Government Update News

 

USCG Gets New Vice Commandant

Aug 18, 2015

U.S. Coast Guard Vice Adm. Charles Michel formally assumed the role of vice commandant of the Coast Guard during a ceremony at U.S. Coast Guard Headquarters Monday.As vice commandant, Michel will oversee the Coast Guard’s operations, strategic development…

Major Shipping Companies Comes to Israel

Aug 18, 2015

The direct line shared by the world’s largest shipping companies Maersk and MSC is coming to Israel for the first time – as part of their massive 2M Alliance. Shipping giants MSC and Maersk have signed a cooperation agreement with the Haifa port…

Adani in Pact with Kerala for Vizhinjam Port

Aug 18, 2015

The government of Kerala State in India and Gujarat-based Adani Group has signed the work contract agreement for development of the Rs 7,525-crore ($12 billion) Vizhinjam International Deepwater Multipurpose Seaport.  On July 15, 2105,…

Former Petrobras Exec Sentenced for Samsung Drillship Bribe

Aug 17, 2015

A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress…

Alberta Panel to Review Climate-change Policy

Aug 15, 2015

The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions.Environment Minister…

Port of Long Beach Awarded FEMA Security Grants

Aug 14, 2015

The Port of Long Beach’s Security Division has been awarded $3.4 million in Federal Emergency Management Agency (FEMA) grants to fund ongoing projects that protect the port.The grants will enhance port security systems such as physical security equipment and monitoring and detection systems…

Goley Signs on as Director at SBI

Aug 12, 2015

SAFE Boats International (SBI) announced that Rob Goley has joined the company as its new Business Development Director – U.S. Federal Programs. Goley comes to SBI as a recently retired 20‐year veteran of the U. S. Coast Guard (USCG). During his tenure with USCG…

Shell Readies to Drill in Arctic, Seeks Modified Permit

Aug 12, 2015

Shell has informed the U.S. Bureau of Safety and Environmental Enforcement (BSEE) that it is set to restart its controversial hunt for Arctic oil, three years after the company’s last ill-fated venture north, reports The Guardian. “Fennica…

Singapore Transport Minister Resigns

Aug 12, 2015

Singapore’s transport minister Lui Tuck Yew, a familiar face among the country’s shipping industry, will step down from politics. Lui, former chief executive of the Maritime and Port Authority (MPA), has shocked the Singapore maritime industry…

USMMA Welcomes Class of 2019

Aug 11, 2015

On Saturday, August 8, The U.S. Merchant Marine Academy (USMMA) at Kings Point welcomed 243 “plebe candidates” of the Class of 2019 into the Regiment of Midshipmen as they took USMMA’s Corps of Cadets Oath administrated by Rear Admiral James A…

China Strikes Back at U.S. Criticism over South China Sea

Aug 11, 2015

China Government has struck back at the United States criticism that it restricts navigation and overflights in the South China Sea amid a festering marine territorial dispute with some of its neighbors, reports Reuters. China claims most of the South China Sea…

Strike Likely at Panama Canal's 3rd Set of locks Project

Aug 10, 2015

The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project…

Russia Claims Ownership of the Arctic and North Pole

Aug 10, 2015

Russia, led by President Vladimir Putin, has re-submitted its petition to the United Nations claiming exclusive control over 1.2 million square kms (463,000 square miles) of the Arctic sea shelf, based this time on what its foreign ministry calls “ample scientific data”…

Iran-Japan Joint LNG Production

Aug 10, 2015

Iran's oil minister invited the  Japanese delegation to partner in many areas especially Liquid Natural Gas (LNG) output, reports MNA. The delegation of high-level Japanese trade official and executives of major industries, headed by Japan's State Minister of Economy…

USCG Commissions National Security Cutter in Boston

Aug 09, 2015

The Coast Guard commissioned its newest National Security Cutter, the 418-foot Coast Guard Cutter James, Saturday during a ceremony at Coast Guard Base Boston.'Joshua James began his life-saving career at 15 and saved more than 600 lives…

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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