Maritime Magazine

  Crown Prince Mohammed bin Salman has unveiled a master plan for logistics centers to enhance Saudi Arabia’s position as a leading investment destination and transform it into a global logistics hub. Part of the National Transport and Logistics Strategy (NTLS), the ambitious blueprint seeks to capitalize on the Kingdom’s geographical location connecting three major […]

  With 32 operations scheduled over the next two months, the peak cruise season promises to be particularly intense and beneficial for Montreal.. A total of nearly 70 000 passengers and crew members are expected in Montréal by the end of October, an increase of more than 40% compared to 2022, which testifies to the

  South Korean shipbuilder Hyundai Samho Heavy Industries has taken the use of artificial intelligence in shipping another step forward by delivering the world’s first ship equipped with an AI-based engine automation system. The vessel is a 180,000-ton, LNG-powered bulk carrier delivered to H-Line. “With the commercialization of this engine automation solution, we are one

  The Department of Commerce and the National Oceanic and Atmospheric Administration (NOAA) announced the availability of up to $28 million across two funding opportunities to address marine debris throughout the coastal U.S., Great Lakes, territories and Freely Associated States. These two Fiscal Year 2024 funding opportunities are part of NOAA’s Climate-Ready Coasts initiative under

  The Port of Halifax hosted a shoreside celebration to honour the 150th Anniversary of Holland America Line and 30 years of Holland America Line cruise ship calls at the Port of Halifax. A welcome celebration yesterday featured ceremonial drumming by the Mi’kmaw Native Friendship Centre and traditional piping courtesy of the Halifax Citadel Society. Following that,

  After two very profitable years for the global container shipping lines, the market has shifted dramatically downwards, according to the latest report by Sea-Intelligence. While the fourth quarter of 2022 gave a first glimpse of what was transpiring, the first quarter of 2023 was the first quarter where the carriers’ operating profits took a

  Global goods trade showed signs of a turnaround in the second quarter of 2023, driven by strong automobile production and sales, but further upward momentum in Q3 and beyond may be limited as long as export orders remain weak, according to the latest Goods Trade Barometer issued by the World Trade Organization (WTO) in

  Illinois-based STG Logistics announced that it will expand its intermodal network by providing service into and out of the following Canadian markets: Vancouver, Calgary, Edmonton, Winnipeg, Moncton, and Halifax. These additions will complement the company’s current Canadian services in the Toronto and Montreal markets. STG Logistics will utilize its fleet of 15,000 GPS equipped

  The board of the Port Authority of New York and New Jersey has given the green light on CMA CGM’s proposal to take over operations at two key container terminals, GCT Bayonne and GCT New York (Howland Hook).  Under the updated port leases, rent is increased based on container throughput, the Marseilles-based carrier has