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Government Update

London P&I Club Setting up Cyprus Office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access, the group told Reuters on Friday.Britain dominates the global marine insurance market and losing access to specialist Protection

DP World, China Signs Agreement to Boost International Trade

Photo: DP World

An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.

Massive Outreach by Inland Waterways Authority of India along Ganga

National Waterways. Photo by Water Resources Information System of India

The Inland Waterways Authority of India (IWAI)  has set out on a massive public outreach initiative along river Ganga on National Waterway-1 to help push rural economy to connect with waterways.As part of a month long dialogue series extending from Varanasi to Haldia , a team of IWAI on 17 -18 July,

Great Lakes Shipping Supports 237,000 Plus Jobs

The Great Lakes-St. Lawrence Seaway System their connecting channels and the St. Lawrence River, serves the industrial and agricultural heartland of the U.S. and Canada. Photo provided by The Great Lakes Seaway Partnership

The new study by the Department of Transportation Great Lakes - Saint Lawrence Seaway says that shipping  supports more than 237,000 jobs and billions in economic activity.A year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system is a definitive and detailed

India Rolls-out SOPs for Cruise and Ferry Services

MbPT International cruise terminal. Photo: Mumbai Port Trust (MbPT)

The Government of India has formulated new guidelines in the form of Standard Operating Procedures (SOPs) to handle cruise vessels and cruise passengers in November, 2017.The salient features of these SOPs inter alia includes submission of documents/data electronically, seamless entry and exit process

Wisconsin Shipyards Awarded Nearly $2 Mln in Grants

(File photo: Bay Shipbuilding)

Wisconsin shipyards Bay Shipbuilding and Fraser Shipyards have been awarded nearly $2 million in 2018 Small Shipyard Grants from the U.S. Department of Transportation (DOT), U.S. Senator Tammy Baldwin today.The Small Shipyard Grant Program helps small shipyards, like Bay Shipbuilding in Sturgeon Bay and Fraser Shipyards in Superior,

European Shipowners Welcomes EPA

File Photo: European Community Shipowners' Associations

The European Union (EU) and Japan signed the EU-Japan Economic Partnership Agreement during the 25th EU-Japan summit in Tokyo. The European Shipowners welcome the signing of a highly ambitious trade agreement between two of the world's largest economies.“At a time that unilateralism and protectionism are rising,

US Accuses N.Korea of Fuel Smuggling

© Andreas G. Karelias / Adobe Stock

The United States accused North Korea on Thursday of breaching a U.N. sanctions cap on refined petroleum by making illicit transfers between ships at sea, according to a document seen by Reuters, and demanded an immediate end to all sales of the fuel.The United States submitted the complaint to the U.

IMO DCS Regs: A Game-Changer in Shipping

Mike O’Brien, StormGeo’s Vice President of Products, Shipping.

Weather critical to fulfilling IMO DCS potential and boosting shipping’s sustainability says StormGeoStormGeo believes the upcoming IMO DCS (Data Collection System) regulation can be a game-changer for shipping – enabling a more environmentally and commercially sustainable age of operations. However,

The Jones Act is Good for Puerto Rico -Report

(File photo courtesy Crowley)

After Hurricane Maria struck Puerto Rico with devastating force on September 20, 2017, a number of news reports claimed that the Jones Act had severely damaged the Puerto Rican economy, both over time and in the immediate aftermath of the storm. Now a new report examining the role of the Jones Act shipping industry before,

Dubai Maritime City Authority to Develop UAE’s Maritime Sector

Photo: Dubai Maritime City

The Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector based on competitiveness, sustainability, excellence and innovation.The MOC is a

MV SSL Kolkata: Salvage Operations Continue

Indian flagged containership SSL Kolkata caught fire and went adrift in the Bay of Bengal on June 13 (Photo courtesy of the Indian Coast Guard)

 The salvage operations of the container vessel MV SSL Kolkata that had caught fire last month, is continuing in rough weather conditions with 2- 4 metre swells.   The vessel is grounded at about 8 nautical miles off the ecologically sensitive Sundarbans since the 13th of last month when its cargo area had caught fire following an explosion.

Euro Zone Trade in Goods Surplus Shrinks as Exports Drop

© Suttisak / Adobe Stock

Euro zone's surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States' tariffs on European steel and aluminium kicked in, official data showed on Monday.The European Union's statistics office, Eurostat, said the 19-country currency bloc had a goods trade surplus of 16.

Eight Migrants Found Dead in a Shipping Container

Eight migrants including six children were found dead on Monday after suffocating from petrol fumes while packed into a lorry container on the west Libyan coast, authorities said.Another 90 migrants recovered from the container were in critical condition and had been taken to a local hospital for treatment,

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