Subro in Seconds VLOG - Carmack Amendment
The National Retail Federation (NRF) reports that containerized imports will continue their unseasonably high volumes through the end of the year, as both November and December imports are projected to be up nearly 15% from...more
The International Longshoremen’s Association (“ILA”) ended a three-day strike at certain East Coast and Gulf Ports until January 15, 2025. If a new contract is not finalized with the U.S. Maritime Alliance (“USMX”) then...more
Parties to the Dispute- The union and management teams reached a settlement agreement that was announced on October 4, 2024 to end the port strike. The settlement does not resolve the issues, but extends the master...more
For the first time in almost 50 years, nearly 50,000 members of the International Longshoremen's Association (ILA) initiated strikes at ports across the U.S. East Coast and Gulf Coast ports on October 1, 2024....more
The International Longshoremen’s Association (“ILA”) will have no contract if the current terms expire on September 30, 2024, without a new deal. ILA representatives have indicated that a strike is imminent on October 1,...more
With the International Longshoremen’s Association (ILA) preparing to strike on October 1, 2024, a key concern of impacted shippers is how to minimize demurrage charges for inbound containers that may be inaccessible for the...more
On September 30, 2024, the International Longshoremen’s Association (ILA) labor agreement with U.S. East Coast and Gulf Coast port operators ends. With negotiations over the summer unsuccessful, the possibility of a strike...more
Brazil’s National Agency of Waterway Transportation (“ANTAQ”) will hold a Public Consultation and Hearing from September 9 to October 23, 2024 (Notice of Public Hearing No. 11/2024). The aim is to receive feedback on a draft...more
A strange confluence of geopolitical events, labor unrest, softening consumer demand, and supply-chain logistical issues could leave lumps of coal in the stockings of lenders this holiday season. The story begins in the Red...more
In light of the constant updates in the maritime sector, our Ports and Maritime team is launching this Bulletin. Here we cover the main legislative events, developments in Brazil’s National Agency of Waterway Transportation...more
Yet again the ocean freight bid season is unfolding against a backdrop of uncertainty. The 2024 season brings a confluence of economic, geopolitical, trade, and industry-related issues that have created a complex environment...more
J.S. Held previously published articles on how to handle complex ports and terminals business interruption insurance claims, marine and cargo damages, and marine stock claims. These topics have again come to the forefront of...more
The third installment in our Baltimore Key Bridge Collapse series (see Part I and Part II) examines the short- and long-term Eastern port impact, including the temporary increase in cargo volume and the Federal Maritime...more
Our team has prepared a summary on the main business opportunities in Brazilian ports. Below are the main opportunities that have been announced, are preparing to take effect, or are currently in progress....more
CHICAGO — Gov. JB Pritzker Announces Plan to Make Chicago Quantum Technology Capital- Illinois Governor JB Pritzker announced a plan to make Chicago a quantum technology capital at M-Hub, a business incubator on Chicago’s...more
On March 13, 2024, the National Agency of Waterway Transportation (“ANTAQ”) published ANTAQ Resolution No. 112/2024 (the “Resolution”) in the Official Gazette, establishing criteria for identifying responsible agents for...more
The tragic event of yesterday’s Baltimore bridge collapse presents a host of issues—most importantly the loss of innocent lives. As the National Transportation and Safety Board (NTSB) rightfully delayed its in-depth...more
Marine terminal operators (MTOs) and ocean common carriers became easy targets upon which to cast blame for the port congestion issues and supply chain weaknesses arising out of the COVID-19 pandemic....more
Ports and terminals serve as the primary infrastructure for movement of goods and commodities in and out of a country and therefore play a vital role in global trade. As well as facilitating trade, ports and terminals also...more
The Maritime Port Authority (MPA in Singapore) is currently in the process of building the Tuas Port, which will be the biggest port in the world with a capacity of 60 million TEU’s (twenty-foot equivalent units) once it is...more
President Biden issued a Proclamation on 21 April 2022 to “prohibit Russian-affiliated vessels from entering into United States ports.” As discussed in this alert, this action significantly builds upon U.S. sanctions against...more
The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post summarizes new U.S. sanctions and...more
In late April 2022, the US imposed additional sanctions targeting Russia's shipping industry, as well as individuals and entities determined to be facilitating the evasion of US sanctions on Russia. These measures included a...more
Dozens of ships anchored outside of America’s busiest ports, steadily spiking freight rates, and frustrated consumers inheriting both the paralyzing delays and the exorbitant price increases: these have been the painful...more
The HSB Economic Development team published their January 2022 news update, highlighting the following topics: 2022 County Tiers Set for JTCs, Fee in Lieu and Tax Moratorium= Each year, South Carolina's 46 counties are...more