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Government Update News

 

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…

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…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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