Our Management Team has provided this update on ocean market conditions. For the foreseeable future, space remains tight; there will be effects on the global market from the Suez Canal blockage; and shippers need to be mindful of the dry…
READ MORE >Longshoremen at the Port of Montreal are set to begin a partial strike on Tuesday after their employers moved to suspend guaranteed minimum pay in response to an 11% plunge in cargo volumes. (source: American Shipper)
READ MORE >Teams continue to work to dislodge 200,000 ton ship that's blocking the Suez Canal and causing a serious backlog (Source: AJOT).
READ MORE >The European Parliament has overwhelmingly endorsed the creation of a carbon border tax that would shield EU companies against cheaper imports from countries with weaker climate policies (source: The Manila Times)
READ MORE >China has urged other member countries to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement as soon as possible, after Beijing ratified the deal. RCEP is the world’s largest free trade agreement, and includes the 10 members of the Association…
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