Government Update News

 

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…

Mumbai Port Registers 15% Growth

Aug 07, 2015

Continuing its record breaking performance of handling all time high cargo volume of 61.61 metric million tonnes in the preceding financial year, Mumbai Port Trust has registered an overall growth of 15% upto 31st July this year against the corresponding period in the previous year…

Russian Arctic Scientists to be Evacuated

Aug 07, 2015

An icebreaker sailed from Murmansk yesterday to pick up 17 scientists after four months on an ice floe near the North Pole.The icebreaker “Kapitan Dranitsyn” left Murmansk on August 4th to pick up equipment and personnel from the floating research station “North Pole-2015”…

Richardson Confirmed as Next CNO

Aug 06, 2015

Adm. John M. Richardson, director, Naval Nuclear Propulsion Program, was confirmed by the Senate as the 31st Chief of Naval Operations (CNO) Aug. 5.  Richardson will replace Adm. Jonathan W. Greenert who has been CNO since September 2011…

Logistics News

Baltic Index Rises Alongside Rates Across Vessel Segments

Baltic Index Rises Alongside Rates Across Vessel Segments

Vesselindex Report Shows Fewer Listed Dry Bulk Owners Beat Market in 2025

Vesselindex Report Shows Fewer Listed Dry Bulk Owners Beat Market in 2025

Contship Introduces First Electric Port Tractor into Operations

Contship Introduces First Electric Port Tractor into Operations

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

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Turkish Airlines evacuated after a tyre flame ignited on landing in Kathmandu
EU regulators plan a revamp of state aid rules for smaller airports
British paratroopers drop hantavirus-suspected samples on Tristan da Cunha