Japanese shipping line Ocean Network Express has a launched a “eco calculator” to help customers measure the full life cycle of carbon dioxide (CO2) emissions from cargo transport. The ONE Eco…
https://gcaptain.com/one-launches-eco-calculator-for-measuring-co2-emissions/
By Laura Curtis (Bloomberg) — Normal operations resumed at the Ports of Los Angeles and Long Beach, as dockworkers returned to container terminals for the Friday evening shift. “It’s a go,”…
https://gcaptain.com/normal-operations-return-to-ports-of-los-angeles-and-long-beach/
Longer voyages are likely to support global tanker freight in the second quarter of 2023 because of a prolonged Russia-Ukraine war, an aging fleet and shrinking newbuilding orderbook, but lower oil supply and concerns about an economic recession could cap those gains, market participants said April...
The Port of Los Angeles’ sales pitch to importers in recent months has been: We have plenty of capacity now. No more ship queues. The port labor contract expired July 1, 2022, but there has been no major disruption to imports during negotiations. No need to ship your goods all the way through the Panama Canal to the East or Gulf coasts. Come back to LA!
That sales pitch, to the extent it ever worked, died on Friday.
LA/LB closed for 24 hours
Terminal operations at the ports of Los Angeles and Long...
https://www.freightwaves.com/news/lalb-outlook-darkens-as-labor-unrest-briefly-shutters-ports
By Laila Kearney April 7 (Reuters) – A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday, after months of strained labor negotiations between…
https://gcaptain.com/pma-says-coordinated-action-by-ilwu-shut-los-angeles-long-beach-ports/
Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait.
Last summer’s meeting between Taiwan President Tsai Ing-wen and Nancy Pelosi prompted Chinese live-fire exercises. Wednesday’s meeting with Speaker Kevin McCarthy prompted new Chinese sanctions targeting U.S. interests and a Chinese inspection plan targeting commercial ships in the Taiwan Strait. Chinese warships and helicopters were active in the strait on Friday.
Ever-worsening...
https://www.freightwaves.com/news/china-russia-vs-us-eu-how-global-shipping-is-splitting-in-two
By Mike Wackett (The Loadstar) – More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter market rally, with aggressive carriers still…
https://gcaptain.com/positive-sentiment-keeps-container-shippings-charter-market-afloat/
By Guy Faulconbridge MOSCOW, April 7 (Reuters) – Russia warned the West on Friday that unless obstacles to its exports of grain and fertilizers were removed, then Ukraine would have to export…
https://gcaptain.com/russia-warns-west-we-may-work-around-black-sea-grain-deal/
French shipping giant CMA CGM has reportedly signed a shipbuilding order with China State Shipbuilding Corporation for 16 large containerships valued at over $3 billion. The order, which was reported…
https://gcaptain.com/cma-cgm-orders-16-large-containerships-at-china-state-shipbuilding-reports/
