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Port of Los Angeles bracing for cargo decline as Trump tariffs disrupt trade patterns

After reporting a first quarter handling 2,504,049 TEUs, 5.2% ahead of last year’s strong pace, the busiest container port in the United States is bracing for a significant drop in the second half of 2025 due to the ripple effect of the tariff war ignited by the Trump Administration.  “Our volume remained strong throughout the […]

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BIMCO updates War Risk Clauses reflecting geopolitical challenges

The Documentary Committee of BIMCO has approved revisions to its War Risk Clauses to reflect changes in the geopolitical challenges facing the shipping industry. The Documentary Committee reviewed the existing BIMCO War Risk Clauses and agreed on the updated versions, BIMCO War Risk Clause for Voyage Charter Parties 2025 (VOYWAR 2025) and the BIMCO War

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IMO approves world’s first decarbonization target for global shipping industry

The International Maritime Organization (IMO) has achieved another step towards establishing a legally binding framework to reduce greenhouse gas (GHG) emissions from ships globally, aiming for net-zero emissions by or around 2050.  The IMO Net-zero Framework is the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector.    Approved by

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Maritime safety and ecosystem implications of largest drifting iceberg

As Iceberg A23a – the largest iceberg on the planet – begins moving for the first time in over 30 years, AST Networks is calling for renewed attention to maritime safety, environmental awareness, and the critical role of reliable communications at sea.  The trillion-ton, 4,000 km² iceberg has started drifting though the Southern Ocean after

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SSA Marine expands investment in Termont Montreal Inc

Seattle- SSA Marine, one of the world’s leading independent marine terminal operators and the largest container terminal operator in the Americas, announced today that it has expanded its investment in Termont Montreal by acquiring an additional 25% interest in the company from LOGISTEC. Financial terms of the transaction were not disclosed. The transaction increases SSA

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World Shipping Council welcomes Trump Executive Order on revitalizing U.S. shipbuilding industry

World Shipping Council President & CEO Joe Kramek today welcomed the U.S. administration’s plan to rebuild American shipbuilding through strategic public-private investment, workforce development, and targeted incentives to rebuild shipbuilding capacity.  “We want to work constructively with the administration on its efforts to revitalize the U.S. maritime industry,” Joe Kramek said, referring to yesterday’s Executive

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Construction launched of Duke Point Terminal expansion

With support from Snuneymuxw First Nation, Port of Nanaimo, and terminal operator DP World, the Duke Point Terminal officially launched construction of the Phase 2/3 expansion on April 4. This project aims to significantly enhance Vancouver Island’s connectivity and trade resilience with Vancouver and global markets.   The project is supported by Snuneymuxw First Nation’s

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U.S. shock withdrawal from IMO decarbonization negotiations

When the Marine Environment Protection Committee (MEPC) of the International Maritime Organization began critical negotiations on maritime decarbonization this week, the three seats reserved for U.S. delegates were empty. Just as the Trump Administration pulled the U.S. out of the UN-sponsored Paris Climate Agreement earlier this year, it has now withdrawn from the MEPC talks

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Import cargo levels at US container ports to drop sharply amid sweeping new tariffs

WASHINGTON – With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation’s major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers have been bringing merchandise into the country for months in attempts

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Partnership between Green Marine and Michigan Advanced Biofuels Coalition

St. Johns, Michigan – The Michigan Advanced Biofuels Coalition (MiABC) and Green Marine announce a new partnership aimed at accelerating adoption of sustainable biofuels to improve air quality and reduce greenhouse gas (GHG) emissions in Michigan and across the Great Lakes and St. Lawrence Seaway. Green Marine is now a stakeholder in MiABC, while MiABC has become an association

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