Earlier this year, authorities cut the number of ships passing through the canal for the first time ever.

To make the most of available resources, provide more delivery choices, and achieve maximum efficiency, it is essential to effectively manage multi-carrier operations in real-time.

The agreement is set to be ratified by employees in the coming days, but workers are set to return to work on the morning of October 30.

One solution is a regulatory filing tool for international customers brokerage while the other tool connects shippers and ocean carriers to logistics companies.

This new order brings the total number of LNG vessels that will be delivered to QatarEnergy and its affiliates up to 77 ships, the company said.

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.