Maritime Magazine

  By Leo Ryan, Editor The St. Lawrence Seaway, a vital maritime trade corridor linking the Atlantic Ocean to the industrial heartland of North America, could be closed to all traffic as 00.01 on Sunday should the 361 Canadian unionized workers seeking especially wage increases aligned to inflation proceed with strike action. The Cornwall-based St. […]

  Berge Bulk, a leading dry bulk ship owner, has launched a bulk carrier retrofitted with four WindWings, a technology that uses wind power to reduce fuel consumption and emissions. The Singapore-based firm has described the vessel as “the world’s most powerful sailing ship.” It is an important element in the carrier’s ambition to become

  The Vancouver Fraser Port Authority today launched a new centralized scheduling system for commercial ships—the first of its kind at a Canadian port—designed to enhance the safety, reliability and efficiency of goods movement at the Port of Vancouver. Developed as part of the port authority-led Active Vessel Traffic Management Program, the centralized scheduling system will

  By Leo Ryan, Editor  Montreal’s LOGISTEC Corporation, a crown jewel of Canada’s maritime industry founded by prominent Quebec entrepreneur Roger Paquin in 1952, is being sold for approximately $1.2 billion to U.S. investment firms Blue Wolf Capital Partners and Stonepeak. The deal marks the end of seven decades of Paquin family control over an

  The San Pedro Bay ports’ efforts to help seed a robust green hydrogen market to assist in the pursuit of zero-emissions operations got jump-started with an announcement from the U.S. Department of Energy that it will award up to $1.2 billion in grant funding to a public-private partnership formed to lead California’s bid to

  The Ontario government today released The Future of the Great Lakes Economy: Ontario’s Marine Transportation Strategy, outlining actions the province will take to strengthen Ontario’s position as a leader in marine transportation. Part of the government’s plan to build Ontario, the strategy will create more jobs, trade and economic opportunities for the future. “Linking to

  Despite current declines in global cargo demand, the container ship orderbook from liner operators keeps heading for new summits, according to Alphaliner’s latest report. A significant number of orders are for vessels powered by alternative fuels. Alphaliner commented: “There are two obvious reasons why ordering continues at such as massive scale: Firstly, most carriers

  The ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf of Guinea and concerns for the Singapore Straits in its latest report for the period of January-September 2023. Ninety-nine incidents of piracy and armed robbery against ships were reported in the first nine months of 2023, an increase

  By Leo Ryan, Editor, Maritime Magazine Unionized workers in Ontario and Quebec with the Cornwall-based St. Lawrence Seaway Management Corporation (SLMSC) have voted overwhelmingly to launch a strike should negotiations for a new collective agreement not reach a deal by an October 21 deadline. Wage increase demands amidst current high inflation conditions have emerged