Maritime Magazine

Long-term ocean freight rates rise again in May as demand thrives

  Shippers could be forgiven for asking, ‘when will it end?’ A year of historically high long-term contracted container rates is being pushed to new heights, with a further 9% surge in prices across the month of May. According to the latest market intelligence from Xeneta’s Long-Term XSI® Public Indices, which crowd sources rates from […]

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Federal government adds new ecological constraint to Contrecoeur terminal project

  The federal Minister of Fisheries, Oceans, and the Canadian Coast Guard and the federal Minister of Environment and Climate Change have signed a ministerial order prohibiting the destruction of the critical habitat of the copper redhorse under the Species at Risk Act (SARA). The order was published today in the Canada Gazette. While it

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Kotug International establishes an inland shipping division

  CityBarge One pusher tug and barge are operating in Leiden (source: Kotug) Kotug International has established an inland shipping division combining electric-powered pusher tugs and smart dispatch and route planning applications for the inland water transportation industry. With these logistics solutions, KOTUG aims to support the worldwide energy transition and the modal shift from

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Ocean Marine Works signs a major contract with Hydro-Québec

    Ocean Group has signed a contract with Hydro-Québec for the replacement and addition of permanent and seasonal booms in the vicinity of dams located along the St. Lawrence River, between Coteau-du-Lac and Pointe-des-Cascades in the MRC Vaudreuil-Soulanges and between Salaberry-de-Valleyfield and Beauharnois in the MRC Beauharnois-Salaberry.   Initiated  in the fall of 2020,

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Biden stresses U.S. determination to defend open and safe Arctic waters and South China Sea

  Speaking to graduates of the Coast Guard Academy in New London, Connecticut, President Biden underlined the U.S. intention to defend open and safe sea lanes in the Arctic and South China Sea. The message was particularly aimed at such countries as Russia and China seeking to establish greater military presence in the maritime regions.

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CargoM presents upbeat annual report

  CargoM, the Logistics and Transportation Metropolitan Cluster of Montreal, yesterday presented its 2019-2020 report to more than 75 people at its annual general meeting of members. Attended by numerous transportation and logistics stakeholders, some of the projects covered met the specific problems of this eventful year while other initiatives were implemented to support our supply

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