Maritime Magazine

  According to maritime consultancy Maritime Strategies International (MSI), the tendency for container carriers to slow vessel speeds to cut costs could strengthen under current global conditions. And recovery in the container shipping market will be overwhelmed by the flood of new vessels entering service. Data from the early months of this year have been […]

  By Leo Ryan, Editor Maritime Magazine An announcement from Transport Minister Omar Alghabra outlining federal financial support for the Port of Montreal’s big Contrecoeur container terminal project is “a question of weeks, not months.” So indicated today Martin Imbleau, President and CEO of the Montreal Port Authority, on the occasion of the port’s annual board

  Despite the economic slowdown, Canadian export companies are managing to maintain a level of activity higher than last year, according to an analysis of Port of Montreal traffic for the first quarter of 2023. Total cargo for Q1 amounted to 8.2 million tonnes, representing a 5.2% increase from a year ago. Container traffic declined

  Fermont, QC – ArcelorMittal Mining Canada G.P. has reached another milestone in its energy transition by becoming the first mining company in Québec and the first company on the North Shore to use electric buses to transport its workers. The eight buses that will be used by ArcelorMittal were manufactured in Saint-Jérôme by the

  CN, Union Pacific Railroad and GMXT have announced the creation of Falcon Premium intermodal service, a best-in-class Mexico-US-Canada service with a seamless rail connection in Chicago, Illinois. The service will directly connect all CN origin points within Canada and Detroit, Michigan to GMXT terminals in Mexico: Monterrey, Nuevo Leon, and Silao, Guanajuato. This service

  Twenty three shipping companies, including Canada’s CSL Group, participated in Protecting Blue Whales & Blue Skies vessel speed reduction program in 2022, contributing to cleaner air, safer whales, and a quieter ocean. Companies are recognized for their vessels transiting at ten knots or less in the San Francisco Bay Area and the Southern California region. The

  The Maritime and Port Authority of Singapore (MPA), Port of Long Beach and Port of Los Angeles, with the support of C40 Cities, signed a memorandum of understanding to establish a green and digital shipping corridor between Singapore and the San Pedro Bay ports complex to support the decarbonization of the maritime industry and

  Calgary – The Canada West Foundation (CWF) has welcomed the federal government’s approval last Thursday of the Port of Vancouver’s Roberts Bank Terminal 2 expansion. This decision sends a much-needed positive signal to global markets that Canada can build the infrastructure needed to enable trade, the CWF declared. “The federal government’s Indo-Pacific Strategy recognizes