Government Update News

 

White House: Tariff May be Removed if Trade Deal Reached

Nov 08, 2019

Tariffs could be lifted amid the U.S.-China trade deal if an agreement is reached, a White House spokeswoman said on Friday, citing optimism about a final pact but giving no further details.'We're very optimistic for some kind of a deal, and…

Russian Gas Tanker to Lift U.S. LNG

Nov 08, 2019

A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for a liquefied natural gas (LNG) terminal in the United States, ship tracking data from Refinitiv's Eikon showed on Friday.The collection…

Metal Shark To Build Fireboat for Canaveral

Nov 07, 2019

Shipbuilder Metal Shark is significantly expanding its presence in the fireboat market with a diverse range of fireboats currently in production for multiple customers. Most notably, the company has announced a custom “70 Defiant” fireboat to be built for Canaveral Fire Rescue in Cape Canaveral…

Oil surges as China Pushes Tariff Rollbacks

Nov 05, 2019

Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.Brent crude futures rose 74 cents, or 1.2%, to $62.87 a barrel by 12:56 p.m. EST (1756 GMT)…

Phase One Trade Deal with China in 'Good Shape'

Nov 01, 2019

The initial 'phase one' trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.'We're pretty comfortable that the phase one is in good shape…

Iranian, Algerian Ports Sign MoU

Oct 31, 2019

A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime between the port of Imam Khomeini and the ports of Algeria.Adel Deris, Director General of Khuzestan Ports and Maritime…

Netherlands, Poland Pact on Ports

Oct 30, 2019

Polish President Andrzej Duda visited the Port of Rotterdam during his State Visit to the Netherlands in connection with the 75th remembrance of the liberation of the South of the Netherlands.In the presence of Cora van Nieuwenhuizen, the Netherlands Minister of Infrastructure and Water Management…

India, S. Arabia in New Petro Relationship

Oct 29, 2019

India and Saudi Arabia have decided to expand its ‘energy relationship’ into next phase to include Saudi partnership in building additional crude oil storage reserves in India, a new refinery on the west coast of India and investment in retail sector in petroleum…

U.S. Shipping Sanctions Dent HSFO Demand

Oct 29, 2019

U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result -- less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.The move to blacklist ships from COSCO on Sept…

Full Utilization of HMTF Passes in U.S. House

Oct 29, 2019

This evening the U.S. House of Representatives passed by a recorded vote the Full Utilization of the Harbor Maintenance Trust Fund (HMTF), H.R. 2440.  The vote was 296 in favor and 109 opposed.  The voting required a two-thirds super majority…

Unipec Resumes Using COSCO Tankers

Oct 29, 2019

China's Unipec has resumed using tankers owned by COSCO weeks after it suspended bookings due to U.S. sanctions on some of the Chinese shipping company's subsidiaries, trade sources said on Tuesday.Refinitiv data showed one COSCO owned tanker - belonging to a subsidiary not affected by the U…

Great Lakes Seaway Shipping Highlights Economic Impact

Oct 25, 2019

The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…

Massachusetts Maritime Academy Opens Wind Training Facility

Oct 25, 2019

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind…

EU to Launch Ocean Tracker

Oct 23, 2019

The European Union (EU) is set to launch a new interactive map, dubbed The Ocean Tracker, to follow the commitments, made by governments, businesses and NGOs, worth more than €10 billion ($11.13bn) so far.EU Commissioner Karmenu Vella, responsible for Environment…

DCA to U.S. House: Fully Utilize HMT Fund

Oct 23, 2019

The U.S. House of Representatives is set to consider H.R. 2440, Full Utilization of the Harbor Maintenance Trust Fund bill on Monday October 28, 2019.  The bill may be presented in the House under “suspension of the rules.”“We strongly support…

Logistics News

Ukraine Strikes Russian Port in Astrakhan

Ukraine Strikes Russian Port in Astrakhan

Panama Canal to Launch Tender for Two New Ports

Panama Canal to Launch Tender for Two New Ports

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

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