Government Update News

 

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…

Post-Brexit: UK Chamber Calls for ‘Free Trade Commission’

Jun 25, 2016

UK Chamber of Shipping statement on the outcome of the EU ReferendumThe UK Chamber of Shipping remained neutral on the question of the UK’s membership of the EU but we recognise the decision of the British people.The chamber has always…

UK First to Accept Marine Geoengineering Amendments

Jun 25, 2016

The United Kingdom has become the first State to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.  The amendments support the precautionary approach by…

Brexit: What Next for Shipping Markets?

Jun 25, 2016

For many in shipping, the Brexit was unexpected. Many believe that Brexit’s impact on the shipping industry will be more or less neutral. The UK Chamber of Shipping remained neutral on the question of Britain's departure during the runup to the vote…

Denmark Adopts Digital Ship Certification

Jun 24, 2016

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition of certifying ships with paper certificates. Until now, ship certification typically involved printing…

World Stocks Tumble as Britain Votes for EU Exit

Jun 24, 2016

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge…

Brexit Could Cause an Exodus of UK Maritime Talent

Jun 24, 2016

The U.K.’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued by industry recruitment group Faststream earlier today. A survey to U.K. based maritime employees…

Promoting National Maritime Transport Policy in Saint Lucia

Jun 24, 2016

A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.  The workshop is aimed at highlighting the promotion…

ECB Reviews Shipping Loans

Jun 23, 2016

European Central Bank (ECB) kicked off a review into the risks of banks’ shipping exposure, Reuters reported. ECB is conducting an in-depth review of banks’ exposure in shipping amid rising provisions for bad debt in an industry still mired in crisis…

Bangladesh Ship Recycling Project Makes Good Progress

Jun 22, 2016

​Stakeholders have been updated on progress made by the safe and environmentally sound ship recycling in Bangladesh (SENSREC) project - Phase I. The project is being executed and implemented by  International Maritime Organization (IMO)…

UK Sets Pathway to Marine Engineering

Jun 20, 2016

The Lord Mayor of the City of London, Lord Mountevans, lent his weight to the launch of a new three-year project designed to inspire and engage young people across the U.K. in thinking about a future in marine engineering. It is being led by maritime charity Seafarers UK…

Logistics News

Contship Introduces First Electric Port Tractor into Operations

Contship Introduces First Electric Port Tractor into Operations

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

US Container Imports Fall 3.2% in April, Descartes Reports

US Container Imports Fall 3.2% in April, Descartes Reports

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