Maritime Magazine

Halifax – The PIER has welcomed the Hamilton Oshawa Port Authority (HOPA) as its newest ecosystem member, further strengthening its global network of ports, technology companies, supply chain partners, researchers and startups. Through this new partnership, the organizations aim to advance port innovation and the adoption of practical supply chain solutions to strengthen supply chain resilience and contribute to trade diversification.  “We warmly welcome HOPA to The PIER. HOPA’s insights into […]

In a Truth Social post today, President Donald Trump abandoned his proposal first aired Monday for the United States to charge a 20% transit fee for providing security for cargo transiting the Strait of Hormuz. Instead, the U.S. is seeking trade and investment commitments from various Persian Gulf states. “Based on highly productive conversations with

The Vancouver Fraser Port Authority has selected TerraMarine as the preferred proponent for the landmass and wharf component of the Roberts Bank Terminal 2 Project, marking an important milestone in delivering a nation-building project that directly supports Prime Minister Mark Carney’s goal of doubling Canadian exports to non-U.S. markets over the next decade. Roberts Bank Terminal 2 is a future marine container terminal at

Vancouver –  SAAM Towage has obtained the international Underwater Radiated Noise (URN) certification for its electric tugboat CDG, which operates in Canada. The certification, granted by Lloyd’s Register, confirms compliance with stringent standards to reduce underwater radiated noise, validating the vessel’s lower acoustic impact and its contribution to protecting the marine ecosystem, particularly marine mammals

In a Truth Social post today, President Donald Trump announced a drastic new plan reinstating the blockade of Iranian shipping, assuming  seemingly unprecedented control over the Strait of Hormuz and introducing a fee for maintaining safe freedom of navigation on the international waterway – a process that he affirmed “will begin immediately.” The announcement came

Member States of the International Maritime Organization (IMO) – the UN agency that regulates global shipping – have called for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden. In a resolution adopted in London, IMO’s Maritime Safety Committee condemned the attacks as “illegal and

The St. Lawrence Economic Development Council (Sodes) announces the appointment of Julien Fouquet-Asselin as Director of Content and Strategic Initiatives, effective July 2. This appointment is part of Sodes’ commitment to enhancing its capacity to produce strategic analyses, anticipate changes in the sector and develop transformative initiatives to serve its members and the wider maritime

North Vancouver – The Tsleil-Waututh Nation (TWN) has filed a judicial review to overturn the Vancouver Fraser Port Authority’s (VFPA) permit allowing the VFPA to dredge tsa-ah-nah (Second Narrows area) of səlilwət (Burrard Inlet). “While Tsleil-Waututh understands the proposed dredge is an important step for Canada’s international trade objectives, including increasing the amount of oil

Filipe Gouveia, Shipping Analysis Manager at BIMCO reports that so far this year, crude tanker newbuilding contracting has reached 60m deadweight tonnes (DWT) across 234 ships, driven by a surge in orders for Very Large Crude Tankers (VLCCs). “This already makes 2026 the year with the highest crude tanker contracting on record. High freight rates

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, rose 2% to reach $4,639 per 40ft container. This climb, largely driven by higher rates on the Asia–Europe trade route, pushed the index to its highest level since September 2024. On the Transpacific trade route, rates from Shanghai to Los Angeles increased