New US Coast Guard Regs for Vessels Inbound from Most Yemeni Ports

  Due to lack of effective anti-terrorism measures in many Yemeni ports USCG to impose conditions of entry into US waters. The regulations came about following a Coast Guard finding that Yemeni ports do not maintain effective anti-terrorist measures along with an assessment that Yemen presents a significant risk of introducing instruments of terror into…

Russia to develop Northern Sea freight lanes

  The development of the Northern Sea Route will change the balance of powers in the sea shipping market, said Gleb Ivashentsov, deputy director of the Russian APEC Study Center, at the APEC Economic Leaders’ briefing in Vladivistok. Russia has traditionally been a bridge between Europe and the Pacific. However, its Pacific ports and trunk…

Asian Shippers Face Rise in Ocean Container Freight Rates

  All Asian shippers wil have to pay higher freight charges to European container ship operators from September 2012. From September 1, Denmark-based Maersk, the world’s largest container line, will implement a general freight increase of 250 U. S. dollars per TEU and 500 U.S. dollars per FEU on all shipments from the Far East…