In response to the worldwide COVID-19 pandemic, the Congressional Research Service released a report that stated global economic growth has declined by 3% to 6% in 2020 with a partial recovery predicted for 2021. Also, the GDP of the U.S. has fallen by 5% in the first quarter 2020…
Vassilios Demetriades has been appointed as Cyprus' new Shipping Deputy Minister, the country's president Nicos Anastasiades announced as part of a cabinet reshuffle. The seasoned maritime policy expert, known for his extensive work within the…
America’s port authorities are advocating for relief to manage the “extremely negative impacts” on the seaport industry brought on by the coronavirus pandemic as U.S. policymakers begin negotiations on the next COVID-19 aid package.Among the…
A combination of factors including stowage deficiencies likely led to the loss of containers from the U.K.-flagged containership Ever Smart off the coast if Japan in 2017, according to U.K. investigators.On October 30, 2017, the 300-meter, 7…
The Isle of Man Ship Registry has retained its place within the United States Coast Guard’s QUALSHIP 21 program, designed to recognize foreign-flagged vessels that maintain the highest safety and quality standards.Isle of Man Ship Registry director…
The U.K. Hydrographic Office has announced the appointment of Rear Admiral Peter Sparkes, the current U.K. National Hydrographer and Deputy Chief Executive, to the position of acting chief executive and accounting officer.Sparkes will hold the…
A new bill introduced in the U.S. aims to make available $200 million in grant funding for community and technical colleges offering training programs for maritime industry professions. The legislation H.R. 7456 was introduced by Congresswoman Sylvia R…
The U.S. Energy Department on Monday approved the export of up to 1 billion cubic feet per day of liquefied natural gas from a proposed terminal in Oregon, a move it said would ease U.S. sales of the fuel to Asian markets.The approval advances…
Port states benefit greatly from the vessels that call at their ports, loading and unloading cargoes with great efficiency and speed. The items manufactured in those states and sold overseas keep many of their citizens gainfully employed. The…
As many as 40 cargo vessels arriving in New Zealand will be subject to random hull checks as part of a study aiming to build a profile of vessels that are most likely to be contaminated with foreign marine species. The ships randomly selected…
The U.K. government announced Thursday it will host an international summit next month to address crew change challenges caused by the COVID-19 health crisis.Led by U.K. Maritime Minister Kelly Tolhurst, the virtual event will bring together UN…
Georgia has become the latest nation to say it will facilitate crew changes amid the coronavirus pandemic, the country's Maritime Transport Agency said.“It’s been more than a month since Georgia has been actively cooperating with the maritime…
Developments in the oil tanker market in the past decade dominated by geopolitics, says shipping association BIMCO.Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and…
The Federal Water Pollution Control Act (FWPCA, often called the Clean Water Act), as amended by the Oil Pollution Act of 1990 (OPA 90), provides:If a discharge, or a substantial threat of a discharge, of oil or a hazardous substance from a vessel…
Tankers carrying nearly two months worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul of U.S. sanctions, according to industry sources, PDVSA documents and shipping data.Washington…
