Government Update News

 

Shipping Attacks Push US and Allies to Mideast Crunch Point

Jan 11, 2024

When the United States and 11 allies published a joint statement last week calling for an end to Houthi attacks from Yemen on Red Sea shipping, they hoped the implicit threat of force might at least reduce the intensity of fire on foreign vessels…

Israel Working to Clarify COSCO's Position on Shipping to Israel

Jan 09, 2024

Israel's Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO's reported decision to halt shipping to Israel.Israeli media this week reported that COSCO had suspended shipping to Israel. The company has declined to comment…

Ethiopia Signs Pact to Use Somaliland's Red Sea Port

Jan 02, 2024

Landlocked Ethiopia signed an initial agreement with Somalia's breakaway region of Somaliland on Monday to use its Red Sea port of Berbera, Prime Minister Abiy Ahmed's office said.The Horn of Africa country currently relies on neighbouring Djibouti for most of its maritime trade…

New IMO Secretary-General Welcomes Era of Progression

Jan 01, 2024

The new IMO Secretary-General Arsenio Dominguez has released a video with his 2024 message to the industry, saying:“Here at IMO, we have a great trajectory of successes. But of course, we can always do more. I don't need to tell you how vital the shipping industry is for the world…

Burning Vessel Diverted to Dutch Harbor, Alaska

Dec 30, 2023

The US Coast Guard is continuing to assess a fire reported on the 410-foot general cargo vessel Genius Star XI off Dutch Harbor, Alaska.The vessel is carrying lithium-ion batteries, and the fire started on Christmas Day in cargo hold No. 1.…

Malaysia to Ban ZIM From its Ports

Dec 19, 2023

Malaysia will ban Israeli shipping company ZIM from docking at any of its ports effective in four weeks, Prime Minister Anwar Ibrahim said on Wednesday.'This restriction is a response to Israel's actions that violate basic humanitarian principles and international laws…

Singapore and Japan Agree Green Shipping Corridor

Dec 17, 2023

The Ministry of Transport of the Republic of Singapore (MOT) and the Ministry of Land, Infrastructure, Transport and Tourism of Japan (MLIT) have signed a memorandum of cooperation to establish the Singapore – Japan Green and Digital Shipping Corridor…

Yemen's Houthis Warn They Will Target All Ships Headed to Israel

Dec 11, 2023

Yemen's Houthi movement said on Saturday they would target all ships heading to Israel, regardless of their nationality, and warned all international shipping companies against dealing with Israeli ports.The Iran-aligned group is escalating…

Bringing the Capital Construction Fund Program Ashore

Nov 16, 2023

On May 5, 2023, the White House announced that the Environmental Protection Agency (EPA) was “taking the next step to invest $3 billion in its Clean Ports Program to fund zero-emission port equipment and technology and to help ports develop climate action plans to reduce air pollutants…

Marsh, Lloyd's, Ukraine Launch War Risk Ship Insurance to Cut Grain Costs

Nov 15, 2023

Insurance broker Marsh MMC.N, Lloyd's of London insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.Kyiv…

Cyprus Outlines Plan for Maritime Corridor to Get Aid to Gaza

Nov 09, 2023

The president of Cyprus outlined a proposal on Thursday to open a maritime corridor to help deliver more aid to Gaza, a plan which he said could be operational quickly but which diplomats said faced challenges.Under the plan presented by President…

UK: King Puts Live Export Ban Back on Agenda

Nov 07, 2023

The King's Speech on November 7 set out the UK Government's agenda for the coming political year, and the animal welfare charity RSPCA is pleased that a live export ban - via an Animal Welfare (Livestock Exports) Bill - was amongst the issues raised in the supplementary notes…

US Awards More than $653 Million for Port Projects

Nov 03, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP).The investments—part of the largest…

Israel's Ship Industry Urges Government to Help with Jump in War Insurance

Nov 02, 2023

Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming.Israel has vowed to annihilate Islamist group Hamas after…

Tanzania Inks Deals with DP World to Operate Dar es Salaam Port Berths

Oct 22, 2023

Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years, a deal that has previously been opposed by Tanzania opposition and rights groups.Plasduce Mbossa, director…

Logistics News

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

China's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

Port of Detroit Unveils Plan to Decarbonize Operations

Port of Detroit Unveils Plan to Decarbonize Operations

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