Maritime Magazine

Brussels – Ten trade organisations, representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping, are demanding an immediate start to the review of European Union’s Consortia Block Exemption Regulation for the container shipping industry. The trade groups include the Global Shippers Forum, the […]

Mitsui OSK Lines of Japan has posted initial shots of the telescopic hard sail that has been installed on a bulk carrier being constructed at Oshima Shipbuilding. The 770-ft 100,000-dwt newbuilding is being developed under MOL’s Wind Challenger project. The first wind-assisted vessel is slated for delivery in October 2022. Following the launching of an

The Vancouver-based Chamber of Shipping has welcomed the Government of Canada’s continued commitment to protecting Canada’s coasts by expanding and extending the Oceans Protection Plan (OPP) for an additional nine years with a further investment of $2 billion. The Chamber of Shipping is pleased with the federal government’s acknowledgment of the relationship between the supply chain and ocean protection.  Protecting

Bowen Island, BC – Prime Minister Justin Trudeau has announced the next phase of Canada’s Oceans Protection Plan. With the new investment of $2 billion over nine years, announced in Budget 2022, Canada will establish 15 new measures to expand ocean protection initiatives to more regions and better proactively combat emerging threats to marine safety,

CASTALOOP USA, Inc., a subsidiary of LOGISTEC Stevedoring Inc., has announced the opening of a new terminal operation located in Lemont (IL). CASTALOOP USA, Inc. will provide bulk, break-bulk, and project cargo heavy lift customers with seamless marine and cargo handling services on the Illinois River at mile marker 300, connecting to the Mississippi River

Exports buoyed shipping activity through the St. Lawrence Seaway in June, with U.S. coke and Canadian potash heading to overseas destinations for the season reaching a 20-year record high.  Canadian ports also reported strong demand for Ontario-grown soybeans and corn exports along with rebounding domestic salt and petroleum shipments. Overall cargo tonnage shipments (from March

  The Panama Canal Authority (ACP) has announced details of a new simplified toll structure which reduces the number of tariffs from 430 to under 60.    “The proposal aims to strengthen the tolls structure in a way that is consistent with the value provided by the Canal transit service while providing greater visibility and predictability to

CLEVELAND – Shipments of iron ore on the Great Lakes totaled 3.9 million tons in June, a decrease of 32.6 percent from 2021, according to the Lake Carriers’ Association (LCA). Shipments were 29.5 percent below the month’s 5-year average. Year-to-date the iron ore trade stands at 13.8 million tons, 33.5 percent below the previous year’s

MS Medstraum, the world’s first fully electric and zero-emission fast ferry, classed as a high-speed craft, has embarked on the journey from Fjellstrand shipyard to its new home port, Stavanger. The vessel has been built using unique modular manufacturing methods at the Norwegian shipyard, Fjellstrand. Modularisation helps cut both production costs and engineering costs and