Articles

Odfjell launches the first operational green corridor between Brazil and Europe

Odfjell’s chemical tankers are now sailing the 5,000-nautical-mile route between Brazil and Europe with substantially lower emissions. The corridor will operate 12-15 voyages per year, each lasting around 40 days. Norway-based Odfjell has established an offtake of B24 sustainable biofuel in Rio Grande to secure long-term fuel availability. The Ports of Antwerp, Rotterdam and Rio […]

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Ottawa urged to maximize full potential of the St. Lawrence/Great Lakes corridor

To launch nation-building projects, Ottawa must maximize the full potential of the St. Lawrence and Great Lakes corridor, a coalition of stakeholders has urged. The joint message participants are Saint Lawrence Ship Operators, the Chamber of Marine Commerce, Ontario Marine Council, the St. Lawrence Economic Development Council, Algoma Central Corporation, Canada Steamship Lines, Groupe Desgagnés

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Impact Assessment Agency invites public comments on Point Rousse port project

Point Rousse Marine Terminal Ltd. is proposing to expand the existing port infrastructure at Point Rousse, located on the Baie Verte Peninsula, in Newfoundland and Labrador. The Impact Assessment Agency of Canada (IAAC) has invited Indigenous Peoples and the public to review the summary of the Initial Project Description and provide comments by January 16, 2026. IAAC is coordinating with the Government of Newfoundland and Labrador to

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Rejection of NovaAlgoma Cement Carriers application to operate in New Zealand waters

The New Zealand government this week declined an application filed by NovaAlgoma Cement Carriers (NACC) to operate a coastal shipping service in New Zealand waters. NACC is a 50/50 joint venture between Canada’s Algoma Central Corporation and Nova Marine Holdings SA of Luxembourg. NACC had sought an exemption from cabotage laws under Section 198 of

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World Shipping Council flies the flag for ocean shipping at UN launch of Decade of Sustainable Transport

The World Shipping Council (WSC) has joined political leaders and transport industry representatives at the United Nations launch of the Decade of Sustainable Transport, highlighting the essential role of ocean shipping in cutting emissions across global supply chains. Much of the public debate on sustainable transport focuses on what people see every day, from urban

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Arctic Gateway Group and Nunavut Sealink & Supply Inc. partner to reinforce Port of Churchill’s role

Arctic Gateway Group (AGG) and Nunavut Sealink and Supply Inc. (NSSI) have signed a new Memorandum of Understanding that establishes a framework for collaboration focused on strengthening northern supply chains for the Port of Churchill to support Nunavut’s Kivalliq region. For generations, the Port of Churchill served as Nunavut’s closest deep-water gateway for essential supplies,

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Cosco Shipping signs massive fleet renewal deal with China Shipbuilding Group

China’s Cosco Shipping Group has signed a $7 billion deal with China Shipbuilding Group for a massive fleet renewal and expansion covering 87 ships, including container ships and multipurpose vessels, reports the joc.com news platform. It is described as the largest single order for new ships ever placed with the Chinese shipbuilder. The deal was

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Fitch Ratings sees ‘deteriorating’ 2026 outlook for seaports in North America, Europe, Middle East and Africa

Sector outlooks for North America and EMEA Seaports are ‘deteriorating’ for 2026, while Asia-Pacific and Latin America ports appear to be better weathering policy uncertainty and the tariff war, according to the Fitch Ratings Global Seaports Outlook 2026. “The ‘deteriorating’ outlook for EMEA reflects Fitch’s expectations for modest or stagnant seaborne trade as higher tariffs

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Declining import cargo volume in U.S. ports to persist in 2026 amid trade disruptions

Amid the impact from tariffs and ongoing trade policy uncertainty, year-over-year declines in import cargo volume seen at the nation’s major container ports in recent months are expected to continue in 2026, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Stores are stocked up and ready for a

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