Maritime Magazine

  The Port of Montreal has earmarked $335+ million in its new five-year investment plan for its infrastructure on the Island of Montreal. These investments are necessary to consolidate the Port of Montreal’s status as a trade platform at the heart of the strategic St. Lawrence corridor, to support the energy transition, and to promote harmonious cohabitation with the neighbouring community. […]

  Algoma Central Corporation and the CSL Group, who together form the CSL International Pool, today announced a newbuild order with Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd. to construct four new methanol-ready Kamsarmax-based ocean belt self-unloading vessels. These new ships will replace the Pool’s oldest vessels and become the model for its next generation of ocean

  Freight forwarder DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of biofuel component for all of its own consolidated cargo, less-than-container load (LCL), full-container-load (FCL) and refrigerated containers (reefer containers), from MSC Mediterranean Shipping Company, the world’s largest container line. The amount of

  South  Korean carrier HMM has announced that it has signed newbuilding contracts with Hyundai SamhoHeavy Industries(HSHI) and HJ Shipbuilding and Construction(HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. In doing so, HMM has joined the ranks of global shipping lines ordering methanol-fuelled container vessels in contracts valued at more than US$1

  The Board of the International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net zero carbon goals and sets out the full details of how this can be achieved via

  The Port of Trois-Rivières closed 2022 with a record number of goods handled. A total of 4.3 million metric tonnes (MMT) of cargo transited through the Port, surpassing the 2019 record of 4.2 MMT and compared with 2021 it represented a 10% increase in Port activity. All types of traffic contributed to this increase.

  AmmPower Corp has announced that it has entered into a Memorandum of Understanding with the Port of Corpus Christi Authority (PCCA) in Texas to explore the development of a green hydrogen used as feedstock for green fuel and green derivatives production, storage and distribution facility.  As previously announced on January 10, 2023, AmmPower has

  KOTUG Canada Inc. (a partnership between KOTUG International and Horizon Maritime Services Ltd.), strongly committed to reducing impact from operations on marine life, has recently applied a revolutionary non-toxic noise reduction coatings to the hull of one of their vessels, the K.J. Gardner.  Based in Dartmouth, Nova Scotia, KOTUG Canada has worked extensively with

  Indianapolis – Ports of Indiana has named Jody Peacock as the new chief executive officer for the statewide port authority which operates three ports on the Ohio River and Lake Michigan. The appointment was approved by the Ports of Indiana Commission. Mr. Peacock has served in various leadership positions for the Ports of Indiana