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Government Update

'Significant' GPS Interference Incidents Reported

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The U.S. Maritime Administration (MARAD) is advising vessel operators to exercise extra caution and safe navigation practices after multiple instances of significant GPS interference have been reported over the last year by vessels in port and underway in the eastern and central Mediterranean Sea, the Persian Gulf, and the Port of Shanghai, China.

Turkey Holds First Tender Related to Istanbul Canal Project

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Turkey held its first tender on Thursday to prepare to build a huge canal on the edge of Istanbul, a Transport Ministry spokesman said, signaling progress on the project despite widespread criticism over its cost and environmental impact.The tender was for the planning phase of reconstructing two historic

Ferry Industry Seeks Financial Assistance Amid COVID-19

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Ferry operators stuggling financially due to the COVID-19 pandemic will need government backing to help offset billions of dollars of unsustainable losses, Interferry says.The trade association is asking governments globally to include the ferry industry in their respective COVID-19 financial aid packages

More Bad News for Bulkers, as South African Ports Close for Mineral Exports

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South Africa's main export terminals will be closed to mineral exports from midnight on Thursday when a nationwide 21-day lockdown over coronavirus begins, disrupting copper supply chains linking major producer Zambia to Asian consumers.Miners in the Zambian copper belt typically transport copper overland to South Africa's ports,

Libya says Probe of Seized Tanker to Start After Quarantine

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Libya's internationally recognized government will start an investigation into a tanker over alleged sanctions-breaking after a period of quarantine ends in two weeks, the coast guard commander who seized the vessel said on Wednesday.The coast guard at Misrata seized the Gulf Petroleum 4 three days ago,

Cargo Shipping to Keep EU Antitrust Exemption until 2024

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Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a further four years until 2024 because this leads to lower prices and better consumer services, EU antitrust regulators said on Tuesday.First adopted in 2009 and extended for five years in 2014, the

31 Years Ago Today: The Exxon Valdez Oil Spill

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On March 24. 1989, the single-hull tanker Exxon Valdez was departing the Port of Valdez, Alaska with a full load of North Slope crude oil (approximately 1.26 million barrels) destined for Long Beach when it grounded on Bligh Reef in Prince William Sound. The resulting oil spill (approximately 258,000 barrels),

Dock Workers at Brazil's Santos Port Call off Strike Vote

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A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday, the union - which said it represents about 5,000 people

IMF: Global Impact of COVID-19 will be Severe, but Temporary

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As many markets struggle to find their footing in the face of the global COVID-19 pandemic, a recent podcast with Martin Muhleisen, director of the IMF's Strategy, Policy, and Review department, helps to lend insight and perspective from the view of the International Monetary Fund.Muhleisen  said the

FMC Revokes PVO for French America Line

French America Line Prohibited from Offering, Advertising, or Conducting Passenger CruisesFrench America Line, a domestic passenger vessel operator (PVO), is prohibited from offering, advertising, or conducting cruises following revocation today of its Certificate of Financial Responsibility for Indemnification

California Asks Trump to Deploy USNS Mecy to LA 'Immediately'

USNS Mercy (Photo: U.S. Navy photo by Kelsey L. Adams)

California’s governor on Thursday asked President Donald Trump to send a U.S. Navy hospital ship to the port of Los Angeles “immediately” as the state braces for an expected surge in the number of coronavirus cases over the next eight weeks.Trump said earlier this week the Navy hospital

U.S. Clean Energy Sector Seeks Subsidies to Keep Projects Moving

© Federico Rostagno

Wind and solar energy companies on Thursday called on Congress to pass tax incentives that would help the sector avoid project delays and keep financing flowing amid a pandemic that has choked off supply chains and slowed construction.In a letter to House and Senate leadership, seven clean energy trade

China Iron Ore Recoups Losses Amid Stimulus Hopes

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 China's iron ore futures erased earlier losses to end flat on Thursday, regaining support as miner Vale SA said it may temporarily halt activities at its Malaysian distribution center as a safety measure against the coronavirus pandemic.Iron ore's most-traded contract on the Dalian Commodity Exchange steadied at 678 yuan ($95.

COVID-19: South Africa Bans Cruise Ships

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South Africa banned all passenger vessels from its ports on Wednesday due to the coronavirus outbreak, leaving tourists on a cruise ship docked in Cape Town in limbo following tests for possible COVID-19 cases on board.The MV AidAmira's more than 1,700 passengers and crew have been unable to leave the ship since Monday,

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