WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]
INAUGURAL UYGHUR FORCED LABOR PREVENTION ACT STRATEGY REPORT The Forced Labor Enforcement Task Force (FLETF) issued its initial update on the Uyghur Forced Labor Prevention Act (UFLPA) strategy, emphasizing the need for increased funding and resources for effective enforcement. The update, released on August 1 and mandated annually, highlights [...]
EUROPEAN UNION: SHIPPING INDUSTRY The shipping industry is crucial for the EU economy due to its energy efficiency, but it's also a major and increasing source of greenhouse gas emissions. In 2018, global maritime shipping emitted 1,076 million tonnes of CO2, accounting for about 2.9% of emissions. Projections suggest [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]
ILWU CANADA, BCMEA REACH ACCORD In a joint statement released on Sunday, July 30, 2023, the International Longshore and Warehouse Union Canada (ILWU) and the British Columbia Maritime Employer's Association (BCMEA) announced that a tentative contract agreement was reached between both parties. Leadership of both organizations are recommending their members [...]
UPS AND TEAMSTERS REACH AGREEMENT UPS and the International Brotherhood of Teamsters (Teamsters) reached a tentative agreement for a five-year contract on Tuesday averting a strike. Endorsed by the UPS Teamsters National Negotiating Committee, the tentative agreement adds new full-time jobs, increases hourly pay rates for both full and part-time [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]
FOSTERING TRANSPARENCY & GROWTH The United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (H.R. 4004) is a bipartisan bill that formally validates Congressional endorsement of the trade agreement negotiated between the Biden Administration and Taiwan. Making its way to President Biden for approval, this legislation outlines stipulations for [...]
JULY 21, 2023 UPDATE: The ILWU strike notice has been retracted and labor operations at the Ports of Prince Rupert and Vancouver have returned to normal. The full schedule can be found on the Maersk website. ILWU CANADA MEMBERS REJECT CONTRACT The International Longshore and Warehouse Union Canada (ILWU) members [...]
COMPREHENSIVE COMPLIANCE DISLOSURES The Securities and Exchange Commission (SEC) is urging China-based companies to provide more comprehensive disclosures regarding their compliance with the Uyghur Forced Labor Prevention Act (UFLPA) and reporting on the Chinese government’s involvement in their operations. Recently, a sample letter was shared on the SEC's official website, [...]
