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Global shipping confidence is at an all-time low as fears of a global recession and Britain’s vote to leave the EU pile pressure on parts of the industry already suffering from its worst downturn, a leading transport survey showed on Wednesday. The global container sector, which transports everything from bananas to iPhones, as well as… Read More
Under current U.S. law, a vessel — regardless of flag — can’t call at a U.S. port within 180 days of calling in Cuba. The 54-year-old U.S. ban on trade with Cuba is unlikely to be lifted in this election year, but the long-awaited policy reversal finally could come to pass after the next Congress… Read More
Colombia’s government said on Tuesday it has asked truckers to consider a raft of proposals to end a 28-day strike that its causing cargo delays and putting pressure on food prices amid already high inflation. The truckers, on strike since June 7, are demanding a rise in cargo prices, cuts to motor fuel prices and… Read More
The fifth version of the U.S. Army Corps of Engineers’ Pennsylvania State Programmatic General Permit (PASPGP-5) for authorization of work in wetlands/waterways within portions of Pennsylvania became effective July 1, 2016. This general permit operates in conjunction with Pennsylvania Department of Environmental Protection’s (PADEP) state regulatory program to protect the aquatic environment, while allowing for… Read More
Aiming to regain some of its gateway cargo transshipped via international hub ports, especially Sri Lanka’s Colombo, the government of India on Tuesday approved construction of the much-awaited greenfield deep-sea port at Enayam near Colachel in Tamil Nadu. “Currently, all of India’s transshipment traffic gets handled in Colombo, Singapore and other international ports. The Indian… Read More
India has said it is prioritising dozens of last-mile port-rail connectivity projects to speed up cargo evacuation and help address chronic landside congestion problems at its ports. The ministry of shipping said the equivalent of more than USD3 billion would be spent on 22 port-rail connectivity projects to be implemented by the Indian Port Rail… Read More
Ontario’s former environment minister called for a cleanup of mercury contaminating Grassy Narrows First Nation, historical cabinet memos obtained by the Toronto Star show. But nothing was done by the government of the day to clean up the polluted river and lakes, and more than 30 years later the fish that feed the community are… Read More
On Thursday, the small pusher tug Potomac went down near the Tappan Zee Bridge construction site on the Hudson River. It is the second sinking in the vicinity of the bridge so far this year. Local assets including the Piermont dive team and the county sheriff’s department were the first responders. The two crewmembers had… Read More
Work has started on the first phase of a major port expansion plan at the Danish port of Fredrikshavn. Located in the north of Demark on the east coast, Fredrikshavn is a major ferry terminal for ferries to Sweden and is also used for imports of bulk materials and oil. The start of the expansion… Read More
COSCO Greece objected to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping, saying they were inconsistent with those previously agreed with the Greek privatization agency. Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation in April, a major step for the bailed-out country in meeting… Read More
Kuching Port Authority (KPA) said there was a need to start charging the Channel Maintenance Fee for the dredging of Sarawak River. In a press statement on Wednesday, KPA general manager Rosli Saup said without maintenance dredging, siltation will gradually reduce the draught (depth of water needed to float a ship) of the river which… Read More
Singapore Exchange Ltd (SGX) and London’s Baltic Exchange have extended by two months exclusive talks which may lead to a sale of the British company at the heart of global shipping, the two firms said on Tuesday. Founded in 1744, the privately-owned Baltic Exchange is no longer a forum for chartering vessels but owns benchmark… Read More
A former government minister twice rejected the advice of officials to stop unauthorised sand dredging on Lough Neagh. A Belfast court was told on Tuesday that former Environment Minister Mark H Durkan had been “shirking his duties and responsibilities” in deciding not to halt the sand extraction. The lough is a recognised bird habitat with… Read More
Berthing and marine trials have started at Liverpool 2, the delayed £300m container terminal in the Mersey which was due to open in December 2015. The first ship, MV MSC Nederland, visited the Peel Ports facility last week and will be followed by a variety of cargo handling tests throughout July and August. The testing… Read More
The Moroccan government raised $200 million by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country’s first initial public offering this year, traders said on Monday. Marsa Maroc was established in 2006 and manages terminals at nine Moroccan ports and provides logistic services. The port operator has said it is… Read More