Government Update News

 

Authorities Attempt to Reopen Germany's Mosel River

Dec 13, 2024

Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…

Sweden: New Offshore Wind not Commercially Viable

Dec 13, 2024

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…

Taiwan: China's threat towards island is "evolving"

Dec 13, 2024

Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when it began its current series of war games, and its recent large-scale buildup of maritime forces is a testament to this.China's…

CMA CGM seeks 2025 Singapore biofuel bunker supply

Dec 13, 2024

French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according to market sources.The company has been one of the top lifters of marine biofuel in Singapore this year…

Taiwan Signals Likely End to Latest Chinese Drills

Dec 12, 2024

Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby, likely signaling an end to Beijing's maneuvers.Taiwan's defense…

Panamanian-flag Tanker Rescues 73 in Dramatic Ops

Dec 12, 2024

The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.As reported by the Designated Person Ashore (DPA), the Nestos responded immediately to the call from Greek authorities…

Update on Insolvency of FSG-Nobiskrug Shipyard

Dec 12, 2024

Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway. The Provisional insolvency administrators want to jointly develop restructuring solutions.The Flensburg…

Launch, Naming Ceremony at Seaspan for HMCS Protecteur

Dec 12, 2024

Seaspan Shipyards, Canada’s long-term, strategic shipbuilding partner for large, complex vessels under Canada’s National Shipbuilding Strategy, and the Royal Canadian Navy have reached an important milestone for the first Joint Support Ship…

Panama Canal Battles Ongoing Drought

Dec 12, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

USACE taps Gatehouse Maritime for AIS Tech

Dec 11, 2024

Gatehouse Maritime, a provider of  AIS (Automatic Identification System) network monitoring and maritime domain awareness software, announced the award of a new contract from the U.S. Army Corps of Engineers.The contract, initially set for one year…

Moody's: Port of Oakland A1 Rating Maintained

Dec 11, 2024

Port as primary gateway for Northern California region a key credit strength. Moody’s Investors Service, Inc. (Moody’s) has maintained the Port of Oakland's senior lien rating at A1 stable. The A1 stable senior bond rating reflects the Port’s strong liquidity…

Adani Ports withdraws DFC Port Funding Request

Dec 10, 2024

India's Adani Ports and Special Economic Zone Ltd  said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development Finance Corp (DFC)…

HII, Job Corps Partner to Build Shipbuilding Careers

Dec 10, 2024

HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120…

NRF: Imports to Soar on Tariff Threat, Potential Port Strike

Dec 10, 2024

With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring…

Shipbuilder's Appeal in Mozambique Lawsuit Denied

Dec 10, 2024

Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique's victory in a London lawsuit over the decade-old 'tuna bond' scandal.The southeast African country sued Privinvest and its now late owner Iskandar Safa…

Logistics News

Subsea Global Solutions Launches New C-ROV Services

Subsea Global Solutions Launches New C-ROV Services

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

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Japanese shippers await details on Hormuz reopening, mine clearance
Manufacturers and unions warn that the UK is losing jobs to other countries due to high energy prices
El Al Airlines of Israel signs an internet deal with El Musk's Starlink