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First Phosphate Corp.  announces that it has finalized an industrial land option agreement with Port of Saguenay. The Agreement marks progress on the memorandum of understanding (“MOU”) signed between the Company and the Port on October 12, 2022. Under the Agreement, First Phosphate has the exclusive right to enter into a definitive land lease with […]

The Honourable Darren Fisher, Member of Parliament for Dartmouth—Cole Harbour, on behalf of the Honourable Gary Anandasangaree, Minister of Public Safety, along with senior officials from the Canada Border Services Agency (CBSA), the Halifax Port Authority and the Africville community, celebrated the opening on July 16 of the new Marine Container Examination Facility (MCEF).   This

Drewry’s World Container Index (WCI) fell 2.6% this week, marking its fifth consecutive weekly decline. This ongoing downturn follows an earlier period of volatility triggered by higher US tariffs announced in April. The market reaction to the tariffs lagged by one month, with rates beginning to climb in May and surging through the first week

Over 2,280 seafarers have been abandoned aboard 222 vessels so far this year – with $13.1 million in unpaid wages and a 30% year-on-year increase in cases, according to new figures released by the International Transport Workers’ Federation (ITF).   So far in 2025, at least 2,286 seafarers on 222 vessels have been left stranded,

The U.S. Central Command (CENTCOM) today congratulated the Yemeni National Resistance Forces (NRF), led by Gen. Tareq Saleh, for the largest seizure of Iranian advanced conventional weapons in their history. The NRF intercepted and seized over 750 tons of munitions and hardware to include hundreds of advanced cruise, anti-ship, and anti-aircraft missiles, warheads and seekers,

Scheduled heavy fees on China-built ships calling at U.S. ports have sparked a significant drop in the market share of Chinese shipyards, reports BIMCO. “In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.  “Growing concerns over

North Vancouver, B.C. — Seaspan Vancouver Shipyards  has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at reestablishing a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. The memorandum provides a framework for the three companies to assess the feasibility of Algoma Steel

Tokyo-based ITOCHU Corporation has announced that it recently signed a shipbuilding contract for the construction of a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding Co., Ltd.  and an agreement regarding the construction of an ammonia tank plant that will be loaded onto the Vessel with Izumi Steel Works Ltd. The delivery target for the world’s

Driven by a 28% spike in grain shipments, total cargo transiting the St. Lawrence Seaway increased by 4.1% during the commercial navigation period to end June, reports the St. Lawrence Seaway Management Corporation. All grain shipments handled by the binational waterway since the late March start of the 2025 season amounted to 4.2 million tonnes

The Center for Biological Diversity, based in Tucson, Arizona, today sharply attacked a bill introduced by the Trump administration that would “decimate marine conservation efforts and put endangered whales at even greater risk.” The Center was referring to the House Appropriations Committee’s FY26 Commerce, Justice, Science, and Related Agencies spending bill, which it charged was laced with