Government Update News

 

Sri Lanka, Japan, India Pact on ECT

May 31, 2019

The three governments of Sri Lanka, Japan and India have signed a Memorandum of Cooperation (MoC) for the development of the East Container Terminal (ECT) located in the Colombo South Port.'As a hub of the Indian Ocean, the development of Sri Lanka and openness of its ports are of great importance…

First ANS Cargo in One Year on Way to China

May 30, 2019

One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv Eikon and vessel-tracking firm Kpler.China's imports of U.S. crude have fallen amid the two countries' trade dispute to 41…

ICS Launches Definitive Guidelines on MLC Convention

May 30, 2019

Responding to changing regulations the International Chamber of Shipping (ICS) has launched of the third edition of its essential Guidelines on the Application of the ILO Maritime Labor Convention, the only fully up to date guide to the Maritime…

South African Court Halts Port Strike

May 29, 2019

The South African Transport and Allied Workers Union (Satawu) said on Wednesday a court interdiction secured by the national ports authority has stopped planned strike action at ports from Thursday.'Transnet National Ports Authority has interdicted…

CMA CGM Upbeat Despite China-U.S. spat

May 29, 2019

Shipping giant CMA CGM expects to see further growth in its volumes this year as increasing activity from southeast Asia towards the United States helps make up for slowing China-U.S. flows that were a drag on its first quarter.French-based CMA CGM…

US warns Hong Kong about Iranian Oil Tanker

May 28, 2019

The United States has warned Hong Kong to be on alert for a vessel carrying Iranian petroleum that may seek to stop in the Asia financial hub, and said that any entity providing services to the vessel will be violating U.S. sanctions.The news comes two weeks after U…

Risk Drives Up US-Venezuela Cargo Rates

May 28, 2019

Two major shipping lines this month have raised their rates for transporting goods from the United States to Venezuela, according to three industry sources and two documents, as U.S. sanctions limit transit between the two nations.Washington…

U.S. Deploys Troops to Middle East, Blames Iran for Tanker Attacks

May 24, 2019

The United States on Friday announced the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as it accused the country's Revolutionary Guards of direct responsibility for this month's tanker attacks…

CG Seeks Participants for Straits of Mackinac PAWSA Workshop

May 24, 2019

The U.S. Coast Guard is soliciting for members of the public to participate in a Ports and Waterways Safety Assessment (PAWSA) workshop for the Straits of Mackinac that will take place in St. Ignace, Michigan, July 24 and 25.A longstanding and proven Coast Guard process for formal public study…

DP World Strengthen Brazil Ties

May 22, 2019

Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with the global port operator DP World Group's Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia this week.They discussed social reform, a stable…

London P&I clubs Widen Middle East Threat Zone

May 17, 2019

London's marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates and the Gulf after ship attacks off Fujairah, officials said on Friday, in a move that could push up premiums.The London…

Largest Boxship Ever Transits Panama Canal

May 16, 2019

Today, the Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal since it opened in June 2016.The Neopanamax containership Triton, which has a Total TEU Allowance (TTA) of 15…

Houston Ship Channel Reopens to Two-Way Traffic

May 15, 2019

The Houston Ship Channel reopened on Wednesday to two-way traffic after salvage crews removed two gasoline barges damaged in a weekend collision with a deep-draft vessel, officials said.About 11,280 barrels of gasoline spilled into the channel near Bayport…

One Dead, One Hurt in Los Angeles Port Accident

May 15, 2019

An industrial accident on Wednesday, May 15 at a Port of Los Angeles container terminal tragically took the life of an International Longshore and Warehouse Union (ILWU) worker and seriously injured a second worker. The incident occurred at approximately 7:25 a…

Trump: US-China Trade Talks Haven't Collapsed

May 14, 2019

U.S. President Donald Trump on Tuesday said trade talks with China had not collapsed, characterizing the trade war between the world's two largest economies as 'a little squabble.'He made the remarks to reporters at the White House as Beijing…

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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