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.

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.

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

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.

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

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.

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.

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

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.

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