To supercharge the green shift, we need a clear zero-emissions target by 2050, a market-based levy on CO2 emissions and an improved set of efficiency measures, and as our industry’s global regulator the IMO is the body to do it – and fast. We no longer have the luxury of time, writes Norwegian Shipowners’ Association (NSA) CEO Harald Solberg.
The Pacific Maritime Association (PMA) says the International Longshore and Warehouse Union (ILWU) “is staging concerted and disruptive work actions that have effectively shut down operations at some marine terminals” At West Coast Ports on June 2nd.
As the clock ticks away, so do construction costs escalate in a high inflationary environment. Delays on the Contrecoeur project could mean the Port of Montreal will not have the container capacity it wants in place by 2027 to meet expected demand and thereby continue to compete effectively against key U.S. East Ports in a strong expansion mode - buttressed by the Biden Administration’s multi-billion-dollar infrastructure program.