Government Update News

 

Pirates Release Kidnapped Tanker Crew off Togo

Dec 13, 2019

Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel's manager said on Friday.A fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added…

U.S., China Reach Trade Deal 'in principle'

Dec 12, 2019

The White House has reached a 'deal in principle' with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said…

Chinese Tanker Spurns Malaysian Inspections

Dec 11, 2019

An oil tanker, which shipping data showed was managed by a Chinese company under U.S. sanctions, refused to allow an inspection by maritime authorities while anchored in Malaysian waters, Malaysia's maritime agency said.Silvana III's commercial manager is Kunlun Shipping Co Ltd…

Pelosi to Speak as U.S. Closes in on USMCA Deal

Dec 10, 2019

U.S. House Speaker Nancy Pelosi will hold a news conference on Tuesday to discuss the U.S. Mexico Canada (USMCA) trade deal as U.S. and Canadian officials prepared to fly to Mexico City to work on final changes to the agreement.'We're close…

Maritime Schools Must Prep for Offshore Wind Jobs

Dec 09, 2019

The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43…

Fuel Market Calm ahead of IMO Changeover

Dec 02, 2019

Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years.From the start of 2020, ocean-going ships…

U.S. Assures Banks on COSCO Shipping Sanction Rules

Nov 27, 2019

The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on Chinese shipping companies it had previously sanctioned for allegedly transporting oil from Iran, in a move meant to blunt the impact of the sanctions on global shipping markets…

Angelo Receives IMO Maritime Prize for 2018

Nov 27, 2019

The prestigious International Maritime Prize for 2018 has been presented to Mr. Joseph J. Angelo. Angelo,  a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who…

US: Qatar, Kuwait to Join Naval Coalition

Nov 25, 2019

Qatar and Kuwait have told the United States that they will join a U.S.-led naval coalition in the Gulf which was established in response to a series of attacks on oil tankers, a U.S. military official said on Monday.'Qatar and Kuwait have already told us they are going to join…

Romania Tries to Free Trapped Sheep on Capsized Ship

Nov 25, 2019

Port authorities tried to right a capsized ship on Monday to rescue thousands of sheep trapped below deck in the Black Sea off Romania.The Palau-registered Queen Hind flipped onto its side shortly after leaving Romania's Midia port en route to Saudi Arabia on Sunday…

Ferry Faults: USCG Suspends Ops on 23 NY Ferries

Nov 24, 2019

The U.S. Coast Guard ordered 23 New York Waterway ferries to suspend service over the last week after a series of inspections found the vessels to be operationally unfit. Coast Guard Sector New York marine inspectors determined the 23 ferries…

$20m Infrastructure Investment in Jacksonville

Nov 22, 2019

U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $20 million to Jacksonville for the International Cargo Terminal Modernization Project. U.S. Secretary of Transportation Elaine L…

India Spends $1.9Bln on Port Expansion

Nov 21, 2019

The government of India has spent INR 13308.41 Crore ($1.9Bln) on infrastructure development and capacity augmentation of major ports in the country.A number of projects have been awarded in the last three years on upgradation of the major Ports…

Houthis Release South Korean, Saudi vessels

Nov 20, 2019

Yemen's Iran-aligned Houthi movement released three vessels and 16 people it had seized, South Korea's Foreign Ministry and a Houthi military source in Yemen said on Wednesday.The seizure on Sunday was the latest incident at sea around Yemen…

US Funds $30 million for Coastal Flood Protection

Nov 19, 2019

The U.S. government's oceans and waterways agency will provide $30 million to improve coastal resilience, officials said, aiming to reduce the impacts of worsening storms, flooding and rising seas in nearly half of U.S. states.Grants through…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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