Maritime Magazine

North American demand for manufacturing and building materials led to dramatic spikes in shipments of iron ore, steel, cement, stone and other raw materials via the St. Lawrence Seaway and through Canadian Great Lakes ports, according to the latest results. From March 22 to August 31, iron ore shipments hit 4.6 million tonnes, up 30%

Canadian Pacific Railway Limited and Kansas City Southern today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$31 billion which includes the assumption of $3.8 billion of outstanding KCS debt. The merger creates the first U.S.-Canada-Mexico railway. The decision

Houston, Texas – In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization technologies at the design stage as well as simplifying EEXI and CII compliance. The SIM-based Energy Efficiency Evaluation Service will allow both newbuild vessels and

Adding a new chapter in a continental railway power struggle full of twists and turns, the Board of Directors of Kansas City Southern announced on Sunday that CP’s revised proposal is “superior” to an existing rival merger agreement with Canadian National Railway. KCS has notified CN that it intends to terminate KCS’s current merger agreement

Over the next two years, seafarers working aboard more than 9,000 flag-of-convenience vessels will be receiving a pay increase of 4.5%, the International Transport Workers’ Federation(ITF) announced after a deal with maritime employers was struck with employers represented by the Joint Negotiating Group (JNG). The agreement recognized the enormous sacrifices of seafarers during the pandemic

The Port of Halifax will receive the first direct call between the West Coast of India and a Canadian port when the maiden call of the MSC Indus 2 Service arrives early next month. The service will berth at the South End Container Terminal operated by PSA Halifax. The first sailing from Mundra commenced on