Maritime Magazine

Finnish Norsepower installs two tiltable rotor sails

HELSINKI – Norsepower announced Wednesday that it has installed two 35-meter rotor sails aboard a ro/ro operated by Sea-Cargo, a shipowner in the North Sea market. This installation marks the world’s first tiltable Rotor Sail, showcasing that vessels that have to negotiate height restricted routes can benefit from this fuel and emissions-saving solution. According to […]

Finnish Norsepower installs two tiltable rotor sails Read More »

Transport Canada reaffirms its intention to enforce MLC rules on crew changes

Transport Canada has issued a Ship Safety Bulletin stating that it will apply the provisions of the 2016 Maritime Labor Convention (MLC), to which Canada is a signatory, over the duration of the contract and repatriation. The statement underlines that a seafarer that has completed 11 months onboard, he or she has the right to get

Transport Canada reaffirms its intention to enforce MLC rules on crew changes Read More »

Transport Canada intends to enforce MLC rules on crew changes

Transport Canada has issued a Ship Safety Bulletin stating it will be enforcing the Maritime Labour Convention (MLC) provisions on duration of contract and repatriation. The statement underlines that a seafarer that has completed 11 months onboard, he or she has the right to get off and be repatriated at the owner’s expense. “Issues of fatigue

Transport Canada intends to enforce MLC rules on crew changes Read More »

Three teams qualified to design and build the Contrecoeur container terminal

MONTRÉAL – The Montreal Port Authority (MPA) today announced that following the Request for Qualification (RFQ) process for the design and construction of the Contrecoeur container terminal, three teams have been qualified, marking yet another project milestone. The qualified teams are (in alphabetical order): Ancre Contrecoeur, represented by Dragados Canada, with which AECOM Consultants is associated

Three teams qualified to design and build the Contrecoeur container terminal Read More »

Cyprus pushes for greener shipping by reducing annual tonnage tax

  The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact, ensuring shipowners are rewarded for sustainable

Cyprus pushes for greener shipping by reducing annual tonnage tax Read More »

Seaway continues to demonstrate resiliency during 2020 Pandemic

Cornwall, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) announced today that nearly 38 million tonnes of cargo transited the system during the 2020 navigation season, which closely matched last year’s results. “Considering the impact of the worldwide pandemic, we are very pleased with these traffic results”, said Terence Bowles, President and CEO of the

Seaway continues to demonstrate resiliency during 2020 Pandemic Read More »

NEAS confirms switch to port of Bécancour

MONTRÉAL–Beginning with the 2021 summer sealift season, NEAS Group announced today it will be serving customers across Canada’s Eastern and Western Arctic from a new expanded Cargo Service Center and bigger Marine Terminal at the Port of Bécancour.  A NEAS spokesperson said, “The announcement confirms the carrier’s shift from Valleyfield to Bécancour as its main staging ground in Eastern

NEAS confirms switch to port of Bécancour Read More »

The Poseidon Principles Disclosure Report is good, but the disclosure could have been better (Forum)

In December 2020, the signatories of the Poseidon Principles—currently twenty large banks—released their first Annual Disclosure Report. As the first paragraph of the report says: “This report represents the first time signatories of the Poseidon Principles disclose the climate alignment of their ship finance portfolios. It marks a significant milestone in the joint efforts of

The Poseidon Principles Disclosure Report is good, but the disclosure could have been better (Forum) Read More »