Russia's government wants to sell a state stake in oil giant Rosneft to 'real investors' but may force the company to buy its own shares to prop up the country's budget, First Deputy Prime Minister Igor Shuvalov said on Thursday.If Rosneft buys its own shares…
India's Ministry of Communication has extended the period for applying of Renewal of Global Management Distress Safety System General Operator’s Certificate (GMDSS-GOC) License from three months to six months prior to its expiry. This will…
U.S. Transportation Secretary Anthony Foxx today announced $4.85 million in grants to six Marine Highway projects along the waterways of 17 states and the District of Columbia. The goal of the Maritime Administration’s Marine Highway Program is to expand the use of U…
Susan Hayman, Foss Maritime VP of HSQE & External Affairs, has been nominated by President Barack Obama to the United States Merchant Marine Academy's (USMMA) Board of Visitors. This key administrative post is for a term of two years, commencing at the beginning of each Congress…
What will the future of the global maritime industry look like when the fundamentals are changing? This will be the key question when more than 200 of the most influential leaders from all parts of the global maritime value chain convene for…
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.Denmark's A…
The Panama Canal Authority (ACP) has entered into a Memorandum of Understanding (MOU) with major UK ports operator, Peel Ports, who own the Port of Liverpool, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November…
Sagarmala, the ambitious program for ‘Port-led development’ in the country is all set to change the logistics sector performance by optimizing India’s logistics modal mix. The flagship program by the Ministry of Shipping will help in reducing…
The proposed OCEAN Alliance between several of the world’s largest container shippers has received approval from the U.S. Federal Maritime Commission (FMC), allowing it to become effective Monday, October 24, 2016. The OCEAN Alliance, comprising COSCO Shipping…
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, recognized U.S. Senator Kelly Ayotte (R-NH) Thursday with the 2016 Champion of Maritime Award. AMP honored Sen. Ayotte due to her extraordinary support and dedication to the American maritime industry…
U.K. Transport Minister John Hayes MP visited the Port of Liverpool Thursday, October 20, 2016 to view the final stages of work on phase 1 of the Liverpool2 container terminal ahead of its official opening next month. The visit provided…
The U.S Environmental Protection Agency today announced a $978,302 Diesel Emissions Reduction Act (DERA) grant to the Maryland Environmental Services that will be used to upgrade diesel equipment that is used to move cargo at the Port of Baltimore…
Radio Holland’s Mission Critical Communications (MCC) department is responsible for the design, supply and commissioning of the communications system for the Nederrijn and Lek weir complex. This complex, consisting of three hydraulic structures…
European Shipping Week has been granted the European Parliament’s official patronage by its President, Mr Martin Schultz.Commenting on European Shipping Week, Mr Schultz said his institution appreciated the opportunity for open dialogue…
Indiana Secretary of Commerce Victor Smith, Ports of Indiana CEO Rich Cooper and a group of Indiana leaders are visiting Québec to learn more about how the province is implementing its $9 billion maritime strategy.Québec's Maritime Strategy…
