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…
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 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'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…
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)…
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 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…
U.S. federal Maritime Commission Chairman Daniel B. Maffei announced Phillip C. “Chris” Hughey has been hired as the General Counsel of the Federal Maritime Commission and appointed to be a member of the Senior Executive Service.In his capacity as General Counsel to the Commission…
The White House announced President Biden's appointment of former Milwaukee port director, Adam Tindall-Schlicht, as the next Administrator of the Great Lakes St. Lawrence Seaway Development Corporation (GLS). Tindall-Schlicht resigned his position at Port Milwaukee on October 19…
German Chancellor Olaf Scholz on Thursday stressed the need for Europe to diversify its relations to ensure it is not dependent on any one nation, a day after he pushed through a decision to let a Chinese firm invest in a terminal at the country's largest port…
U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program…
Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an 'emergency solution' to approve the deal but mitigate the impact.Shipping…
The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take…
Germany has ordered police to guard LNG terminals under construction and increased aerial supervision of its rail network as it prepares a law to bolster the protection of critical infrastructure, its interior minister told Reuters.Suspected…
On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U…
