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Government Update News

 

Swedish Town Karlshamn Says 'Yes' to Gazprom Port Deal

Jan 31, 2017

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 Sets Bid Deadline for Thessaloniki Port Sale

Jan 31, 2017

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…

DMA Cutting Back Special Rules for Danish Shippers

Jan 30, 2017

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…

US Maritime Advisory System Established

Jan 30, 2017

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 Drops Objections to Port Striking Nord Stream Deal

Jan 30, 2017

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…

2016 brings lowest GDP growth rate since financial crisis began - BIMCO

Jan 30, 2017

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…

Florida Ports Drop Plans to Ink Pacts with Cuba

Jan 28, 2017

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…

AAPA ‘Encouraged’ By Senate Dems’ Infrastructure Plan

Jan 28, 2017

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…

CORE EU Project: Assessing the Intermodal Supply Chain

Jan 27, 2017

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…

Alumni Form Committee on USMMA Accreditation Status

Jan 27, 2017

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…

Industrial Terminals Activated as FTZ

Jan 25, 2017

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…

Cuban Maritime Delegation Visits New Orleans

Jan 25, 2017

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…

First Cuba to US Cargo Shipment Arrives

Jan 25, 2017

A shipment of artisanal charcoal made its way from Cuba to Port Everglades aboard Crowley’s container ship K Storm, marking the first truly commercial shipment from a Cuban cooperative to a private U.S. business since the U.S.-Cuba trade embargo was imposed more than 50 years ago…

FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers

Jan 25, 2017

Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U…

Vancouver Port Hires Marle as Permanent CEO

Jan 25, 2017

The Port of Vancouver USA Board of Commissioners today voted 2-1 to hire interim CEO Julianna Marler as the port’s permanent CEO/Executive Director. Marler, who was appointed interim CEO by the board in May 2016, was one of three finalists for the position…

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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