Government Update News

 

US Slaps Sanctions on Singapore Shipping Firm over North Korea Links

Jul 24, 2015

The United States imposed sanctions on a Singapore-based shipping firm and its president, alleging they are supporting illicit arms imports into North Korea. The Treasury Department said that Senat Shipping Company was providing extensive support to Ocean Maritime Management Company (OMMC)…

Canada Invests in a Greener Coast Guard College

Jul 23, 2015

Canadian government invests in green technology to upgrade infrastructure at the Canadian Coast Guard College; investments highlight the college’s 50th anniversary in 2015 Canada’s government has invested nearly $11 million to date for improvements…

Landing Craft Gifted to Philippines by Oz

Jul 23, 2015

Chief of Navy Vice Admiral Tim Barrett, AO, CSC, RAN, was joined at HMAS Cairns today by his Philippine counterpart, Flag Officer in Command Philippine Navy, Vice Admiral Jesus Millan, at a ceremony to gift two decommissioned Australian Balikpapan…

Intertanko Protests Nigeria Tanker Ban

Jul 23, 2015

Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari…

Shanghai Rolls out Green Port Plan

Jul 23, 2015

The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said.  It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010…

Shippers Demand Probe of Abandoned Calabar Port Dredging

Jul 23, 2015

The Nigerian Shippers Council (NSC) in Cross River State has urged President Muhammadu Buhari to probe the N20 billion contract awarded to Calabar Channel Management (CCM) for dredging Calabar Port by former President Goodluck Jonathan.  The…

Port Infrastructure Projects Underway in Virginia

Jul 22, 2015

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…

Philippines Opens up Shipping Sector

Jul 22, 2015

Philippine President Benigno S. C. Aquino III has signed off on legislation to open up the shipping sector and encourage more competition in the cloistered industry, report AFP. He also signed into law a measure that aims to level the country’s playing field…

PetroVietnam ex-chairman held on suspected fraud-police

Jul 21, 2015

Police in Vietnam said on Tuesday they had detained the recently ousted chairman of state oil and gas company PetroVietnam on suspicion of fraud while he was leading the banking unit of conglomerate Ocean Group. The country's economic police…

Indian Naval Chief to Visit Singapore, Thailand

Jul 20, 2015

With an effort to consolidate the Navy-to-Navy cooperation and to strengthen the relationship in tune with India’s Act East policy, Chief of Naval Staff (CNS) Admiral RK Dhowan will be going on a five-day tour to Singapore and Thailand. Dhowan…

Vietnam to Go-ahead with $2.5 bln Port Project

Jul 19, 2015

Vietnam's government has agreed on a port project in the southern province of Ca Mau, costing some $2.5 billion according to media reports and which would be able to host some of the world's biggest ships.The Hon Khoai port would be built under a public-private partnership…

CVW 5 Conducts Land Strike Training With RAAF

Jul 18, 2015

Carrier Air Wing (CVW) 5, embarked aboard the Nimitz-class aircraft carrier USS George Washington (CVN 73), conducted high-intensity land strike training with the Royal Australian Air Force (RAAF) as part of exercise Talisman Sabre 2015 (TS15)…

Uruguay LNG Terminal on Schedule

Jul 18, 2015

Uruguay's state-owned Gas Sayago said civil works for an LNG regasification terminal are due to begin again after five months of delays, putting back on track a $1.1 billion project for the country's first such facility. Gas Sayago, a joint venture by two state-owned companies…

Shipping Lines Keen for Cooperation with Iran

Jul 16, 2015

The Islamic Republic of Iran Shipping Lines and the country’s leading ports operator, the Tidewater Middle East Maritime Company, have been removed from the US list of companies designated for sanctions and assets freeze, reports Press TV. International…

Philippines' Warship Repair Angers China

Jul 16, 2015

China warned it can take 'further actions' after the Philippines confirmed it is fortifying the BRP Sierra Madre, a grounded ship on Ayungin Shoal (Second Thomas Shoal) in the South China Sea. Beijing has hit out at Manila for repairing…

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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