Regulation & Policy

Indian shippers who have been reeling from unpredictable demand may have some cost relief on the way after the Directorate General of Shipping and stakeholders moved a step closer to reaching an agreement over abolition of shipping surcharges.

House and Senate negotiators Monday released a compromise water infrastructure bill — with some long-anticipated federal dollars for harbor deepening projects at Port Everglades and Charleston — and plan to send it to President Obama’s desk before the end of the week.

The Port of Virginia hopes the expansion of a nearby foreign trade zone will make the port more attractive to shippers.

A drug and alcohol testing clearinghouse could potentially further reduce the pool of available labor in an industry already battling a shortage of drivers.

Russian and global transport companies are in a heated fight for control of Novorossiysk Commercial Sea Port, Russia’s largest stevedore company.

India’s Ministry of Shipping has concluded that to further lower dwell times at India’s busiest container port, support from others is essential.

As shippers scrutinize carriers’ financial stability ahead of the 2016 to 2017 bidding season, the safeguards could provide those that deal with the THE Alliance some reassurances — and give alliance members a contracting edge.

Indian shippers and stakeholders have a further four-month grace period to be fully compliant with the Safety of Life at Sea, or SOLAS, verified gross mass mandate.

The new rule is above and beyond the published average train speeds that shippers and industry analysts have been relegated to rely on for years. Although those figures are an indicator of service reliability, they in no way provide a comprehensive appraisal of rail service.

Cargo clearance at Indian seaports, airports, and container freight stations should be quicker beginning Thursday.