Articles Archives - Page 4 of 107

Import cargo’s early peak season at U.S container ports is winding down

Articles, Indexnow, Post EN / Maritime Magazine

This year’s peak shipping season is coming to an end, with import volume at the U.S. major container ports expected to remain high this month before starting to decline for the remainder of 2026, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We had an early peak season […]

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Panama Canal announces new draft restrictions

Articles, Indexnow, Post EN / Maritime Magazine

In a customer advisory, the Panama Canal Authority (ACP) has announced will implement a new round of draft restrictions for vessels transiting its Neopanamax locks in late August as water levels in Gatun Lake have continued to decline amid a strengthening El Niño. The ACP said the maximum authorized draft will be reduced to 48.0 feet

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FastFrate acquires Jardine Transport Group

Articles, Post EN, Translated / Maritime Magazine

Toronto — Fastfrate Group has acquired 100% of Jardine Transport Group from SeaFort Capital Inc. and certain members of the Jardine Transport Group executive team. Jardine Transport Group includes Jardine Transport, R.E.M. Transport, Gil Trucking, Quality Transportation and K&T Transport. This deal further strengthens Fastfrate Group as one of Canada’s leading transportation and supply chain

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World container rates rebound

Articles, Indexnow, Post EN, Translated / Maritime Magazine

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, rebounded after three consecutive weeks of decline, edging up 1% to $4,297 per 40ft container. The increase was supported by higher rates on Transpacific trade routes. On the Transpacific trade route, spot rates from Shanghai to New York rose 4% to $7,893

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Global maritime associations draw red line on any potential charges for transit in Strait of Hormuz

Articles, Indexnow, Post EN / Maritime Magazine

In a joint open letter sent to the United Nations Secretary General António Guterres, and International Maritime Organization Secretary General Arsenio Dominguez, eight maritime associations have strongly reiterated their opposition to potential compulsory tolls or charges being introduced in the Strait of Hormuz. The letter comes amid reports that current negotiations between Iran and Oran

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Study highlights Port of Nanaimo’s growing contribution to jobs, trade and economic growth

Articles, Indexnow, Post EN / Maritime Magazine

A new independent Economic Impact Study confirms the Port of Nanaimo is a significant economic driver for Canada, British Columbia and Vancouver Island, generating $2.4 billion in economic output in 2025. The study, conducted by Deetken Insight, assessed the economic impacts of the Port and its port community using recognized Statistics Canada data and economic

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Fraser Industries signs shipyard modernization MOU with HD Hyundai

Articles, Indexnow, Post EN / Maritime Magazine

Fraser Industries has signed a memorandum of understanding (MOU) on cooperation for shipyard modernization to revitalize the U.S. shipbuilding industry with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai’s shipbuilding division. Fraser Industries is proud to collaborate with HD Hyundai in making a full-scale entry into the modernization

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Port of NY/NJ was second-busiest U.S. gateway for loaded containers in June

Articles, Indexnow, Post EN / Maritime Magazine

The Port of New York and New Jersey reports it was the nation’s second-busiest cargo gateway for loaded TEUs (twenty-foot equivalent units) in June, moving 503,016 loaded TEUs over the month. The figure was an increase of 7.6 percent from June 2025. Overall volume at the Port of New York and New Jersey showed strong

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CPKC sets all-time Canadian grain transport record in 2025-26 crop year

Articles, Indexnow, Post EN / Maritime Magazine

Canadian Pacific Kansas City said today it has broken its all-time volume record for transporting Canadian grain and grain products by moving 30.66 million metric tonnes (MMT) during the 2025-2026 crop year. This new record annual volume exceeded the previous record set in the 2020–2021 crop year by approximately 72,500 metric tonnes. “Our team of

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Inuit-led partnership strengthens Canada’s Arctic capacity with coming arrival of Polar Class icebreaker chartered from Finland

Articles, Indexnow, Post EN / Maritime Magazine

Iqaluit — Qikiqtaaluk Horizon Arctic Services (QHAS) announced today that it will deliver the Polar Class Icebreaker Nordica to operate in Canadian Arctic waters for the upcoming season, supporting increased maritime capability and safe navigation across Inuit Nunangat. The Nordica is chartered by Finnish operator and owner Arctia to the Canadian Coast Guard under a

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