Government Update News

 

Saudi-led Forces Rescue Passengers from Vessel off Yemen

Oct 02, 2016

A Saudi-led force in Yemen said it rescued passengers on Saturday from a vessel being used by the United Arab Emirates military that was attacked by Houthi fighters in a strategic Red Sea shipping lane.'The coalition rescued civilians from a vessel targeted by Houthi militias…

FMC Collects $338,000 In Penalty Payments

Sep 30, 2016

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $338,000 in civil penalties. The agreements were reached with one vessel-operating common carrier and…

Mercy Ships Founder TO Receive Congressional Gold Medal

Sep 30, 2016

Only a few prominent individuals are put forth to be awarded a Congressional Gold Medal, and now Don Stephens, president/founder of Mercy Ships, joins the ranks. Congressman Louie Gohmert of Texas has introduced legislation to award Stephens the Congressional Gold Medal…

Meet for Trade Boost between Hamburg, Russian ports

Sep 30, 2016

After a marked downturn in container traffic between Hamburg and Russian ports on the Baltic last year, in the 2016 first half container handling at 216,000 TEU (20-ft standard containers) again achieved an increase of 2.3 percent. That seaborne…

Anchors Removed for moving Transocean Winner onto vessel

Sep 30, 2016

Work has begun this morning to raise four of the primary anchors of the Transocean Winner rig in Broad Bay, in anticipation of moving it onto the Hawk.It’s expected this initial work will take about 12 hours. The four secondary anchors will also be removed…

WRDA Progresses Charleston Harbor Deepening Project

Sep 29, 2016

The passage of H.5303, the Water Resources Development Act (WRDA) of 2016 by the U.S. House of Representatives has moved the Charleston Harbor Deepening Project closer to securing the authorization necessary to begin construction.  'We applaud…

Kirby to Pay $4.9 Mln Penalty over Oil Spill

Sep 27, 2016

Kirby Inland Marine LP has agreed to pay $4.9 million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel in March 2014, the U.S. Justice Department said on Tuesday. The company, a subsidiary of Kirby Corp…

Baltic Exchange Succumbs to Singapore as Shipping Turmoil Deepens

Sep 27, 2016

The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. Some…

Danish Business Minister to Meet with Shipping Leaders

Sep 27, 2016

With his participation in the Danish Maritime Forum on October 26 the Danish Minister for Business and Growth will highlight the need for greater global cooperation when meeting with maritime key leaders from around the world. Around 90 percent of world trade is transported by sea…

Port of New Orleans Board Elects Kearney as Chairman

Sep 23, 2016

The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal.  He succeeds Mr…

FMC: Update Regarding Commission Briefings on the Status of Hanjin Shipping

Sep 23, 2016

The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20…

India Proposes New MCA for Port Sector

Sep 23, 2016

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure.   The proposed MCA will replace the existing agreement which came into existence in January 2008…

Egypt's GASC Receives Four Wheat Offers

Sep 22, 2016

Egypt's state grain buyer GASC received four offers from suppliers at its international wheat purchase tender on Thursday after amending some of the terms, traders said. Earlier suppliers had been holding off on making offers, saying they…

ABS' New Subchapter M Guide

Sep 22, 2016

[Press Release] ABS announced the publication of the ABS Guide for Building and Classing Subchapter M Towing Vessels. The Guide is designed to aid domestic owners comply with new U.S. Coast Guard (USCG) requirements governing towing vessels that operate in U…

Cross-Bay Ferry Launched

Sep 21, 2016

A new ferry service has opened in Florida, a St. Petersburg/Tampa ferry service, and organizers project that this is just the start as they 'test the waters' for the new  service dubbed The Cross-Bay Ferry.“Everywhere I go, people ask me about the ferry…

Logistics News

Novorossiysk Port Resumes Oil Trade after Ukrainian Attack

Novorossiysk Port Resumes Oil Trade after Ukrainian Attack

CMA CGM’s Shipping Engine Holds Course in a Volatile Q3

CMA CGM’s Shipping Engine Holds Course in a Volatile Q3

Mitsubishi Shipbuilding Delivers Vessel KEYAKI

Mitsubishi Shipbuilding Delivers Vessel KEYAKI

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

Online Training Helps Maritime Professionals Recognize Signs of Human Trafficking

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After Ukrainian attack, oil loadings resume at Russia's Novorossiysk Port
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