Government & Regulations News - page 5

 

Western States to Ramp up Pressure on Russian 'shadow fleet'

Dec 17, 2024

Vessels of Russia's so-called shadow tanker fleet will be boarded or put on a sanctions list if they do not provide proof of insurance, Estonia's prime minister said on Tuesday.'Shadow fleet' refers to vessels used by Russia to move oil, arms…

US Study of LNG Exports due on Tuesday

Dec 16, 2024

President Joe Biden's administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said…

Car Carrier Vessel Market Outlook for '25 is Bearish

Dec 16, 2024

Political winds blowing a raft of new tariffs and incoming supply uptick suggests a volatile 2025 Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45…

House Oversight Committee Releases Memo on USCG Misconduct Probe

Dec 13, 2024

House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct…

Trump Signals Support for ILA Dockworkers

Dec 13, 2024

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…

Venture Global Louisiana Plaquemines LNG Plant "on track"

Dec 13, 2024

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG, according to data from financial group LSEG and energy analysts…

Sweden: New Offshore Wind not Commercially Viable

Dec 13, 2024

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…

CMA CGM seeks 2025 Singapore biofuel bunker supply

Dec 13, 2024

French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according to market sources.The company has been one of the top lifters of marine biofuel in Singapore this year…

Panama Canal Battles Ongoing Drought

Dec 12, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

Singapore's MPA looks to scale up LNG bunkers

Dec 12, 2024

The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.The EOI seeks…

NRF: Imports to Soar on Tariff Threat, Potential Port Strike

Dec 10, 2024

With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring…

Shipbuilder's Appeal in Mozambique Lawsuit Denied

Dec 10, 2024

Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique's victory in a London lawsuit over the decade-old 'tuna bond' scandal.The southeast African country sued Privinvest and its now late owner Iskandar Safa…

McKeil Marine Chooses Thordon Bearings for Bulker Refit

Dec 09, 2024

Thordon Bearings has delivered COMPAC water-lubricated propeller shaft and SXL rudder bearings to replace oil- and grease- lubricated bearings onboard McKeil Marine’s bulk carrier Northern Venture as part of a major refurbishment project.Established in 1956…

FMC Closes One Investigation into Conditions Created by Canadian Ballast Water Regulations

Dec 09, 2024

The Federal Maritime Commission is closing one of its two investigations of how Canadian ballast water regulations impact shipping in the Great Lakes, but the remaining investigation will continue to permit the agency to assess if Canadian government…

Port Authority-Led Supply Chain Panel Steers NY/NJ Seaport

Dec 06, 2024

The summer of 2013 was a breaking point for the Port of New York and New Jersey.“It was like Armageddon,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “It was the worst cargo congestion we’ve ever seen…

Logistics News

BDI Hits One-Week High as Commodity Markets Firm

BDI Hits One-Week High as Commodity Markets Firm

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

U.S. Wants Black Sea Ceasefire

U.S. Wants Black Sea Ceasefire

North Queensland Ports Contribute Billions to Local Economy

North Queensland Ports Contribute Billions to Local Economy

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