to tackle its choking pollution by cutting steel and coal capacity should be a long-term negative for exporters of iron ore and coal to the world's biggest commodity importer, but the reality is likely to be far more nuanced…

Armed faction enters major Libyan oil port

Mar 03, 2017

An armed faction entered a major Libyan oil terminal and a nearby airport on Friday, after attacking forces that have controlled the terminals since September, officials and residents said. The terminals at Es Sider and Ras Lanuf are two of Libya's largest…

JNPT to Support Direct Port Delivery Facility

Mar 02, 2017

Indian government is exhorting importers to use the Direct Port Delivery (DPD) facility, an initiative aimed at reducing dwell time and transaction costs, reported PTI. According to Ministry of Shipping, the Direct Port Delivery (DPD) is…

Florida Seaports, Agency Partners Meet with Federal Legislators

Mar 02, 2017

Florida’s seaports, including port representatives from Port Canaveral, Port Everglades, JAXPORT, PortMiami, Port Panama City, Port of Pensacola and Port Tampa Bay, were joined by Florida Department of Economic Opportunity and Florida Department…

Grant Helps Port of Long Beach Curb Emissions

Mar 02, 2017

The Port of Long Beach is poised to receive a grant to fund one of the nation’s largest demonstration projects for zero-emissions cargo-handling equipment. The California Energy Commission has announced a Notice of Proposed Award for a $9.7…

ClassNK Earns EU MRV Accreditation

Mar 02, 2017

After undergoing extensive assessments, classification society ClassNK has received accreditation from the UK-based national accreditation body UKAS (United Kingdom Accreditation Service) as an EU MRV verifier, effective as of March 1, 2017…

DFDS Sees Little Effect from Brexit So Far

Mar 02, 2017

Ferry and logistics operator DFDS has many activities and 2,200 employees in the U.K., placing it at the heart of the ongoing “Brexit” process following the U.K.’s vote to leave the EU and making the firm an early indicator of changes in trade and passenger movements…

EU Shipping Needs Stronger Global Orientation -Study

Feb 28, 2017

The EU has an overall competitive regime in place for fiscal and social measures as well as quality registers and a strong skills base. This combination supports the current status of the EU as an attractive location for shipping activities…

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

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