Maritime Magazine

A major milestone was reached recently with the keel laying of CSL OWL SRI’s first of two subsea rock installation (SRI) vessels. The CSL OWL SRI newbuilds are tailored to meet the demands of a rapidly growing offshore wind sector, offering optimal flexibility and performance. Designed for peak performance in water depths up to 100 […]

By Leo Ryan, Editor The Montreal Port Authority (MPA) today announced the appointment effective June 8 of Paul Bird as new President and CEO, reflecting a move towards renewed leadership stability following a period of turbulence this spring punctuated by the reported dismissal on April 3 of Julie Gascon. Prior to the announcement that Julie

This spring 2026 edition has much content for Canadian policymakers, shippers, shipping lines, transportation providers, and ports navigating through the continuing geopolitical conflicts and the ripple effect on global trade of President Trump’s tariff warfare. In keeping with annual tradition, there is an in-depth review of the strategic US Midwest economy and market and how

Washington – Davie Defense has announced the finalization of a $3.5B contract with the United States Coast Guard (USCG), for the construction and delivery of five Arctic Security Cutters (ASC), a new class of Arctic icebreaker. Two of the ships will be constructed at Davie Defense affiliate Helsinki Shipyard in Finland and three ships will

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of the International Maritime Organization, which brings together IMO’s 176 Member States to discuss issues related to the safety and security of international shipping. Key items on the agenda (13 to 22 May) include the adoption of the first non-mandatory Code to

In its latest Oil Market report, the International Energy Agency warns that the ongoing conflict in the Strait of Hormuz is triggering one of the largest oil market shocks in modern history. The IEA  forecast world oil demand to decline by 420,000 barrels per day year-over-year in 2026 to 104 million barrels per day. This represents a sharp reversal from

BALTIMORE, MD – Attorney General Anthony G. Brown has announced that the State of Maryland has reached a final settlement of $2.25 billion with Grace Ocean Private Limited and Synergy Marine Pte Ltd., the owner and operator of the M/V Dali, resolving the State’s claims against those parties arising from the cargo ship’s March 26, 2024 allision with the

The Québec Port Authority (QPA) confirms that it has been notified that on April 29, 2026, the Impact Assessment Agency of Canada (IAAC or Agency) received a request for designation under section 9 of the Impact Assessment Act (IAA) regarding a project by its port partner QSL. This move comes in the wake of the Government of Canada’s recent

The Chamber of Marine Commerce is applauding the start of a federal engagement process announced May 8th that will enable feedback that will inform federal government efforts to update legislation in ways that benefit Canadians businesses, workers, and consumers.  “This engagement demonstrates a clear understanding by the Government of Canada that the success of supply chains and the success of the economy are

He succeeds Marc Paquin, who is retiring after more than two decades at the helm of the Company. This appointment follows the acquisition of Groupe Somavrac by Instar Asset Management in December 2025, marking the beginning of a new chapter focused on long-term growth and development across its maritime, logistics and industrial activities. “Groupe Somavrac