SEVERE DROUGHT PROMPTS ADDITIONAL PANAMA CANAL DRAFT RESTRICTIONS Water levels in Gatun Lake - a main source of water for the Panama Canal locks - continue to fall below historic levels forcing the ACP to carefully manage this critical resource. ACP scheduled additional maximum authorized draft restrictions in June [...]
BLANK SAILINGS DECLINE Ocean carriers began implementing a new service approach transitioning from the random service cuts and blank sailings the industry experienced in April. May saw carriers begin to offer bi-weekly services in lieu of weekly services to meet volume demands and maintain regular deliveries for customers. This structured [...]
AIR CARGO PILOTS DEMAND BETTER CONTRACTS Air cargo pilots throughout North America are planning strikes if their demands for better contracts are not met. In Canada, pilots for a startup air cargo company are on the cusp of a labor stoppage, while union members at major integrator company in the [...]
European Union Sustainable Aviation Fuel Requirements The European Commission, the European Union's (EU) executive legislative branch, recently introduced new sustainable aviation fuel (SAF) requirements and reporting for flights within and departing from the EU. This new law, called ReFuelIEU, aims to reduce the aviation industry's carbon footprint by replacing [...]
Mediterranean Shipping Co. (MSC) announced the addition of another ship to its container service between the US Gulf Coast and the East Coast of South America. All ships on the service will slow steam and the Port of Mobile will be added in the service as ocean carriers renew [...]
The Panama Canal is a crucial shipping lane that connects the Atlantic and Pacific oceans, enabling vessels to bypass the long journey around the tip of South America. The canal is currently facing significant challenges due to declining water levels in the lake system that supports the canal. DRY [...]
On March 17, the Court of International Trade (CIT) concluded that the Office of the U.S. Trade Representative (USTR) legally complied with Administrative Procedure Act (APA) requirements regarding Section 301 tariffs on China. CIT OPINION ON SECTION 301 TARIFF ACTION CIT initially stated that USTR lacked responses to thousands of [...]
The European Union is implementing a new customs pre-arrival security and safety program, underpinned by a large-scale advanced cargo information system – Import Control System 2 (ICS2). The program is one of the main contributors towards establishing an integrated EU approach to reinforce customs risk management. WHAT [...]
The second annual deputies meeting for United States-Mexico-Canada Agreement (USMCA) was attended by officials from the U.S., Mexico, and Canada to discuss competitiveness, forced labor, and environmental issues as well as review and provide oversight for the ongoing work by USMCA/CUSMA/T-MEC committees to implement the Agreement. FORCED LABOR PREVENTION [...]
In the shipping industry, fuel efficiency is an important consideration for vessel operators, as it can have a significant impact on costs and the environment. Let's take a look at the world's most fuel-efficient container vessels, based on their capacity and the type of engines they use. From the [...]
