Government Update News

 

Panama Canal Traffic to Double

Jul 02, 2016

The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday.With the expansion of the canal's width and depth…

Senate Confirms Three to Serve on Federal Maritime Commission

Jun 30, 2016

The U.S. Senate has confirmed the nominations of three individuals to serve as Federal Maritime Commissioners: Rebecca F. Dye, Michael A. Khouri and Daniel B. Maffei. Dye and Khouri, both of whom currently serve as Commissioners, were renominated…

Petrobras to Name Silva to New Top Strategy Post

Jun 30, 2016

Brazil's state-led oil company Petroleo Brasileiro SA plans to appoint Nelson Silva, the former head of BG Plc in Brazil, as chief of strategy and management, a newly created position on its senior management committee, company sources told Reuters…

Xeneta: No Silver Lining for Container Shipping in Brexit Storm

Jun 30, 2016

Xeneta, a  global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact negatively on all parties involved in the container shipping segment – from shippers…

Paris MoU Reports Decrease in 'Bans'

Jun 30, 2016

Paris MoU reports that 2015 shows a large decrease in the refusal of access (“bans”) within the region: 11 bans compared to 20 in 2014. The detention percentage has remained stable at 3.33 percent. The number of deficiencies has decreased 10 percent related to 2014…

FMC's Doyle Addresses VGM Rules

Jun 29, 2016

U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement on the upcoming implementation of the SOLAS Convention’s verified gross mass (VGM) requirements: On Friday, June 24, 2016, I voted to allow the Port…

Rear Admiral Bennett “Bud” Sparks Award for USCG Sector Jacksonville

Jun 29, 2016

Coast Guard Sector Jacksonville was awarded the Category Two 2015 Rear Admiral Bennett “Bud” Sparks award by the Reserve Officers Association, June 7.The award will be presented at the 2016 Reserve Officers Association National Symposium in Reno…

EU to Accept Antitrust Offer from Maersk, MSC, 13 Others

Jun 28, 2016

World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe, three people familiar with the matter said on Tuesday…

UK Minister Calls for Investment in Maritime

Jun 27, 2016

Government minister Anna Soubry has heaped praise on Britain’s marine and maritime sectors and urged international businesses to invest in “the U.K.’s world-leading infrastructure and expertise”. The Minister of State for Small Business…

RIMPAC Brings 26 Nations Together in Pacific

Jun 26, 2016

Twenty-six nations, 45 ships, five submarines, more than 200 aircraft and 25,000 personnel will participate in the biennial Rim of the Pacific (RIMPAC) exercise scheduled June 30 to Aug. 4, in and around the Hawaiian islands and Southern California…

Indonesia Bans Ships for Philippines

Jun 26, 2016

The Indonesian Government has banned vessels flying Indonesias flag from sailing to the Philippines following the latest hostage incident. According to a report in AP,  Indonesia said, a halt on coal shipments to the Philippines will remain…

Award for USCG's Men for Rescuing 3 in Makah Bay, Wash.

Jun 25, 2016

A Coast Guard boat crew was recognized during a ceremony at Coast Guard Station Neah Bay Friday for rescuing three fishermen after their vessel capsized near Strawberry Rock in Makah Bay in April. Petty Officer 1st Class Matthew Staton and Petty Officers 3rd Class Josh Shubin and Corey Castillo…

Traffic Separation Schemes off Western Australia

Jun 25, 2016

On 1 December 2016 two new Traffic Separation Schemes (TSS) will come into effect off the south-west coast of Western Australia.Australia’s proposal to establish the schemes was approved by the International Maritime Organization earlier…

Austal Delivers LCS 8 to US Navy

Jun 25, 2016

Austal Limited (Austal) (ASX:ASB) delivered the future USS Montgomery (LCS 8) to the U.S. Navy, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 23 June.The delivery of LCS 8 marks the fourth Independence…

Berthing Policy for Dry Bulk Cargo for Indian Ports Unveiled

Jun 25, 2016

Ministry of Shipping has formulated a new Berthing Policy for Dry Bulk Cargo for all Major Ports which will come into effect from 20th August, 2016. The objective of the new Berthing Policy is to: •    Provide a standardized framework for calculation of norms…

Logistics News

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

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

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Sources say that Italy's Snam is set to cancel German gas deal due to Berlin's concerns over China
Cheniere expects US LNG plants to use 40 bcf per day of natural gas in the coming years
Sources and LSEG data show that oil loadings have resumed at Russia's Novorossiysk Port