The U.S. State Department said it plans to penalize countries that approve and participate in the International Maritime Organization (IMO)’s plan to decarbonize shipping through a carbon fee.
The IMO assembled on Oct. 14 to discuss and potentially vote on its Net Zero Framework, or NZF, which would require ships to use cleaner fuels or technologies. Ships that pass an emission threshold would be assessed a carbon fee, while compliant ships ...
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President Donald Trump formally implemented its U.S. trade agreement with the European Union on Sept. 24, confirming that a 15 percent duty rate for EU autos and auto parts began on Aug. 1 and listing tariff exemptions for generic pharmaceuticals, aircraft and aircraft parts.
The Commerce Department and the U.S. Trade ...
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Container shipping giant CMA CGM Group said it has ordered six advanced liquefied natural gas-powered containerships to be built at Cochin Shipyard Ltd. (CSL) India, the country’s leading shipyard, making the group the first major foreign carrier to commission LNG vessels from an Indian shipyard.
All six vessels will be registered ...
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China's transport ministry said U.S.-owned, operated, flagged and built vessels are to be assessed additional port fees per voyage starting on Oct. 14, Reuters reported.
The port fees are a countermeasure against upcoming U.S. port fees on Chinese ships, the ministry said.
The move follows U.S. President Donald Trump statement Oct. 10 ...
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CSX reopened the expanded Howard Street Tunnel, a historic and transformative US$450 million infrastructure project intended to modernize freight rail transportation along the East Coast.
The project marks a major milestone in the decades of effort by state, federal, and private partners to deliver a long-sought boost to Maryland’s economy and ...
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Global merchandise trade outpaced first half 2025 expectations, driven by increased spending on AI-related products, a surge in North American imports ahead of tariff hikes, and strong trade among the rest of the world.
In response, the World Trade Organization economists raised the 2025 merchandise trade growth forecast to 2.4 percent ...
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Trailer Bridge Inc. said Oct. 8 it has agreed to sell its logistics division – responsible for the company's domestic brokerage and intermodal moves – to ATS Logistics Services Inc. (ATSL), effective Nov. 1.
Trailer Bridge leadership said it is “a strategic decision by to realign its focus on the company’s ...
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The Port of New Orleans, or Port NOLA, and the Louisiana Department of Transportation and Development signed a cooperative endeavor agreement to advance the planning and development of the St. Bernard Transportation Corridor, a vital roadway project that will directly connect the future Louisiana International Terminal (LIT) in St. Bernard ...
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Port Freeport took delivery of two super-post-Panamax, ship-to-shore gantry cranes on Sept. 22 at the port's Velasco Container Terminal.
Transported fully erected about the heavy-lift vessel Zhen Hua 29, the cranes were carefully offloaded and secured to the docks. Following installation and testing this fall, the new equipment will be placed ...
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The Port of Long Beach on Wednesday was awarded US$20 million by the California Energy Commission to fund the ongoing development of Pier Wind, a proposed 400-acre terminal to assemble and deploy floating offshore wind turbines.
As the largest recipient of the agency's Offshore Wind Energy Waterfront Facility Improvement Program from ...
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