A tentative agreement has been reached to end the U.S. East and Gulf Coast dockworkers' strike. After nearly two weeks of disruptions, sources indicate that the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) have settled on terms. The strike caused significant shipping delays, with vessels choosing to wait offshore. The agreement is expected to restore normal port operations, offering relief to the affected industries and supply chains that depend on these critical trade routes.
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Aiming to drastically cut carbon emissions, major shippers like Maersk are focusing on green methanol as the future of zero-emission shipping. The industry expects to secure reliable green methanol supplies by 2027. This renewable fuel, produced using captured CO2 and hydrogen, could power new carbon-neutral vessels that are already in development. However, scaling up production and infrastructure remains a challenge. If successful, this shift could mark a significant step toward decarbonizing maritime transport and meeting global climate goals.
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