Maritime Magazine

St. Lawrence Seaway opens amidst uncertain times

St. Catharines, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 62nd navigation season today, with the transit through Lock 8 on the Welland Canal of the NACC Argonaut, a pneumatic cement carrier that is 50% owned by Algoma Central Corporation. The outbreak of the coronavirus pandemic in recent months is expected to have an

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BIMCO downgrades global container shipping outlook

Copenhagen, Denmark – The Baltic and International Maritime Council (BIMCO) has revised its outlook for container shipping demand in 2020 from low global demand growth to negative demand growth for the full year. According to BIMCO’s revised forecast, container shipping freight rates are now expected to go down to loss-making levels as the coronavirus pandemic

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IMO issues guidance on STCW certification

The International Maritime Organization (IMO) has issued guidelines on standards for training, certification and monitoring of seafarers (STCW) in response to growing concerns following the coronavirus epidemic. IMO has stated that the worldwide response to the epidemic poses a serious challenge for administrations to enable the continuing education of seafarers, revalidate certificates, including medical certificates, and the

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IMO issues guidance on STCW certification

The International Maritime Organization (IMO) has issued guidelines on standards for training, certification and monitoring of seafarers (STCW) in response to growing concerns following the coronavirus epidemic. IMO has stated that the worldwide response to the epidemic poses a serious challenge for administrations to enable the continuing education of seafarers, revalidate certificates, including medical certificates, and the

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Logistec reports strong 2019 results

Montreal-based marine and environmental services provider Logistec Corporation announced consolidated revenue of $639.9 million in 2019, an increase of $55.1 million or 9.4% over 2018. Logistec provides specialized services to the marine community and industrial companies in the areas of bulk, breakbulk and container handling in 34 ports and 60 terminals in North America. The marine services segment posted revenue of $385.3 million

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Port of Montreal cargo activity at full capacity

Freight transport operations are running at full capacity, the Port of Montreal reported today.” No cancellations have occurred, and rail transport continues as scheduled. Road transport and terminal operations are ongoing. We will continue to follow Transport Canada guidelines and monitor the impact of COVID-19 on Port operations.” The MPA is closely following the directives of federal

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