Tokyo-based firm e5 Lab Inc. and Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, have agreed to provide the design for “ROBOSHIP,” a standard hybrid electric propulsion vessel the two companies are seeking to promote as a vision for the future of ships, for a 499-tonne biomass fuel carrier being built […]
Future coastal shipping as seen by Mitsubishi Shipbuilding Read More »
On Tuesday, the Swedish maritime administration relaunched an older pilot boat with a new engine, which means that the agency now owns the world’s first methanol-powered pilot boat. The administration operates around 33,000 transit vessels per year and has a fleet of 70 pilot boats. The newly converted Pilot Boat 120 SE will be
Sweden puts world’s first methanol-fuelled pilot boat into service Read More »
With just two weeks left to the 2021 season, the St. Lawrence Seaway and Canadian ports are reporting a rush of activity as manufacturers stockpile raw materials and businesses take advantage of the congestion-free waterway to export overseas. According to the latest figures from the St. Lawrence Seaway, general cargo shipments, including steel, aluminum, and oversized
Seaway general cargo shipments up 71% Read More »
Six of the world’s leading marine insurers launched a groundbreaking initiative to provide transparency on carbon emissions and support the shipping industry’s green transition. The Poseidon Principles for Marine Insurance are a framework to quantitatively assess and disclose the climate alignment of marine insurers’ underwriting portfolios. This pioneering initiative makes marine insurance the first line
Poseidon Principles for Marine Insurance launched Read More »
The Port of Long Beach is on the verge of processing more than 9 million cargo containers by the end of 2021 as efforts continue to make room for imports and deliver holiday goods as quickly as possible. Dockworkers and terminal operators have moved more than 8.6 million twenty-foot equivalent units through November, already surpassing
Long Beach to smash container record in 2021 Read More »
Le port de Long Beach est sur le point de traiter plus de 9 millions de conteneurs de fret d’ici la fin de 2021, alors que les efforts se poursuivent pour faire de la place aux importations et livrer les marchandises de vacances le plus rapidement possible. Les dockers et les opérateurs de terminaux ont
Long Beach sur le point de battre un record de conteneurs en 2021 Read More »
Chemin de fer Canadien Pacifique Limitée a annoncé aujourd’hui la finalisation de son acquisition de Kansas City Southern. La transaction représente une valeur d’entreprise d’environ 31 milliards de dollars américains. Les actionnaires de KCS recevront 2,884 actions ordinaires CP et 90 USD en espèces pour chaque action ordinaire KCS détenue et 37,50 USD en espèces
CP finalise l’acquisition de Kansas City Southern Read More »
Canadian Pacific Railway Limited today announced the completion of its acquisition of Kansas City Southern. The transaction represents an enterprise value of approximately US$31 billion. KCS stockholders will receive 2.884 CP common shares and US$90 in cash for each share of KCS common stock held and US$37.50 in cash for each share of KCS preferred
CP completes acquisition of Kansas City Southern Read More »
Lévis– Davie Shipbuilding today announced that it will create an investment division called “Davie Capital” in Q1 2022. Davie Capital will be based at the 1250 Rene-Levesque building in Montréal. It will identify, qualify and manage major investments across Canada as part of Davie’s commitments under the National Shipbuilding Strategy (NSS) and other key programs.
Davie Shipbuilding creating Montreal-based investment division Read More »
Ottawa – The Board of Directors for the Association of Canadian Port Authorities (ACPA) has announced the appointment of Daniel-Robert Gooch as President and CEO. Mr. Gooch will assume his new role February 7, 2022. Mr. Gooch is no stranger to the transportation sector. Serving as president of the Canadian Airports Council (CAC) since 2011,
Daniel-Robert Gooch new President and CEO of ACPA Read More »