Articles

DP World survey shows trade leaders upbeat despite rising barriers

DAVOS, Switzerland — The global trade outlook looks fragile. Business confidence does not. That’s the core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026, showing 94% of respondents expect 2026 trade growth to match or exceed the pace of 2025, despite rising frictions and volatility. The findings are based on a survey […]

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IMF sees global economic outlook as steady amid divergent forces

In its latest World Economic Outlook, the International Monetary Fund projects that global growth will remain resilient at 3.3 percent in 2026 and at 3.2 percent in 2027: rates similar to the estimated 3.3 percent outturn in 2025. The forecast marks a small upward revision for 2026 and no change for 2027 compared with that

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Port of Prince Rupert cargo volumes post strong increase in 2025 amidst substantial infrastructure development

The Prince Rupert Port Authority (PRPA) announced that the Port of Prince Rupert handled 26.3 million tonnes of cargo in 2025, a 14 percent increase over 2024, during a historic period of infrastructure investment and development. “Our 2025 performance reflects the consistent commitment of the Prince Rupert Gateway’s workforce, terminal operators, CN, and customers. The

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Global treaty for protecting the oceans enters into force

By Leo Ryan, Editor In a historic development, the world’s first global treaty to protect ocean life in international waters entered into force on January 17, bringing into effect legally-binding rules for the sustainable use and protection of marine resources in the high seas. These immense, largely unregulated waters are bursting with rich biodiversity and

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UK-led maritime consortium unveils plan for nuclear-powered fleet

The UK is taking a decisive step towards leading the global race to decarbonise shipping with the launch of the Maritime Nuclear Consortium. Convened by Lloyd’s Register (LR), the group unites leading expertise from the nuclear, maritime, insurance and regulatory sectors to set the highest international standards for safe, secure and commercially viable nuclear-powered ships. Maritime

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Capital Clean Energy Carriers takes delivery of the world’s first 22,000 cbm Liquid CO2/multi-gas vessel

Greece’s Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, has announced the delivery of the world’s first 22,000 cubic meters  low-pressure liquid CO2 (“LCO2”) carrier, the Active, from Hyundai Mipo Dockyard Co. The Active is the first of four 22,000 cbm LCO2/multi gas carriers under CCEC’s investment program at HMD. The vessel is designed to transport LCO2,

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PortsToronto returns to its roots as the Toronto Port Authority

After operating as PortsToronto for a decade, the organization that owns and operates Billy Bishop Toronto City Airport and is responsible for stewardship of Toronto’s harbour is returning to its roots and will once again be known as the Toronto Port Authority. This rebrand marks a return to its legal name and historic federal identity

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Albany Port Railroad welcomes new Tier 4 Locomotive

Albany Port Railroad has celebrated the arrival of its newest locomotive #2502 with NYS Department of Transportation Commissioner Marie Therese Dominguez and dignitaries from throughout the region. In Governor Kathy Hochul’s announcement, Albany Port Railroad was one of 25 projects that received a total of $101 million investment in New York’s port and freight rail

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Port Saint John marks completion of $247 million West Side Modernization Project

Today, Port Saint John, alongside government and private sector partners, cut the ribbon on the $247 million west side modernization project. The project, funded in partnership with the Government of Canada, Province of New Brunswick, and the Port, marks the end of a decades’ long journey to solidify Port Saint John’s position as a critical

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CPCS acquires France-based maritime and port consultancy

Ottawa-based CPCS, a leading infrastructure management consultant working on some of the largest projects and initiatives in rail, transit, freight, ports, maritime, and trade-enabling infrastructure across the globe, announces it’s acquiring Mille407, a France-based port and maritime management consultancy headquartered in La Rochelle. CPCS has completed some 1,700 projects in more than 120 countries. Governments, port

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