Government Update News

 

Export Licensing: Tips U.S. Exporters Shouldn’t Overlook

Jul 10, 2019

Export Control Lists Include Key Marine Tech Categories  Each year, the U.S. Department of Commerce receives thousands of inquiries from businesses looking to export, many of which involve licensing questions. The Commerce Department’s Bureau of Industry and Security (BIS)…

FMC Issues Notice to Passengers on Cuba Itineraries

Jul 10, 2019

The Federal Maritime Commission (FMC) is aware that passenger cruise lines that called Cuba have amended itineraries to comply with amendments made to the Cuban Assets Control Regulations announced in the Federal Register on June 5, 2019.Passengers…

U.S. CBP Seizes MSC Gayane following Cocaine Bust

Jul 10, 2019

U.S. Customs and Border Protection’s (CBP) Area Port of Philadelphia seized the MSC Gayane Thursday following a record seizure of 20 tons of cocaine on June 17.Upon application from the U.S. Attorney’s Office for the Eastern District of Pennsylvania…

Denmark Launches Digital Shipping Register

Jul 09, 2019

Denmark will have a digital register of shipping by 2020 that will lower costs for business communities and provide easier access to data, announced the Danish Maritime Authority (DMA).DMA will now start developing the new digital Danish Register of Shipping…

Iran: UK Tanker Detention a 'threatening act'

Jul 08, 2019

Britain's detention of an Iranian tanker last week was a threatening and incorrect action, Iran's Defence Minister Amir Hatami said on Monday in a speech broadcast live on state television.Royal Marines seized the tanker on Thursday for trying…

Container Market Challenges Likely as Uncertainty Mounts

Jul 03, 2019

Today’s container market is confronting more than its fair share of headwinds.The recently published Container Forecaster from global shipping consultancy, Drewry, highlights concerns of a slowing global economy stoked by the ongoing US-China trade war (albeit paused for the moment)…

Tajikistan to Expand Multimodal Shipping

Jul 02, 2019

The 14th Meeting of the Railway Leaders of the Economic Cooperation Organization (ECO) and the 8th Meeting of the Railway Committee of the Transport Coordination Council of the ECO (TTCC) was held in Dushanbe, Republic of Tajikistan.The meeting…

Shipping Firms Drop UK Flag as Brexit Looms

Jul 02, 2019

Companies are leaving Britain's shipping registry due to uncertainty over Britain's departure from the European Union and future commercial arrangements with the bloc, industry officials say.All commercial ships have to be registered, or flagged…

ESA to Partner with One Sea Alliance

Jul 02, 2019

A Memorandum of Intent covering future collaboration has been signed by the organization orchestrating space programmes for 22 European countries and the coordinators of One Sea, the industry alliance bringing together exponents of autonomous ship technology…

Port Canaveral Wins Funding for Response Vessel

Jul 01, 2019

New fireboat will provide enhanced firefighting and rescue capabilities for maritime and commercial space. The Canaveral Port Authority will receive $1.5 million in funding from the State of Florida to support the acquisition of a specialized…

MSCI Advisory: Regional Conflict and Piracy

Jul 01, 2019

2019-007-Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and Indian Ocean-Violence Due to Regional Conflict and PiracyDescription:This revised advisory cancels U.S. Maritime Advisory 2018-0151. References: (a) U.S. Maritime Alerts 2018-001A…

Singapore Suspends Inter-Pacific Petroleum's Bunker License

Jun 28, 2019

Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.The MPA suspended the license, which allows Inter-Pacific to operate tankers used to load marine fuel…

Hopes for U.S.-China Trade Truce Boost Markets

Jun 27, 2019

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.The South China Morning Post (SCMP)…

Water Outflow on Seaway Now Above 10,400 CMS

Jun 26, 2019

The Chamber of Marine Commerce supports the International Lake Ontario-St. Lawrence River Board’s decision Friday to continue flow rates from the Moses-Saunders dam at 10,400 cubic meters per second (CMS).Maintaining the 10,400 CMS outflow still results in a significant cost to the economy…

U.S. Wants 'Reasonable' Trade Deal with China

Jun 26, 2019

The United States 'is not looking for victory' with China over trade but wants 'a sensible deal that addresses the legitimate issues that we have,' U.S. Commerce Secretary Wilbur Ross said on Wednesday.'There are some inappropriate activities underway by the Chinese…

Logistics News

Australian Seafarer Welfare Centers Hampered by Chronic Under-Funding

Australian Seafarer Welfare Centers Hampered by Chronic Under-Funding

Trump: US Will Help Free Ships Stranded in Strait of Hormuz

Trump: US Will Help Free Ships Stranded in Strait of Hormuz

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

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Wall St Futures fall as US-Iran tensions increase volatility
The US has pledged to increase shipping through the Strait of Hormuz, but most of it is at a standstill.
Sweden arrests Chinese Captain of suspected Russia-linked vessel