News

The latest industry news and PSA BDP Happenings from across the globe.

March 23, 2021

ocean freight

Ultra Large Container Vessel EVER GIVEN ran aground in Suez Canal north of Suez, at around 0600 UTC Mar 23

March 23, 2021

ocean freight

A massive majority of unionized Port of Montreal longshoremen voted to reject a final offer on a collective agreement on Sunday.

March 17, 2021

ocean freight

The parties involved in a seven-month truce at the Port of Montreal have not reached an agreement to date, but the 1,125 longshoremen will vote on a final offer on Sunday.

March 17, 2021

ocean freight

The Port of Los Angeles had its busiest February in its history, with loaded imports reaching 412,884 TEUs — a nearly 53% YoY increase and an almost 19% uptick compared to 2019, according to figures from the port released Tuesday.

March 8, 2021

ocean freight

Peak vessel demand at the UK port of Liverpool last week brought severe landside delays and nightmarish waits for hauliers at the T1 terminal, according to a spokesperson for Peel Ports.

March 5, 2021

The United States and the United Kingdom today released a joint statement announcing a four-month suspension of tariffs related to the ongoing large civilian aircraft dispute.

March 2, 2021

ocean freight

Shippers have been told they’ll need to wait through to the second half of the year before any semblance of normality returns to container trade flows.

February 25, 2021

ocean freight

President Joe Biden signed an executive order Wednesday that will result in a 100-day review of supply chains by the executive branch for pharmaceuticals, critical minerals, semiconductors and large capacity batteries.

February 23, 2021

ocean freight

Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into the second half.

February 18, 2021

ocean freight

As the negotiation process is currently suspended and the truce between the dockworkers’ union CUPE 375 and the Maritime Employers Association (MEA) draws to a close, and in the context of an unprecedented pandemic that the Canadian economy must continue to face, the Montreal Port Authority (MPA) hopes that the parties will quickly reach an agreement to avoid a new work stoppage by the dockworkers.