Category: Articles

Articles

Shipping Industry Awaits CII Decision

The IMO’s recent Meeting of the Environmental Protection Committee (MEPC 82) ended without a clear decision on the Carbon Intensity Index (CII), although there is growing support for a flat fee per tonne of CO2 emitted. Delegates said the current rules unfairly penalize waiting times in ports, a crucial factor to consider for shortsea and

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Growth and Freight Demand in U.S. Predicted to Slow in 2025

Experts at the Journal of Commerce’s Inland Distribution Conference 2024 (Inland24) shared that the U.S. economy is expected to decelerate in 2025, with surface freight markets remaining soft. Paul Bingham, director of global intelligence and analytics for S&P Global Market Intelligence, said that strong consumer spending would not continue if unemployment and consumer debt continue

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More U.S. Ports Extend Hours, set Deadlines Ahead of Potential Strike

In preparation for a possible dockworkers’ strike on October 1, several major ports along the U.S. East and Gulf are implementing contingency plans, extending terminal hours and setting deadlines for operations. The Port of Virginia has announced its shutdown schedule for cargo operations on September 30. The last inbound train delivery is scheduled for 8am.

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U.S. Port Strike Could Trigger Major Shipping Delays Worldwide

The fallout from a potential strike on the U.S. East and Gulf coasts will be considerable, and the consequences of the disruption will be felt into 2025. Peter Sand, chief analyst at Xeneta, warned ships en route to the ports could be stuck at U.S. East and Gulf Coast anchorages. He pointed out that many

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Australia Follows U.S. and Canada with Stricter Air Cargo Security Requirements

Australia has added stricter security regulations for air cargo originating from Europe and CIS countries. Starting September 26, cargo on passenger planes to Australia is required to only be tendered from shippers with an Established Business Relationship (EBR) with forwarders. Forwarders have voiced their concerns in meeting the new special security directions. The changes will

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Q&A:What Impact Will an ILA Strike Have on the Airfreight Market?

Thirty-six major U.S. ports are at risk of a standstill from the impending strike by the International Longshoreman Association (ILA). The ILA represents 85,000 workers across the East and Gulf Coasts of the U.S., and the current contract expires on September 30, 2024. Kim Ekstroem, Shipco’s Global COO – Air, discusses the potential fall out

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Strike Could Impact 54% of U.S. Container Imports, Says HSBC

HSBC predicts that if dockworkers on the U.S. East and Gulf Coast strike on October 1, it could impact 15% or 4.6 million TEUs of the global container fleet and 54% of U.S. container imports. The International Longshoremen’s Association (ILA) plans to strike unless a new agreement is reached with the U.S. Maritime Alliance (USMX)

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Articles

U.S. Ports Preparing for Imminent Strike

Several ports along the U.S. East and Gulf coasts have announced contingency plans in response to a potential dockworker strike starting October 1, 2024. The International Longshoremen’s Association (ILA) has stated it will not extend its current contract with the United States Maritime Alliance (USMX) after it expires on September 30. The Georgia Ports Authority

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Investments Fuel Growth in Southeast Asian and African Ports

Container News conducted a study on the rise of new shipping services and alliances, focusing on ports in Southeast Asia and Africa. The study focused on countries drawing major investments and poised to become key trade hubs as global maritime competition intensifies. Key ports evaluated included Haiphong and Ho Chi Minh, Vietnam; Laem Chabang, Thailand;

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