Government News

 

DOT Chief Chao Echos President's Call for Infrastructure

Feb 06, 2019

The Statement of U.S. Secretary of Transportation Elaine L. Chao issued the following statement regarding the President’s State of the Union Address. “Tonight the President issued a bipartisan call to repair and restore America’s aging infrastructure…

HMAS Ballarat Seizes 3.1 tonnes of Hashish in the Middle East

Jan 14, 2019

Royal Australian Navy frigate HMAS Ballarat has seized more than 3.1 tonnes of hashish worth about $155 million* during a boarding operation that took place 8-9 January 2019 in international waters in the Arabian Sea.The fishing vessel, known as a dhow…

Ahead of Brexit, ABP Increases Investment in Port of Hull

Jan 14, 2019

Port operator Associated British Ports (ABP) said on Monday it had boosted investments at its Port of Hull, bringing the total to 250 million pounds ($321.78 million) since the country's 2016 decision to leave the European Union.ABP said it…

U.S. Commerce Secretary: U.S., China Could Settle Immediate Trade Issues

Jan 07, 2019

The United States and China are likely to reach a good settlement over immediate trade issues while agreement on structural trade issues and enforcement will be harder, U.S. Secretary of Commerce Wilbur Ross said on Monday as U.S.-China trade talks resumed…

China-U.S. Trade Talks a Tonic to Battered Markets

Jan 04, 2019

World stock markets rallied on Friday after Beijing announced a new round of trade talks with Washington, though recession fears still had markets betting the next move in U.S. interest rates might be down.News that the United States and China…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

China to Halt Additional Tariffs on U.S.-made Cars

Dec 14, 2018

China to suspend additional 25 pct tariffs on U.S.-made cars for three months; China's planned tariff halt follows purchase of U.S. soybeans.China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan…

US Senators Alarmed if China Gets Control of Djibouti Port

Nov 14, 2018

Two prominent U.S. senators expressed alarm on Tuesday about the military and political consequences if China gains control of a port terminal in Djibouti, and said they were concerned it could further boost Beijing's influence in East Africa…

Trudeau Discussed Steel Tariffs with Trump in Paris

Nov 12, 2018

Canadian Prime Minister Justin Trudeau said on Monday he had discussed U.S. steel and aluminium tariffs with President Donald Trump over the weekend and that he hoped to reach a resolution on the matter by the G20 summit in Argentina.'I absolutely brought up the issue of steel and aluminium tariffs…

DSC Dredge CEO Wetta Delivers Ghana Fact-Finding Trip Report

Nov 09, 2018

As a member of the President’s Advisory Council – Doing Business in Africa (PAC-DBIA), Bob Wetta attended the September 26, 2018 Fact-Finding Trip Report meeting in Washington, D.C., with U.S. Secretary of Commerce Wilbur Ross and 13 other U…

EU Approves State Aid for Lithuanian LNG Terminal

Oct 31, 2018

The European Commission approved on Wednesday new government support terms to the liquefied natural gas (LNG) terminal at the Klaipeda seaport, after the Lithuanian authorities changed some of the conditions it got approval for already in 2013…

Philippines Short-lists Three Groups for LNG Terminal Project

Oct 30, 2018

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday.Short-listed companies were chosen from 18 groups that submitted proposals for the project…

Coast Guard reopens North Carolina, Virginia ports

Oct 12, 2018

The Captain of the Port for Hampton Roads has reopened the port without restrictions Friday morning.The COTP for North Carolina reopened the Ports of Wilmington and Morehead City Friday morning. Mariners in North Carolina are advised to exercise…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
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