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Ocean Transportation: Page 81

Contract Talks to Resume October 27 in St. Lawrence Seaway Strike

Negotiations between the sides broke down during the weekend of October 21, which led to about 360 workers walking off the job shortly after midnight on October 22.

Photo: iStock.com/LaSalle-Photo

Port of LA Cargo Volumes Beat out 2022 Figures for Second Straight Month

Despite the rises in monthly volumes, the total for the first nine months of 2023 was 6,398,126 TEUs, an 18.6% decrease from the same period last year.

Photo: iStock / viavado

Revised SYNACOMEX Grain Charter Approved by BIMCO

The revised charter party now features BIMCO’s anti-corruption clause and an updated version of war risks as well as sanctions clauses.

Photo: iStock.com/xalanx

EU’s Carbon Price on Shipping Threatens Economic Growth, Southern Nations Say

Under a deal struck in 2022, shipping will be phased into the EU’s carbon market from January 1, starting with 40% of emissions for 2024 being covered.

Photo: Bloomberg

U.S. Struggles to Fund Great Lakes Waterway Maintenance

Washington has earmarked $1.6 billion for the Lake Superior project, but the estimate for what’s needed is twice as much.

Sault Ste Marie, MI, Soo Locks Bridge to Canada. Photo: iStock.com/Edward Parker

New CII Clause Adopted by BIMCO for Voyage Charter Parties

The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.

Photo: iStock.com/Naeblys

U.S. Import Cargo Volumes Expected to Slow After Hitting 2023 Peak

U.S. ports handled 1.96 million TEU in August, less than the 2 million TEU the NRF originally expected the ports to handle that month.

Photo: iStock.com/MattGush

ILWU Files for Bankruptcy Because of Port Lawsuit

The case involves work slowdowns and stoppages at the Pacific Northwest during labor confrontations more than a decade ago.

Portland, Oregon. Photo: iStock.com/Vesivus

Airbus to Equip Ro-Ro Vessel with Wind-Power Technology

Fitting the eSAILs on the Ville de Bordeaux supports Airbus’ commitment to halve CO2 emissions from its maritime operations by 2030, compared to a 2015 baseline.

Photo: bound4blue

Ports of LA, Long Beach and Shanghai Planning Trans-Pacific Green Shipping Corridor

Under the plan, carrier partners will deploy reduced or zero lifecycle carbon-capable ships on the Trans-Pacific routes starting in 2025.

Los Angeles, California. Photo: iStock.com/wpd911

QatarEnergy, HHI Sign $3.9B Deal for 17 LNG Vessels

This order marks the next phase in QatarEnergy’s ship acquisition program, which supports the expansion of its Golden Pass LNG export and North Field LNG projects.

Klaipeda, Lithuania. Photo: iStock.com/Natallia Pershaj

Germany Seeks to Lock In LNG Deals to Avoid Cargo Diversions

The issue of securing supply has recently taken on importance as Europe’s gas market has seen renewed volatility due to supply risks.

The LNG Aquarius liquefied natural gas tanker at Java Sea offshore in Jakarta, Indonesia, on Sunday, Oct. 31, 2021. The world is facing an energy crisis, with demand rebounding as economies reopen after the pandemic. Photo: Bloomberg/Dimas Ardian

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