Government Update News

 

BSM: PDVSA Tanker Management Likely Ending

Mar 14, 2019

Maritime contractor Bernhard Schulte Shipmanagement (BSM) is considering to stop managing Venezuelan state-oil company PDVSA's tankers by the end of this month or in April following U.S. sanctions against the country, BSM said on Thursday.It…

U.S. Democrats Initially Cool to New NAFTA

Mar 13, 2019

Democrats in the U.S. House of Representatives gave a cool reception to the replacement for the North American Free Trade Agreement on Wednesday as the top U.S. trade negotiator opened a campaign to win broad support for the accord in Congress…

Rotterdam Port Prepares for Brexit Gridlock

Mar 11, 2019

Emergency overflow parking spaces for up to 700 trucks have been created near Rotterdam port, Europe's largest, in anticipation of backups caused by Britain's departure from the European Union.Authorities in the Netherlands said on Monday they…

Senator Debuts Bill to Repeal Jones Act

Mar 11, 2019

Sen. Mike Lee (R-UT) introduced the Open America’s Water Act of 2019 last week, according to a press release from the senator, a bill which would repeal the Jones Act and allow all qualified vessels to engage in domestic trade between U.S. ports…

ReCAAP Asia Piracy, Sea Robbery Report

Mar 11, 2019

Piracy and Sea Robbery Situation in Asia in February 2019A total of three incidents of armed robbery against ships were reported in Asia in February 2019There was no report of abduction of crew in the Sulu-Celebes Seas and waters off Eastern…

Indian Govt Sells Stake in Dredging Corporation

Mar 08, 2019

The Union government of India (GoI) has concluded the strategic sale of Dredging Corporation of India (DCIL) to a consortium of four ports Vishakapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust & Deendayal Port Trust.The…

China Diplomat: Real Progress for China-U.S. Trade talks

Mar 08, 2019

The Chinese government's top diplomat, State Councillor Wang Yi, said on Friday that trade talks with the United States had made substantive progress, and that the two countries' relations should not descend into confrontation.Speaking at a…

PDVSA Insists it's Still Working with BSM

Mar 07, 2019

Venezuela's state-run oil company PDVSA said on Thursday it has not halted business with maritime firm Bernhard Schulte Shipmanagement (BSM), even after the German firm said it would remove the crews that have been operating 10 of 15 PDVSA vessels over unpaid fees and return the tankers…

DP World to Invest in Kazakhstan Ports

Mar 06, 2019

The global port operator are in discussions with Kazakhstan government to invest in new infrastructure in the country’s ports and logistics sectors.The potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics…

AWO Testifies Before Congress

Mar 06, 2019

Today, the American Waterways Operators testified before two congressional committees on the state of the American maritime industry.Tom Allegretti, President & CEO, testified before the Senate Commerce, Science and Transportation Committee while across the Capitol…

World Shares Higher on US-China Deal Hopes

Mar 04, 2019

Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.U.S. President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two countries…

Fire Breaks out on USCG's Polar Star

Mar 01, 2019

It seems the U.S. cannot do enough to fast-track the construction of its new icebreaking fleet, as the USCG announce last night that the 150-member crew of the U.S. Coast Guard Cutter Polar Star fought a fire at approximately 9 p.m. PST Feb…

U.S. Army Corps Selects 10 Beneficial Use Pilot Projects

Feb 28, 2019

At the end of December, the U.S. Army Corps of Engineers (ACE) announced its selection of ten dredging projects that will form the core of a pilot program to advance the beneficial use of dredged material.The recent U.S. Army Corps of Engineers’…

Maersk: Firm Cleared in U.S. Shipping Investigation

Feb 26, 2019

A.P. Moller Maersk said on Tuesday a U.S. Department of Justice (DoJ) investigation into the practices of container shipping companies had closed and the group was released from any obligations.In 2017, the DoJ ordered top executives from several…

ABS Answers USCG Call for Port Cyber Security

Feb 25, 2019

New solution incorporates National Institute of Standards and Technology Cyber Security Framework (NIST CSF). ABS Advanced Solutions announced a first-of-its-kind cyber security solution to aid regulated maritime facilities in complying with US Coast Guard (USCG) guidance…

Logistics News

AAPA Writes to DOT about Surface Transportation Reauthorization

AAPA Writes to DOT about Surface Transportation Reauthorization

Ships Queue at Russian Grain Port

Ships Queue at Russian Grain Port

Baltimore: Bulk Carrier Afloat After Explosion

Baltimore: Bulk Carrier Afloat After Explosion

$1 Billion Fine for X-Press Pearl Disaster

$1 Billion Fine for X-Press Pearl Disaster

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