Government & Regulations News - page 5

 

Coro Energy Awaits Approval on Duyung

Feb 10, 2020

Southeast Asian focused upstream company Coro Energy Plc said that Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the transfer of a 15 percent interest in the Duyung PSC offshore IndonesiaIn February 2019…

Fueltrax Earns Certification by Verifavia

Jan 28, 2020

Verifavia Shipping, the independent accredited environmental verification and auditing body for maritime industry, has certified Fueltrax, against the European Union’s (EU) Monitoring Reporting and Verification (MRV) regulation requirements and IMO Data Collection System (DCS)…

India Okays Model Pact on Seafarers

Jan 22, 2020

Indian Government approved a model pact with foreign countries that would also allow unilateral recognition of seafarers' competency certificates, thus easing the process for them to seek employment on ships under the flag of that country.The…

Maritime Schools Must Prep for Offshore Wind Jobs

Dec 09, 2019

The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43…

Singapore Raises Concern over HHI-DSME Deal

Dec 02, 2019

The Competition and Consumer Commission of Singapore (CCCS) has expressed concern about the agreement of fusion notified from the South Korean shipbuilding groups Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering Co…

SHI to Pay $75m in Fine: US Justice Dept

Nov 24, 2019

South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has agreed to pay $75 million in penalties to avoid prosecution in the United States over its scheme to pay millions of dollars in bribes to Brazilian officials to win a contract.“Samsung…

Hyundai Seeks EU's Ok to Acquire Daewoo

Nov 13, 2019

South Korea’s leading shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has submitted an application to the European Union for approval for its takeover of the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME)…

Hamburg Süd Announces EFF

Nov 03, 2019

German container shipping company Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG (Hamburg Süd) will introduce an Environmental Fuel Fee (EFF) effective 1 December 2019.According to a press release from the German carrier…

AAPA Says Senate Cuts Key Port Grant Program

Nov 01, 2019

The American Association of Port Authorities (AAPA) is very concerned with the U.S. Senate’s approval of a fiscal 2020 appropriations bill that cuts funding by more than two-thirds to a U.S. Department of Transportation Maritime Administration…

Teekay Resolves China LNG JV Issues

Oct 22, 2019

Teekay LNG’s 50/50 joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings, is also no longer classified as a “blocked person” under Office of Foreign Assets Control (OFAC) rules.According…

UK Focuses on Safety of Navigation

Oct 15, 2019

International Maritime Organization (IMO)'s rules and regulations for suppressing unlawful acts against the safety of navigation can be seen in the wider context of the global fight against terrorism.The United Nations Counter-Terrorism Committee…

BWM Convention Modification Enter into Force

Oct 14, 2019

The amendments to an international treaty aimed at preventing the spread of potentially invasive species in ships’ ballast water came into force yesterday (October 13), the International Maritime Organization (IMO) said.Ships regularly take on sea water…

Solvberg Appointed NPD Director General

Oct 13, 2019

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October…

Gothenburg Port Addresses Post-Brexit Challenges

Oct 08, 2019

It is now only weeks left until the UK leaves the EU. According to the current timetable, this will take place on 31 October. The question of Brexit is raised in the Port of Gothenburg.Although the road leading to this point has been long and at times rocky…

FERC Approves Plaquemines LNG Facility

Oct 07, 2019

The US Federal Energy Regulatory Commission has approved the construction of Venture Global's proposed $8.5 billion Plaquemines liquefied natural gas export facility in Louisiana.  Venture Global LNG to build an LNG Plaquemines export terminal…

Logistics News

Pilot Planning Implicated in Tanker Contact with Jetty

Pilot Planning Implicated in Tanker Contact with Jetty

Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2

Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2

Texas Tanker Bottleneck Grows on Slow Freeport LNG Restart

Texas Tanker Bottleneck Grows on Slow Freeport LNG Restart

China's Commodity Import Trend Driven by Prices, Not Economy

China's Commodity Import Trend Driven by Prices, Not Economy

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