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Government Update

Japan, Russia Join for Trans-Siberian Rail Transportation

Lines of the Trans-Siberian Railway, from Library of Congress at loc.gov.

Japan and Russia plan to officially develop a freight transport route between the two countries via the Trans-Siberian Railway, the Yomiuri newspaper reported.The report said that the two governments aim to foster mutual economic cooperation by energizing the “third distribution channel,” after sea and air routes.

USACE Approves Mississippi River Channel Deepening

The US Army Corps of Engineers (USACE) Director of Civil Works signed a memorandum to the Assistant Secretary of the Army (Civil Works) requesting concurrence with the finding that the recommended deepening of the Mississippi River Ship Channel (MRSC) to 50 feet is economically justified and environmentally sustainable.

Another Ship Carrying US Soybeans Enters Dalian Port

© Benjamin Marfil / MarineTraffic.com

A vessel carrying U.S. soybeans entered China's port of Dalian after sitting off coast since July 24, according to shipping data on Thomson Reuters Eikon on Thursday.The movement of the ship, the Star Jennifer, suggests it is preparing to unload its cargo, the second to enter China this week and incur hefty import tariffs Beijing imposed on U.

White House Condemns Turkey's Tariffs on US Imports

© sezer66 / Adobe Stock

The White House on Wednesday condemned Turkey's doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action "a step in the wrong direction."Turkey took the action in response to what it called the Trump's administration's attack on its economy. The United States doubled tariffs on Turkish steel and aluminum last week,

Oil Companies Make Few Bids in US Offshore Lease Auction

© flyingrussian / Adobe Stock

Oil companies bid on less than 1 percent of the parcels offered in a sweeping U.S. auction of Gulf of Mexico exploration leases on Wednesday, showing tepid interest in the region for the second time this year.Oil giant Exxon Mobil Corp was awarded 25 blocks, the largest of any company, followed by BP Plc with 19 high bids and Hess Corp and Equinor,

BP Offloads Last Two Stranded Oil Cargoes in China

© Samt Mendher / MarineTraffic.com

Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker Olympic Light to an independent Chinese refiner after holding the oil at sea for about three months, people with knowledge of the discharge said on Wednesday.The oil had been aboard one of four supertankers held

Migrant Rescue Ship Arrives in Malta Following Standoff

© Holger Glaub / MarineTraffic.com

The Mediterranean rescue ship Aquarius arrived at Valletta harbour in Malta on Wednesday to disembark 141 migrants, ending a five-day tug-of-war between European Union countries which had seen the vessel banned from docking in several ports.The ship, run by the Franco-German charity SOS Mediterranee and Doctors without Borders (MSF),

Peak Pegasus Finally Unloads US Soybeans in China

© Jackie Pritchard / MarineTraffic.com

A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur hefty new import duties as the trade row deepens between Beijing and Washington.The docking of the vessel after five weeks anchored

Calm in Oil Markets Could be Short-lived -IEA

© think4photop / Adobe Stock

Oil markets have entered a brief period of calm but a storm might be looming later this year when new U.S. sanctions are poised to slash supplies of Iranian oil, the International Energy Agency said on Friday."The recent cooling down of the market, with short-term supply tensions easing, currently lower prices,

Germany Maintains Large Trade Surplus with US

© lassedesignen / Adobe Stock

Germany's exports to the United States in the first half of this year were worth 24.4 billion euros ($28.3 billion) more than its imports of U.S. goods, data from the Federal Statistics Office showed on Friday.The trade surplus was 100 million euros less than last year, but still meant Germany has the

China Ministry Seeks Feedback on LNG as Marine Fuel

© vladsv / Adobe Stock

China's Ministry of Transport said on Friday it is soliciting feedback from oil companies, shipowners' and port associations, and marine authorities for a plan to use liquefied natural gas (LNG) as a marine bunker fuel.China will expedite the planning and siting of key berths for LNG tankers in the Bohai Bay area of northern China,

Gulf of Mexico Lease Sale to Test Response to Trump-era Regulations

(File photo: Shell)

A federal auction of exploration leases in the Gulf of Mexico next week will test energy companies' appetite for acreage after the Trump administration left royalty rates for deepwater parcels unchanged, bucking an industry call to lower them.The U.S. Gulf of Mexico has faced waning interest in recent

Nord Stream 2 Seeks Alternative Route to Avoid Danish Waters

© Nord Stream 2 / Axel Schmidt

The Russia-led Nord Stream 2 consortium said on Friday it has applied to Denmark for an alternative gas pipeline route through the Baltic Sea that would avoid the Nordic state's territorial waters.Denmark is facing a dilemma on whether the project can be built near its Baltic coast and its parliament

MarAd Awards $4.8 Mln for Marine Highway Projects

(Photo: Port of Baton Rouge)

Nearly $5 million in grant funding awarded this week will help enhance existing marine highways serving ports in Louisiana, Virginia, New York and Connecticut, and support the development of new container-on-barge services in Kentucky and Rhode Island.On Wednesday, U.S. Department of Transportation Secretary Elaine L.

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