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BIMCO Issues Time Charter for Carbon Transport

BIMCO has released a new standardized time charter party for the transport of liquefied carbon dioxide, targeting a fast-developing market linked to carbon capture and storage projects. The contract, CO2TIME 2026, was adopted by BIMCO’s Documentary Committee and is the first charter party designed specifically for liquefied CO2 carriage, addressing growing demand for maritime links between industrial emitters and storage sites. “CO2 transport is a developing trade with a unique risk profile ... [+]

Net-zero Push Stalls as Supply Lags Readiness

A new report highlights a growing disconnect in maritime decarbonization: vessels are increasingly ready to run on low-carbon fuels, but scalable fuel supply remains largely absent, creating what the study calls a “deadlock” in the transition to net zero. The report from Accelleron finds shipping emissions ... [+]

MPA Names Porter, Gutowski to Lead Business

The Maryland Port Administration has promoted Nick Porter to director and Jeff Gutowski to deputy director of business development, strengthening its commercial team at the Helen Delich Bentley Port of Baltimore. The business development unit is responsible for marketing and customer engagement across the port’s core ... [+]

Tariffs, Fuel Costs Impact Port of Long Beach

Though the Port of Long Beach saw a 5 percent decline in in containerized cargo in March, the San Pedro port still led North American ports for the month and through the first quarter of 2026, CEO Noel Hacegaba said during the port’s monthly Supply ... [+]

Iran Seizes MSC Ships in Strait of Hormuz, Xeneta

Iran’s Islamic Revolutionary Guard Corps has seized two container ships operated by MSC Mediterranean Shipping Co. in the Strait of Hormuz, hours after the U.S. and Iran announced an extension of their ceasefire, according to an April 22 market update issued by Xeneta. The vessels, the ... [+]

GEODIS Opens O’Hare Pharma Cold Chain Hub

GEODIS said it has opened its first dedicated healthcare cold chain cross-dock facility in the Americas, expanding temperature-controlled handling for pharmaceutical shipments moving through the U.S. Midwest. The 78,000-square-foot container freight station and bonded facility in Chicago includes a 5,200-square-foot temperature-controlled addition designed for short-term storage ... [+]

Galveston Fills Berth to Create Cargo Capacity

The Galveston Wharves has reached a key milestone in its US$106 million West Port Cargo Complex program, filling in an outdated berth to create new cargo-handling capacity, said Port Director and CEO Rodger Rees. The Pier 38-39 slip fill, part of a multiphase infrastructure upgrade funded ... [+]

CCM Updates to Improve Intermodal Efficiency

Consolidated Chassis Management said it is expanding fleet modernization and interoperable chassis pool initiatives to help motor carriers reduce costs and mitigate the impact of rising fuel prices across the intermodal sector. The company’s latest push centers on enhancements to the South Atlantic Chassis Pool, or ... [+]

Long Beach Begins Work on Heavy-haul Corridor

The Port of Long Beach is expected to break ground in May on expanding capacity for project and breakbulk cargo with a US$5.5 million upgrade to its primary heavy-haul corridor, aimed at easing the movement of oversized and overweight freight through the San Pedro Bay ... [+]

Magaya AI Compliance Tool to Improve Workflows

Magaya Corp. has launched an artificial intelligence-based trade compliance tool designed to embed regulatory guidance directly into freight forwarding and customs brokerage workflows. The new ACEbridge AI compliance agent is built to provide citation-backed answers drawn from official U.S. Customs and Border Protection sources, allowing users ... [+]

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