Obama to Extend Drilling Moratorium

Friday, May 28, 2010

According to a May 26 report from the New York Times, President Obama plans to announce that he is extending the moratorium on permits to drill new deepwater wells for six more months and will delay or cancel specific projects off the coasts of Alaska and Virginia and in the western Gulf of Mexico, a White House official said.

(Source: The New York Times)


Government Update

India Shipping Ministry Enlarges Scope of Sagarmala

India's Ministry of Shipping has formulated a revised Central Sector Scheme to provide financial support to Major and Non-Major Ports as well as State Governments

California: A Strong Shipbuilding State

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance

White House Sees a Path to Approval of Pacific Trade Deal

The White House on Monday said it was hopeful it could win congressional approval of the Trans-Pacific Partnership trade pact before President Barack Obama leaves office,

 
 
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