Maritime Magazine

Major container terminal planned for Plaquemines, Louisiana

  Plaquemines Port Harbor and Terminal District (Plaquemines Port) has announced the execution of a letter of intent with APM Terminals to build a state-of-the-art container terminal on the West Bank of Plaquemines Parish, Louisiana. APM Teriminals is one of the largest terminal operators in the world and part of A.P. Moller-Maersk, a global leader […]

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Federal funding of $74.3 million to boost cargo capacity at Vancouver International Airport

  Minister of Transport Pablo Rodriguez has announced an investment of up to $74.3 million under the National Trade Corridors Fund for capacity expansion at the Vancouver International Airport. This will equip the airport to handle more cargo, as well as improve its facilities and efficiency, and reduce pollution. This project will enable the movement of larger aircraft between

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Le méthanol supplante le GNL comme carburant alternatif

Les dernières statistiques de la plate-forme Alternative Fuels Insight (AFI) de DNV ont révélé qu’un total de 298 navires à propulsion à carburant alternatif ont été commandés en 2023, soit une augmentation de 8 % par rapport à l’année précédente. L’année a également vu le méthanol se généraliser, avec une forte augmentation des commandes (138), dépassant

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Transport Canada invests $26.3M in grain terminal expansion at Port Windsor

  Parliamentary Secretary to the Minister of Employment, Workforce Development and Official Languages, and Member of Parliament for Windsor-Tecumseh, Irek Kusmierczyk, on behalf of the Minister of Transport, Pablo Rodriguez, today announced an investment of up to $26.3 million under the National Trade Corridors Fund for the Archer Daniels Midland Company (ADM) Grain Terminal Expansion

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Red Sea crisis hitting one third of world containership capacity

  The global container shipping industry faces a critical couple of weeks amidst continuing attacks on merchant vessels in the Red Sea by Yemen-based Houthis and substantial carrier re-routings to avoid the Suez Canal prior to the Chinese New Year period starting on February 10. Philip Damas, head of Drewry Supply Chain Advisors, says the

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Record deliveries could drive global container fleet above 30M TEUs

  According to Niels Rasmussen, chief shipping analyst at BIMCO, this year will mark a new record in new containership deliveries. “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, beating the previous record from 2015 when 1.7 million TEUs were delivered,” he noted in his latest report.

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Sean Pierce succeeds Madeleine Paquin at LOGISTEC helm

  By Leo Ryan, Editor New York-based Blue Wolf Capital Partners LLC, a middle market private equity firm specializing in the industrial and healthcare sectors, today announced the appointment of marine industry veteran Sean Pierce as CEO of LOGISTEC Corporation, succeeding Madeleine Paquin, who indicated she has stepped down from her role as President and

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Enjoy! The Winter Edition of Maritime Magazine (No. 111) is online

  The winter 2023-2024 issue has much topicality for industry stakeholders in Canada, the United States and overseas. First of all, there is the annual big overview of cargo trends and expansion projects on the bi-national Great Lakes/St/Lawrence Seaway System. A human interest bonus: the fascinating story of a relief cook wowing crews with haute

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