Government & Regulations News - page 12

 

Australia Sentences Mexican Drug Importer to 22 Years in Jail

May 09, 2023

A Mexican national has been jailed for 22 years for his role in an attempt to import more than 600kgs of methamphetamine into Australia, concealed in rotting, raw cow hides.In 2019, Australian authorities seized the 668kgs of crystal methamphetamine hidden inside raw animal skins…

Berlin Reviewing Decision to Allow Chinese Investment in Hamburg Port Terminal

Apr 12, 2023

Berlin is reviewing its decision to allow China's Cosco to take a stake in one of logistics firm HHLA's three terminals at the Hamburg port, a spokesperson for the German economy ministry said on Wednesday.Responding to a question about the…

New EU-UK Trade Deal Has Promise for Northern Ireland and US as Well

Apr 04, 2023

A new trade agreement between the European Union and the United Kingdom, which left the EU in 2020, could have finally found a way to safeguard peace in Northern Ireland after Brexit reignited old tensions.The deal between the EU and the U.K…

World Shipping Council Speaks Out on Threat to Vessel Sharing

Mar 28, 2023

The World Shipping Council (WSC) has spoken out against new US legislation which aims to eliminate current vessel sharing arrangements as set out in the Shipping Act.The act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets…

European Ports Welcome FuelEU Maritime Agreement

Mar 23, 2023

The European Sea Ports Organisation (ESPO) has welcomed the preliminary agreement between EU co-legislators on the FuelEU Maritime regulation.The European Parliament and Council have agreed on the details of the regulation which will ensure…

Headwinds for the Poseidon Principles

Mar 21, 2023

The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…

USDOT Pumps $660M More Into Port Infrastructure

Feb 08, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP)…

Interview: Knut Ørbeck-Nilssen, CEO Maritime, DNV

Jan 10, 2023

Knut Ørbeck-Nilssen, CEO Maritime, DNV, says that while progress towards industry decarbonization should be applauded, it must be accelerated. Shipping needs to work together, in tandem with other sectors and stakeholders, if we’re to stand a hope of reaching our most ambitious…

Inside the Chinese Port Deal that Divided the German Government

Dec 12, 2022

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…

Port of London Looks to Expand River Commerce at Isle of Dogs Pier

Nov 23, 2022

The Port of London Authority (PLA) has acquired Masthouse Terrace Pier on the Isle of Dogs in East London in an effort to increase light freight on the river.Port of London officials view the project as a step up for London's working river and maritime commerce industry…

FMC Commissioner Bentzel Urges UIIA, OSRA Harmonization

Nov 15, 2022

U.S. Federal Maritime Commission (FMC) Commissioner Carl W. Bentzel last week sent a letter to leaders of the Intermodal Association of North America (IANA) trade group urging harmonization of the Uniform Intermodal Interchange & Facilities…

ABS to Support Industrial-Grade, Cyber-Physical Platform for Shipboard OT

Nov 02, 2022

ABS has been announced as the industry collaborator to build the Maritime Testbed of Shipboard Operational Technology (MariOT) Systems. The project is led by iTrust, Center for Research in Cyber Security at the Singapore University of Technology and Design (SUTD)…

Congress, GAO Set Their Focus on Cargo Preference Fixes

Oct 12, 2022

On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U…

Cargo Shippers Pressure EU for Review of Container Shipping Regulation

Jul 25, 2022

Ten trade organizations representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping are demanding an immediate review of European Union’s Consortia Block Exemption Regulation for the container shipping industry…

Maritime Antitrust Immunity in Crosshairs

Apr 07, 2022

While those in the Beltway continue to struggle to offer solutions to U.S. supply chain capacity issues, it seems apparent that policymakers have at least found their scapegoat for these issues in the form of the maritime industry. A specific talking point during the State of Union Address…

Logistics News

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

New Chief Executive Appointed at MPA Singapore

New Chief Executive Appointed at MPA Singapore

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

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Adani Ports in India beats its quarterly profit forecast on the back of higher cargo growth
Russian ESPO Blend oil shipping rates are at their lowest level since January, traders report
South Korea's NOFI buys estimated 132,000 T corn, traders say