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Government Update News

 

India Announces $615 mln Package for Ship Builders

Dec 10, 2015

The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has cleared a Rs.4,000-crore ($615 mln) package to spur India’s ship building industry, combined with a slew of incentives. The sops include the right of first refusal on all government purchases for Indian shipyards…

Shipping, Aviation Dropped from Paris Climate Text

Dec 09, 2015

The global airline and shipping industries appeared to win a symbolic reprieve from the growing global drive to reduce carbon emissions on Wednesday, cut from a new draft climate change pact being negotiated in Paris. As nearly 200 nations…

BMT Designers & Planners Appoints Cox as VP

Dec 08, 2015

BMT Designers & Planners, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has named Rick Cox as its newest Vice President of Business Development. Cox fills a key role in the firm’s business development organization…

Blue Denmark Maintains Economic Foothold

Dec 07, 2015

The report 'Employment and production in Blue Denmark 2015' was published today, providing updated information on Denmark’s vibrant maritime industries. For the second time, the Economic Council of the Labour Movement has drawn up a report…

European Shipping Policy Seeks Global Cooperation

Dec 04, 2015

Global cooperation must remain an absolute priority of European shipping policy. That was the principal message of ECSA’s contribution to the Senior Maritime Forum of Marintec China, the largest maritime event in Asia, which is being held in Shanghai this week…

House Passes Bill Axing Oil Export Ban, Obama Veto Looms

Dec 03, 2015

The U.S. House of Representatives passed a wide-ranging bill on energy reforms on Thursday that includes a measure to repeal the 40-year-old oil export ban, but the legislation did not get enough votes to overturn a potential veto by President Barack Obama…

Littoral OP Tech East - Examining Coastal Operations

Dec 03, 2015

EXPERTS from navies, academia and industry are meeting in Tokyo to examine the unique challenges of operating in the littoral or coastal environment. The Littoral OPTECH East workshop is being held in Tokyo, Japan this week with the academic…

IMO Sets Guidelines for 2016-17

Dec 03, 2015

The IMO has just closed its Assembly meeting in London, which is held every second year. A number of important items were on the agenda, including the IMO work programme and budget for the 2016-17 biennium as well as the Organization's work…

EU Needs IMO Leadership to Reduce Shipping Emissions

Dec 02, 2015

The European Community Shipowners’ Association (ECSA) has reiterated their support for International Maritime Organisation (IMO) as the proper leader of efforts to reduce shipping’ s greenhouse gas emissions at the start of the COP 21 Climate Change Conference in Paris…

Shipping Industry Supports Global Climate Change Deal

Dec 01, 2015

The global shipping industry, represented at the United Nations Conference in Paris by the International Chamber of Shipping (ICS), fully supports a global deal on climate change. The shipping industry is committed to ambitious CO2 emissions reduction across the entire world merchant fleet…

Kuwait Names New Acting Oil Minister

Nov 29, 2015

Kuwait on Sunday appointed Anas al-Saleh as acting oil minister in addition to his roles as finance minister and deputy prime minister, state news agency KUNA reported.KUNA did not say why Ali al-Omair was leaving the oil minister post…

Merkel Urges Binding Goals to Tackle Climate Change

Nov 29, 2015

Germany's chancellor gave a qualified welcome on Saturday to China's pledge to tackle rising temperatures ahead of a global climate conference but she called for more ambitious goals to cut greenhouse emissions.In her weekly internet podcast on Saturday…

Dmitruk Heads Severneftegazprom

Nov 29, 2015

On November 20, 2015 the Severneftegazprom Board of Directors made a decision to appoint Vladimir Dmitruk as the company's Director General starting from November 23, 2015. His appointment is expected to boost the activities of Severneftegazprom which is mainly focused on natural gas production…

SSA Welcomes Decision To Extend BEO

Nov 27, 2015

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020…

Moore Stephens Highlights Potential Tax Issues for Shipping

Nov 27, 2015

As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses publish their tax strategies as they relate to or affect UK taxation, as well as…

Logistics News

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Independent Port Consultants Announces New Hires

Independent Port Consultants Announces New Hires

US Crude Being Shipped to Asia Via Panama Canal

US Crude Being Shipped to Asia Via Panama Canal

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Refiner MOL files complaint with EU regarding Croatian pipeline charges
US airline CEOs call on Congress to resolve the standoff and pay airport security personnel
Dubai Media Office reports that a fire breaks out near Dubai International Airport following a drone attack.