Maritime Magazine

Technology group Wärtsilä will supply a hybrid-electric propulsion system for an 11,000 dwt Limestone Carrier. The vessel was contracted by Montreal-based CSL Group with CCCC Shanghai Equipment Engineering and Jingjiang Nanyang Shipbuilding. The order with Wärtsilä was booked in Q1 2024. The order reflects CSL’s focus on reducing its emissions profile via a comprehensive decarbonisation […]

The California Department of Transportation (Caltrans) has awarded the Port of Oakland and the City of Oakland $3 million for a Sustainable Transportation Planning – Climate Adaptation Planning grant. The funds will address potential flooding due to sea level rise (SLR) and groundwater intrusion (GWI). “Sea level rise and groundwater intrusion pose an existential threat

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has risen 11% to 29.5m TEU, the fastest fleet growth in 15 years, reports BIMCO in a report released today. During the first half of 2024, the delivery of new

MSC Mediterranean Shipping company announced that its logistics arm, MEDLOG, has broken ground on a new multimodal platform in the Paris region. The MEDLOG Inland Terminal Paris-Bruyères project is part of a wider renovation project underway at the Port 2000 site (TN MSC) in Le Havre and will provide rail and barge connections for the

As of the end of June, 12.2 million metric tonnes of cargo had moved on the St. Lawrence Seaway this year, demonstrating the resilience, predictability and sustainability of the binational system. “The Seaway continues to demonstrate resilience,” said Jim Athanasiou, new President and CEO of the St. Lawrence Seaway Management Corporation. “This consistent performance underscores

According to a survey of transportation professionals spearheaded by global law firm Reed Smith, nearly half the respondents expect it will take more than 15 years for the sector to be powered by 100% sustainable fuel sources, with LNG the most likely transition fuel over the next three to five years. This was the central

According to the Drewry shipping consultancy, the growing project cargo demand outlook could spur further orders for multipurpose vessels.                                                  Drewry added more vessels to its theoretical MPV orderbook to balance other elements in its model. “These additional vessels do not yet exist; however, it is our expectation that the growing demand outlook will incentivise further

The Suez Canal Authority has announced a revenue decline of about $2 billion year-over-year due to the disrupted traffic impact of Houthi attacks in the Red Sea.  In FY 2023/24, the SCA’s revenue dropped to $7.2 billion from $9.4 billion the prior year, a drop of about 23 percent. Over the same period, total tonnage

The total cargo handled at the Port of Antwerp-Bruges has been reported at 143.2 million tonnes in the first six months of this year, an increase of 3% compared to the same period last year. The upward trend, which started in the first quarter driven by ​ increased demand for container transport, is now extending

The Port of Québec announced that it has once again ranked among the leaders of the Green Alliance. This recognition testifies to the Port’s efforts to improve its environmental performance and commitment to sustainable development are unwavering. The Green Alliance is a voluntary environmental certification program aimed at improving the North American maritime industry’s environmental