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Louisiana-based Chouest Group has announced the acquisition of marine and offshore services provider Horizon Maritime, headquartered in St. John’s, Newfoundland and Labrador. It is acquiring the Canadian company from CFFI and its lender HPS. Transaction details were not disclosed.  Chouest Group said the deal represented “a significant expansion of Horizon Maritime’s capabilities and increase in […]

Winnipeg – Arctic Gateway Group, CentrePort Canada Inc., and DP World (Canada) Inc. have signed a Memorandum of Understanding (MOU) to pursue strategic trade growth opportunities, AGG announced in a press release. This agreement focuses on port operations, logistics services, and the potential development of an integrated transportation corridor linking the Port of Churchill, the

The St Lawrence Economic Development Council (Sodes) is hosting today the 26th edition of Quebec Maritime Day (JMQ), under the theme ‘The St Lawrence – Our gateway to the world’. Since its inception, the JMQ has established itself as a strategic event fostering ongoing dialogue between Québec’s maritime ecosystem and the Government of Québec. As

Ryan Anderson Vancouver – Ryan Anderson, CEO and Owner of Canpac Marine, a leading provider of specialized marine and offshore solutions, has been named the EY Entrepreneur Of The Year 2026 Pacific Overall Award winner by an independent judging panel. He was recognized at last night’s celebration in Vancouver alongside five regional winners, an EY

Seafarer happiness has fallen for a third consecutive quarter, according to the latest Seafarers Happiness Index (SHI), published by The Mission to Seafarers with Inmarsat and Idwal. The Q3 2026 score of 6.81/10 is down from 6.87 in Q2 and 7.26 at the end of 2025. Six of the ten measures fell. Those linked to

Mammoet Canada Eastern Ltd., Port of Argentia Inc., and Argentia Capital Inc. (ACI) have signed a Memorandum of Understanding (MOU) to advance the development of a floating dry dock and marine repair facility at Port of Argentia. The initiative brings innovative marine technology and new industrial capacity to Newfoundland and Labrador. The partnership integrates Mammoet’s global

On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier, reports Niels Rasmussen, Chief Shipping Analyst at BIMCO. This is slightly below the all-time high of 210.4m CGT reached in May but remains above the previous record of 195.4m CGT

More than 500 dual-fuel container ships and vehicle carriers are now operating worldwide, with total investment in dual-fuel ships delivered and on order surpassing $200 billion, according to the latest World Shipping Council (WSC) Dual-Fuel Fleet Dashboard. As of September 2026, 503 dual-fuel ships were on the water, up 41% from 358 at the same

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, increased 2% to $4,585 per 40ft container, driven by higher rates on the Asia to Europe and Transpacific trade routes. It is the highest level in 15 weeks. On the Transpacific trade route, rates from Shanghai to Los Angeles rose 2% to

Closing Date Montreal-Lake Ontario Section The Corporations have decided to waive the operational surcharges on December 21, 22, 23 and 24. Any transit of the Montreal-Lake Ontario Section of the Seaway after 23:59 hours, December 24, if permitted, will be subject to prior written agreement. Arrangements are to be made at the St. Lambert office.