Government Update News

 

Singapore Seeks to Give Maritime a Boost

Feb 19, 2016

The coming year will be challenging for the shipping industry as global markets face a slowdown, however, the measures put in place by the Singapore Government and Maritime and Port Authority of Singapore (MPA) to help boost the industry are very encouraging…

US, Australia and EU Warn China on South China Sea

Feb 19, 2016

China was warned by many the United States and the European Union  that it should respect a ruling later this year on its dispute with the Philippines over territory in the South China Sea, reports Reuters. In a message has been sent to China…

ICS Welcomes Progress on ILO SIDs Convention

Feb 18, 2016

The International Chamber of Shipping, as the Secretariat for the Shipowner Group at the International Labour Organization (ILO), co-ordinated employers’ representatives at the Ad Hoc Tripartite Maritime Committee on the Seafarers’ Identity Documents Convention (Revised)…

VP Biden Visits Port of New Orleans

Feb 18, 2016

Vice President Biden commemorates 7th Anniversary of American Recovery and Reinvestment Act at Port of New Orleans; tours the port’s new Mississippi River Intermodal Terminal Vice President Joe Biden toured the Port’s new Mississippi River…

15 Carriers Agree to EU's GRI Modifications

Feb 17, 2016

15 container liner shipping companies have said they will stop publishing and communicating general rate increases (GRIs) that are expressed solely as an amount or percentage of the change, says the European Commission. Shipper representatives…

European Shipowners Showcase Short Sea Shipping

Feb 17, 2016

The European Community Shipowners’ Associations (ECSA) presented its new brochure on the merits of short sea shipping during  a high level meeting organised by the Dutch Presidency of the Council. The intention behind this new initiative is to revitalise the EU’s short sea policy…

Dubai Maritime Club Launched

Feb 16, 2016

The Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, has committed its full support for the Dubai Maritime Club, a not-for-profit initiative…

IRClass, Indian Navy Deepen Relationship

Feb 16, 2016

Indian Register of Shipping (IRClass) strengthened its growing relationship with the defence sector by actively participating in the Maritime Exhibition (MAREX) during the high profile International Fleet Review 2016, organised by the Indian Navy at Visakhapatnam…

2,500 More Ships to Cypriot Registry

Feb 15, 2016

As 2,500 ships currently under management by Cyprus-based companies could be registered in the Cypriot registry, a settlement of the Cyprus problem could boost the island`s commercial fleet to new levels, reports CNA. The Cypriot registry…

India to Showcase 200 Projects in Maritime India Summit

Feb 15, 2016

The Ministry of Shipping, India  will showcase all its investable opportunities  to domestic and global investors in the first-ever Maritime India Summit (MIS) to be held in Mumbai from April 14-16, 2016. The 200 projects comprise 20 projects…

DP World Bolsters Investment in India

Feb 13, 2016

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations. The company is seeking to invest in expansion of brownfield terminals…

Liberia to Receive Preferential Flag Status with Respect to Chinese Tonnage Dues

Feb 11, 2016

Pursuant to the Maritime Transport Agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added to the preferential list of countries when determining the tonnage dues for vessels…

WCI Reacts to President's Budget Request

Feb 10, 2016

Waterways Council, Inc. (WCI) reacted to the FY 2017 budget request made by President Obama earlier today, as detailed below.  The Budget •  proposes $4.620 billion for the U.S. Army Corps of Engineers’ Civil Works program, a 29.8% cut from the $5…

U.S. Okays ConocoPhillips LNG Exports

Feb 10, 2016

The U.S. Department of Energy has renewed authorization for liquefied natural gas (LNG) exports from the North Kenai ConocoPhillips facility, reports Reuters. The approval is to export about 40 billion cubic feet of natural gas from its…

India to Import LNG from Australia

Feb 10, 2016

India may contract long-term supplies of liquefied natural gas (LNG) from Australia if price is comparable to Indian coal which remains the fuel of choice for power generation companies in New Delhi.  Power Minister Piyush Goyal, who is currently on a visit to Australia for energy dialogue…

Logistics News

US Container Imports Rise in August

US Container Imports Rise in August

Stena Bulk Appoints Seasystems as Exclusive Global Partner for Jettyless LNG Technology

Stena Bulk Appoints Seasystems as Exclusive Global Partner for Jettyless LNG Technology

PortXL Announces 2025 Cohort

PortXL Announces 2025 Cohort

AI & Marine Insurance Presents Reward and Risks

AI & Marine Insurance Presents Reward and Risks

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