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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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’…
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…
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…