Maritime Magazine

  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

  The Port of Thunder Bay announced today that its board of directors has chosen Chris Heikkinen as the organization’s new chief executive officer. Mr. Heikkinen, who currently serves as the port’s Director of Business Development and Terminal Operations, succeeds Tim Heney, the port’s former CEO, effective October 11th. “After thorough succession planning and a

  Responding to the increasing pressure on the Arctic region by the climate crisis, more than 75 organisations and individuals – including scientists, writers, and photographers – have signed up to the ‘Arctic Ocean Action’, which calls on the international community to support “equitable transition and urgent action to reduce shipping impacts on Arctic wildlife,

  Hwy H2O, the marketing initiative led by the Canadian and U.S. Seaway Corporations, signed a Memorandum of Cooperation with the Seaports of Niedersachsen (SON) while visiting the Port of Brake during their delegation trip through Niedersachsen and Bremen last month. The agreement establishes a marketing alliance between the two groups to foster collaborative opportunities

  The Canadian government today announced funding of $150 million under the National Trade Corridors Fund for the Port of Montreal’s Contrecoeur terminal project for increasing container capacity by 1.15 million TEUs and whose cost has reportedly increased to about $1.4 billion from an initial estimate of $950 million. The federal contribution adds to the

  Due to a severe drought that is expected to last until 2024, the Panama Canal Authority (ACP) has announced the reduction of allowable ship crossings to 31 from 32 as of November first. Such passages were 36 daily during normal operations. The ACP said  it “finds it necessary to implement additional changes” due to

  As we are around three months away from the implementation of carbon taxation (ETS) in the European Union (EU) and everyone agrees that this will be a high cost, there is significant uncertainty as to the precise cost, according to Sea-Intelligence. Presently, only two carriers, Maersk and Hapag-Lloyd, have in recent weeks announced indications