Government Update News

 

India to Decentrale Chartering Arrangements

Aug 06, 2015

India's state-owned companies can  now make their own shipping arrangements of both dry and liquid bulk cargo without having to route their requirements through the Shipping Ministry. The Cabinet Committee on Economic Affairs (CCEA) has…

India, Mozambique to Boost Maritime Ties

Aug 06, 2015

India and Mozambique on Wednesday discussed ways to intensify cooperation in maritime security, ocean economy and defence as Prime Minister Narendra Modi held talks with Mozambique President Filipe Jacinto Nyusi in New Delhi. 'Africa and…

Expanded Suez Canal Opening to High Hopes, Some Doubts

Aug 05, 2015

Egypt will open an expansion to the Suez Canal to great fanfare on Thursday, the centrepiece of President Abdel Fattah al-Sisi's plans to revitalise the country's economy after years of damaging political turmoil. Some analysts and economists say…

Campaign to Raise Awareness of US Shipbuilding, Repair

Aug 05, 2015

Shipbuilders Council of America announces “KNOW YOUR SHIP” campaign to focus on raising awareness regarding the positive economic and national security impact of the shipbuilding and repair industry Ahead of the first presidential debate this week…

Australia's Massive Shipbuilding Plan Announced

Aug 05, 2015

The Australian Government has thrown domestic shipbuilders an A$89 billion (US$ 66 billion) lifeline. It plans to deliver a long-term plan for a strong and sustainable naval shipbuilding industry. Over the next 20 years the Government will…

Russia Submits Vast Arctic Territory Claims to UN

Aug 05, 2015

Russia has submitted its bid for vast territories in the Arctic to the United Nations, AP reported as the Foreign Ministry saying. The ministry said in a statement that Russia is claiming 1.2 million square kilometres (over 463,000 square…

Marad Visits TX Maritime Technology & Training Center

Aug 04, 2015

United States Maritime Administration tours Maritime Technology and Training Center site. Administrators from the United States Maritime Administration (MARAD), along with staff from United States Senators John Cornyn and Ted Cruz, recently…

IBEW Statement on Obama's Clean Power Plan

Aug 04, 2015

The IBEW issued the following statement in reaction to President Obama’s release of a final Clean Power Plan: The IBEW is carefully studying the finalized Clean Power Plan issued by President Obama yesterday. As the largest union of electrical workers in the nation…

FMC Collects $1,227,500 in Penalties from NVOCC's

Aug 04, 2015

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties. The agreements were reached with seven non-vessel-operating common…

El Nino Onset May Impact Panama Canal Drafts

Aug 04, 2015

The Panama Canal Authority closely monitors the water levels of Gatun and Alhajuela lakes on a regular basis due to the importance that these resources have for transit operations.With the onset of the 'El Nino' phenomenon, great efforts…

Australian PM Promises 2500 Shipbuilding Jobs

Aug 04, 2015

Up to 2,500 shipbuilding jobs in Adelaide will be safe for 'all time', the Prime Minister says, ahead of the expected announcement to build a new fleet of Navy ships worth $39 billion, reports ABC. However, he said naval shipbuilding jobs…

Contship Italia Signs Iran MoU

Aug 03, 2015

Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO), part of SINA Group which is one of the largest Iranian companies…

Shell Moves Ahead in Arctic with Exploratory Well

Jul 31, 2015

Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean. Authorities have removed protesters dangling from a bridge and in kayaks in Oregon,…

Thai Navy Lobbies for More Submarines

Jul 31, 2015

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters…

Legislation Introduced to Lift Cuba Embargo

Jul 30, 2015

A new piece of legislation, the Cuba Trade Act of 2015, was introduced in Congress Tuesday that aims to lift the Cuba embargo and allow for U.S. businesses in the private sector to trade freely with Cuba, while prohibiting taxpayer funds to be used on promotion or development of this new market…

Logistics News

CMA CGM Expands Support for Kenyan Logistics

CMA CGM Expands Support for Kenyan Logistics

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

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