Government Update News

 

Collective Efforts Helped Curtail Piracy Attacks

Sep 09, 2015

Collective effort by maritime industry and naval forces keep pirate attacks suppressed: EU Naval Force Operation Commander, Major General Martin Smith MBE At a breakfast meeting earlier today with senior shipping industry representatives…

Panama to Assess if Seepage Will Delay Expanded Canal Opening

Sep 09, 2015

During the testing phase of the new Pacific locks for the Panama Canal, some water seepage was detected in a specific area of the new Pacific Locks in a section that separates the middle chamber and lower chamber, as they were being stressed…

Royal Navy Submarine Responsible For Fishing Trawler Incident

Sep 09, 2015

Britain’s Ministry of Defence has admitted a Royal Navy submarine was responsible for dragging a trawler backwards off the Northern Ireland coast earlier this year. A Royal Navy submarine did get entangled in a fishing boat's nets and dragged it for 18 miles…

Nan Tsing Suspends Operations

Sep 08, 2015

Chinese domestic container carrier Nan Tsing Container Lines has ceased operations of its entire shipping fleet as it struggled with mounting debts, says local media. This leaves more than 40 containerships operated by the shipping lines have been detained at several major ports in China…

Sydney Harbor Imposes Sulphur Cap for Cruise Ships

Sep 08, 2015

From 1 October, a new regulatory amendment will come into effect which requires cruise ships calling to use low sulphur fuel (01% of less) while berthed in Sydney Harbor.A second stage of the amended regulation, which will require the use of low sulphur fuel (0…

Sweden Proposes Tonnage Tax

Sep 08, 2015

The Swedish government has proposed a Swedish tonnage tax system. The aim is for Swedish shipping companies to compete under equal conditions with companies in other countries in Europe.At Donsö Shipping Meet 2015, the Minister for Infrastructure…

SCA Circular on Requirements‏ of Ships' Documents, Drawings

Sep 08, 2015

Circular issued by Suez Canal Authority concerning ships' documents and drawings which are required to be ready onboard before transiting the canal for first transit or each transit to avoid any fine and/or delay. Those concerned are requested to take note and be guided by the instructions…

Australia's New Shipping Laws Threaten Loss of Jobs

Sep 04, 2015

The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says. More than nine in 10 domestic seafarers will lose their jobs if the Abbott government's plan to relax shipping regulations passes Parliament…

China Ready with ECAs

Sep 04, 2015

China has taken 'important step' in tackling ship-generated emissions. China is also developing Emission Control Areas (ECAs) in its major ports. China's Ministry of Transport (MoT) has formally unveiled its five-year working scheme that aims to reduce the country’s shipping emissions…

Singapore Becomes Sea-Dispute Settlement Centre

Sep 03, 2015

The government of Singapore has become a venue in Asia to settle maritime disputes for proceedings before the International Tribunal for the Law of the Sea (ITLOS).  A joint declaration was signed  between ITLOS president Vladimir Golitsyn…

Oakland Terminal Operators Propose Off-peak Hours

Sep 02, 2015

Marine container terminal operators at the Port of Oakland are developing a program to operate their terminal gates on Saturdays to reduce weekday congestion at the port. The new program, called OakPass, is expected to begin in the fourth quarter of this year…

Worldwide Launch of Joint CIC

Sep 02, 2015

The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control has launched a joint Concentrated Inspection Campaign (CIC) on Crew Familiarization for Enclosed Space Entry. The aim of the CIC is…

Wunderman Appointed to WETA Board

Sep 01, 2015

Calif. Governor Jerry Brown appointed James Wunderman to the Water Emergency Transportation Authority (WETA) Board of Directors today. This position requires Senate confirmation.Wunderman has been the President and CEO of the Bay Area Council since 2004…

UK Chancellor Visits NorSea Group HQ

Sep 01, 2015

U.K. Chancellor of the Exchequer George Osborne toured NorSea Group’s U.K. headquarters during a visit to Aberdeen this week.  During the tour, Walter Robertson, MD of NorSea Group, gave the Minister an update on the work the company is carrying out in support of the subsea…

Seychelles to Join India-led Maritime Security Alliance

Sep 01, 2015

Seychelles  said that Indian ocean region 'belongs' to countries sharing maritime boundaries and said it was 'actively' considering participating in a security framework for the strategic area involving India, Sri Lanka and Maldives, says a report in TNN…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

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Brazil updates sector trade agreements with Mexico
Sources say that the Ust-Luga port in Russia will operate at only half its capacity this September due to pipeline damage.
Prices of oil fall due to demand concerns, but are still heading for a weekly gain