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China Seeks Carbon Data From Ships as Trading Scheme Grows
Authorities in China have started to ask some overseas shipowners to report on their carbon emissions, highlighting greater scrutiny of the industry as the regulatory framework shifts.
Indian government intervenes to help exporters facing higher costs
Frustrated by high shipping costs, India’s exporters have won some government support – albeit a little belatedly, as supply-demand dynamics have begun to settle.
BOC and PCCI Launch ATA Carnet System in the Philippines
In a significant step for Philippine trade, the Bureau of Customs (BOC) and the Philippine Chamber of Commerce and Industry (PCCI) officially launched the ATA Carnet, also known as the “Passport for Goods,” at The Manila Hotel on July 15, 2024.
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ILA stops negotiations with USMX with deal set to expire at the end of September
One day before talks were scheduled to take place between the International Longshoreman’s Association (ILA) and the United States Maritime Alliance (USMX), regarding their soon-to-expire labor agreement, at the end of September, the ILA said earlier today it has suspended talks, at a time when negotiations of local agreements under the parties’ coast-wide Master Contract were ongoing.
Baltimore port, key East Coast maritime lane, is set to reopen following bridge collapse
Less than three months after the main spans of the Francis Scott Key Bridge became a mangled wreck in the Patapsco River, they are now almost entirely gone. And so the 700-foot wide full shipping channel is scheduled to reopen June 10 outside Baltimore.
ICTSI Manila receives next-generation cranes
International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT). Manufactured by Shanghai Zhenhua Heavy Industry Co. Ltd. (ZPMC), the arrivals include two Panamax with a reach of 18 rows across for Berths 3 and 4, and one post-Panamax with a reach of 20 rows across to be deployed at Berth 7. The new cranes expand MICT's fleet to 18 quay cranes - the largest in the Philippines - and will be put into operation after commissioning, enabling yet faster turnaround times at the country's premiere international trade gateway.
