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Government Update News

 

Ukraine Says Russia Has Effectively Stopped Black Sea Grain Deal

May 08, 2023

Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, Ukraine's reconstruction ministry said on Monday.Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three…

US Launches $4 Billion Effort to Electrify US Ports, Cut Emissions

May 05, 2023

The Biden administration on Friday launched a $4 billion effort to electrify U.S. ports and cut heavy duty truck emissions as the government looks to address disproportionate impacts on nearby communities.The U.S. Environmental Protection Agency…

Australian Government Highlights Nation’s Green Hydrogen Ambition

Apr 13, 2023

The Australian government has released its annual State of Hydrogen report, saying it reinforces that Australia has the foundations to become a global leader in green hydrogen.The report illustrates local industry is advancing hydrogen as a chemical feedstock and for export to generate electricity…

Lower Snake River Issues Cause Concern for Barge Transportation Industry

Mar 23, 2023

The inland waterways report in September 2022 edition of Marine News focused on issues facing the Lower Snake River Dams (LSRD) in the northwest, in U.S. Army Corps of Engineers’ (USACE) Walla Walla District.That report referenced issues and…

Steps To Take Now For New Maritime Infrastructure Funding Opportunities

Mar 22, 2023

Much has been said both in Congress and by the current administration of the need to restore and enhance our nation’s transportation infrastructure, including its maritime transportation infrastructure. Recent legislation, such as the Infrastructure Investment and Jobs Act (IIJA…

Getting the Work Right: Coordinating Money, Time and Big Projects

Mar 20, 2023

I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees…

MARAD Announces $12.4 Million for US Marine Highway Program

Mar 01, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…

Ukraine Urges UN and Turkey to Start Talks to Extend Grain Deal

Feb 28, 2023

Ukraine has sent an appeal to the UN and Turkey to start negotiations on extending a grain export deal, but so far there has been no response, a Ukrainian government source said on Tuesday.Yuriy Vaskov, Ukraine's deputy minister of restoration…

Singapore Companies Should Manage Own Risks in Russian Oil Trade, Minister Says

Feb 24, 2023

Companies in Singapore will have to consider and manage any potential impact on their business activities, transactions, and customer relationships when dealing with Russian crude oil and refined products, a government official said on Friday…

USDOT Pumps $660M More Into Port Infrastructure

Feb 08, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP)…

Wisconsin Awards $5.3 Million in Harbor Maintenance Grants

Feb 03, 2023

Wisconsin Gov. Tony Evers, together with the state's Department of Transportation (WisDOT), announced grants totaling $5.3 million for seven harbor maintenance and improvement projects to promote waterborne freight and economic development.“From the Great Lakes to the Mississippi River…

Brazil Will Halt Santos Port Privatization

Dec 22, 2022

Brazil's government will not proceed with the privatization of the port of Santos, the largest in Latin America, the incoming minister of ports and airports was quoted as saying on Thursday by a Brazilian newspaper.Marcio Franca, tapped to head…

Inside the Chinese Port Deal that Divided the German Government

Dec 12, 2022

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…

Ukraine Shipping Hub Cheers as Kherson Win Foils Russian Black Sea Hopes

Nov 16, 2022

In Mykolaiv's blast-cratered district of Korabel, close to Ukraine's southern front, Pavel Salohub, a teacher of history and boxing, has not heard a single explosion in four days - the first such respite from war since Russia invaded.Friday's…

Yemen's Houthis Increase Pressure with Oil Port Attacks

Nov 10, 2022

Yemen's Houthi group is piling on pressure to extract economic gains in U.N.-led talks for an extended truce deal with attacks on oil ports in government-held areas, which officials say have disrupted crude exports, choking state revenues.Yemen's…

Logistics News

Oman Battles Fire at Salalah Port After Drone Strike

Oman Battles Fire at Salalah Port After Drone Strike

Six Vessels Attacked as War Puts Merchant Ships on Front Lines

Six Vessels Attacked as War Puts Merchant Ships on Front Lines

FMC Issues Warning on Strait of Hormuz Surcharges

FMC Issues Warning on Strait of Hormuz Surcharges

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

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Honda reports a loss of up to $3.5 billion in its fiscal year 2019 as it evaluates its EV strategy
Oman tries to control fires at Salalah Port after drones strike
Wall Street Journal, March 12,