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Industry expert forecasts overall decline in 2025 of inbound container volume in U.S. ports

According to the latest Container Volume Observer Report from well-known industry expert John McCown, the ten leading U.S. ports posted a nearly 8% year-over-year decline in June in inbound container volume, following a 6.6% decrease in May. This marked a sharp reversal from a 9.9% gain in April. Outbound volume also declined by 5% in […]

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BIMCO adopts standard clause to address USTR actions

The Documentary Committee of BIMCO, the world’s largest shipping association, has adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports. A BIMCO subcommittee comprising legal and commercial experts began working on the clause

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Port of Oakland joins Protecting Blue Whales and Blue Skies Program

California’s Port of Oakland, one of the top 10 largest container ports in the United States, is the newest Ambassador of the Protecting Blue Whales and Blue Skies Program (BWBS). BWBS incentivizes shipping companies to voluntarily reduce speeds along the California coast to reduce fatal ship strikes to endangered whales, underwater noise, and air pollution. The

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Inuit Circumpolar Council gains permanent Status at the International Maritime Organization

London – In 2021, the Inuit Circumpolar Council (ICC) was the first and remains the only Indigenous Peoples Organization to gain provisional consultative status at the International Maritime Organization (IMO). This achievement marked the beginning of a sustained effort by ICC to ensure Inuit voices are represented where global maritime policies are shaped. That effort reached a

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Canadian transportation sector bracing for domino effect of Trump tariffs

President Trump’s proposed US tariffs are likely to result in increased costs, supply chain disruptions, changes in freight demand and customer loss for some Canadian transportation companies, according to an in-depth KPMG survey of business executives. These and other outcomes will impact the operational efficiency and profitability of transportation businesses. They’ll have a significant impact

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First Phosphate signs agreement with Port Saguenay to establish phosphoric acid plant

First Phosphate Corp.  announces that it has finalized an industrial land option agreement with Port of Saguenay. The Agreement marks progress on the memorandum of understanding (“MOU”) signed between the Company and the Port on October 12, 2022. Under the Agreement, First Phosphate has the exclusive right to enter into a definitive land lease with

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New CBSA marine container examination facility opened in Halifax

The Honourable Darren Fisher, Member of Parliament for Dartmouth—Cole Harbour, on behalf of the Honourable Gary Anandasangaree, Minister of Public Safety, along with senior officials from the Canada Border Services Agency (CBSA), the Halifax Port Authority and the Africville community, celebrated the opening on July 16 of the new Marine Container Examination Facility (MCEF).   This

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Drewry’s container index marks continued downturn

Drewry’s World Container Index (WCI) fell 2.6% this week, marking its fifth consecutive weekly decline. This ongoing downturn follows an earlier period of volatility triggered by higher US tariffs announced in April. The market reaction to the tariffs lagged by one month, with rates beginning to climb in May and surging through the first week

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Yemeni partners successfully thwart massive Iranian weapons shipment bound for the Houthis

The U.S. Central Command (CENTCOM) today congratulated the Yemeni National Resistance Forces (NRF), led by Gen. Tareq Saleh, for the largest seizure of Iranian advanced conventional weapons in their history. The NRF intercepted and seized over 750 tons of munitions and hardware to include hundreds of advanced cruise, anti-ship, and anti-aircraft missiles, warheads and seekers,

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