Ekspres Kargo

The ILWU is warning the state’s governor of political consequences, while maritime employers say the decision preserves the integrity of collective bargaining.

But the move comes as China’s Transport Ministry launched an investigation into how the country’s maritime industry and supply chains will be impacted by the US Trade Representative’s Section 301 port charges and tariffs.

Vessels for countries supporting the Net-Zero Framework, a tax aiming to trim shipping emissions, could face blocked port entries or visa restrictions.

But it will take several months of sustained peace before liners are confident enough of safe passage to redirect mainline services through the Suez Canal, according to an HSBC report.

The new duties will take effect Nov. 9 and could be followed by 150% levies on other port-related equipment.

IMO member states should focus on the substance of the proposed net-zero framework and not on opposition to the measures, was Secretary-General Arsenio Dominguez’s message as the four-day session got underway.

Avacraft is simplifying inventory management and documentation processes with support from the e-commerce giant’s offerings, CEO Asha Kangralkar said.

The persistent pressure on India-Europe rates comes despite sporadic capacity cuts implemented by major carriers.

Meatpacking giants have agreed to pay nearly $200 million to address allegations they illegally conspired to limit bacon, ham and sausage supply to boost profits.

While some companies are using regional supply chains or leaning on tariff exemptions by maximizing compliance, others are frozen in place.