Maritime Magazine

  The Canada Infrastructure Bank (CIB) has reached financial close on a $150 million loan to the Prince Rupert Port Authority (PRPA) for the first phase of a project to build CANXPORT. The new export logistics hub will expand capacity and capabilities for rail-to-container transloading of multiple export products at the Port of Prince Rupert, improve Canadian supply chains, and drive trade […]

  This latest edition offers new and updated guidance to help shipping companies fulfil their safety and environmental obligations, and to comply with the International Maritime Organization (IMO) International Management Code for the Safe Operation of Ships and for Pollution Prevention (ISM Code).  The sixth edition aims to help shipping companies operating ships in all

  London – Pledge has been chosen to support members with sustainability expertise by both the Freight and Trade Alliance (FTA) and the Canadian International Freight Forwarder Association (CIFFA), extending its global reach among freight forwarding associations. FTA and CIFFA have embedded the Pledge Freight Emissions Calculator into their websites, granting members the chance to trial Pledge’s

  The Canada Infrastructure Bank (CIB) announced it has reached financial close on a $75 million loan to BC Ferry Services Inc. to help finance the purchase of four zero-emission ferries and install the required charging infrastructure. The Island class vessels, which will be used on small volume and shorter routes, are part of the company’s ongoing efforts to replace its

  MV BBC LEER, the first newbuilding of the “LakerMax”-series of fifteen DWT 13,000 multipurpose triple deckers, will be delivered by Taizhou Sanfu Heavy Industry, China to its owners, Leer-based Briese Group this week.  The new vessel will subsequently enter a long-term time charter with BBC Chartering for worldwide trading. The newly designed series of

  St. Catharines, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) recently concluded an agreement to lease lands to Hoverlink Ontario Incorporated to offer their hovercraft transportation service on Lake Ontario. Hoverlink is the latest addition to the SLSMC’s growing portfolio of land leases with marine-focused partners on the St. Lawrence Seaway. Hoverlink will

  The Federal Maritime Commission launched an investigation today to determine if pending Canadian regulations governing ballast water management systems of ships in the U.S.-Canada Great Lakes trade have a disparate effect on U.S. flagged vessels and constitute a Foreign Shipping Practices violation under 46 U.S.C. Chapter 423. U.S.-based companies operating ships in the U.S.-Canada Great Lakes trade

  Germany’s major maritime gateway, the Port of Hamburg, handled 1.9 million TEUs in the first quarter of 2024. This represented a 1.1% growth compared to the same period last year. Box throughput by tonnage also increased moderately. Axel Mattern, CEO of Port of Hamburg Marketing, commented: “The development of container throughput suggests that, despite

  The Minister of Fisheries, Oceans and the Canadian Coast Guard, Diane Lebouthillier, on behalf of the Minister of Transport and Quebec Lieutenant, Pablo Rodriguez, have announced an investment of up to $10 million through the National Trade Corridors Fund for the Port of Sept-Îles. The project involves updating the Monseigneur-Blanche terminal at the port