China set to run Gwadar port as Singapore quits

  China will take over the Pakistan’s strategically located Gwadar Port in southwestern Balochistan after Singapore decided to pull out of a 40-year port management and development contract signed in 2007. Port of Singapore Authority (PSA) and its partners – Aqeel Kareem Dedhi (AKD) Group of Karachi and the National Logistic Cell (NCL) – are…

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…