Maritime Magazine

Asian port congestion drives sharp reliability drop in global container vessel schedules

Sea-Intelligence reports that global container vessel schedule reliability dropped to 56.4% in July 2026, a decline of 6.1 percentage points (pp) M/M. “This is the sharpest single month decline since January 2021,” said CEO Alan Murphy. Concurrently, the average delay for late vessel arrivals climbed to 6.06 days, an increase of 0.59 days M/M. This […]

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Canadian government invests $405 million to advance the Mackenzie Valley Highway Project and strengthen Arctic connectivity

Norman Wells, Northwest Territories – Today, the Honourable Steven MacKinnon, Minister of Transport and Leader of the Government in the House of Commons, and the Honourable Rebecca Alty, Minister of Crown-Indigenous Relations, announced federal funding of $405 million through the Arctic Infrastructure Fund (AIF) to advance the proposed Mackenzie Valley Highway (MVH) Project in the

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IMO meeting wraps up without consensus on Net-Zero framework

States again failed to agree on a deal following pressure from a small minority of fossil-fuel producing nations and division among progressive states, reported the Brussels-based Transport and Environment (T&E) activist group. Negotiations at the IMO, which wrapped up in London today, have drawn a blank for the third meeting in a row, as US

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Polar Class 3 icebreaker MSV Nordica arrives in Canada from Finland

ST. JOHN’S, NL — Qikiqtaaluk Horizon Arctic Services (QHAS) today welcomed the Polar Class 3 icebreaker, MSV Nordica, to Canada, marking a significant milestone in efforts to increase the Canadian Coast Guard’s operational capacity and strengthen Canada’s presence and readiness in the Arctic. The vessel’s arrival brings an operational asset into Canadian waters under a

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Great Lakes ports and shipyards formalize landmark partnership

The American Great Lakes Ports Association (AGLPA) have announced a landmark Memorandum of Understanding (MOU) with the Great Lakes Alliance of Shipyards (GLAS). It brings  together leading organizations representing Great Lakes ports and American shipyards around shared priorities in domestic shipbuilding, commerce, workforce development, infrastructure, and federal policy. Signed  on July 31, 2026, during AGLPA’s

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Greenland and Nunavut ports sign cooperation agreement

NUUK, Greenland and IQALUIT, NU — The Port of Nuuk and the proponents of Nunavut deepwater port projects have signed a Memorandum of Understanding (MOU) to strengthen cooperation between maritime infrastructure assets in Greenland and Nunavut. The agreement brings together Sikuki Nuuk Harbour A/S, owner and operator of the Port of Nuuk; Qikiqtaaluk AEDC, proponent of

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World container spot rates decline after three weeks of increases

Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, decreased 1% to $4,473 per 40ft container, driven by lower rates on the Transpacific and Asia–Europe trade routes. This follows increases three weeks in a row. Spot rates from Shanghai to New York decreased 2% to $9,333 per 40ft container, while those from

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Prakash Tulsiani: a new face strengthening the Port of Montreal’s presence in India

The Montreal Port Authority’s international business development team has welcomed a valuable new member: Prakash R. Tulsiani, who now serves as Senior Commercial Advisor representing the Port of Montreal in India. His role is to develop new business opportunities, strengthen relationships with key players in the Indian market and raise the Port of Montreal’s profile.

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Drewry reports port congestion is getting worse in container shipping

The risk of port congestion and associated delays is affecting all shipping lines and shippers. In week 32 (early August), typhoons in China resulted in ships waiting on average 3.6 days for a berth, according to Drewry’s Ports and Terminals Insight.  It is not just a short-term weather-related issue. The global average for ship waiting times

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