Articles

Saint John, NB – Irving Oil and Algoma Central Corporation welcomed the first of two new product tankers into Saint John Harbour today. The vessels will service Canada’s largest refinery with deliveries to ports in Atlantic Canada and the U.S. East Coast. The vessels represent a total investment of $127 million by Algoma in partnership […]

Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel. This milestone voyage proves how existing technologies and fuels can be paired to accelerate deep-sea shipping’s transition to net zero emissions. Real-time data from the voyage confirms that this dual propulsion approach

The Port of Montreal is pleased to announce the official launch of the 2025 cruise season, heralded by the return of Victory Cruise Lines’ Victory I. With 58,000 passengers and crew members expected during the season, and tourist attractions spanning the Great Lakes and international destinations, Montreal affirms its position among North America’s top cruise destinations. It’s also an opportunity to mark

Delta, BC – Global Container Terminals (GCT), a majority Canadian-owned container terminal operator serving the West Coast, is proud to announce the arrival of the first two of six new replacement ship-to-shore (STS) cranes at GCT Deltaport. This delivery marks a major milestone in the $170 million crane enhancement and replacement project aimed at enhancing

Antwerp-based CMB.TECH has agreed to acquire Norway’s Golden Ocean in an all-stock deal that will create one of the largest diversified listed maritime groups in the world with a combined fleet of more than 250 vessels including tankers, dry bulkers and containerships. Under the terms announced, the companies will merge with Golden Ocean shareholders receiving

The Chamber of Marine Commerce (CMC) announces that effective yesterday, the President and CEO Bruce Burrows and the CMC Board mutually agreed to conclude Mr. Burrows’ tenure after more than eight years of leadership. “I thank Bruce for his years of dedicated service, and I wish him all the best in his future endeavours,” said

By Gregor Stevens, Nautical Director, International Chamber of Shipping The maritime landscape has transformed dramatically over the past decade. With the global fleet expanding from approximately 1.7 billion deadweight tonnage in 2014 to roughly 2.4 billion today, a remarkable 40 per cent increase, helicopter-ship operations have similarly escalated in both frequency and complexity. This growth,

In the first quarter of 2025, Port of Antwerp-Bruges reports it handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. But container throughput increased while bulk cargo declined. The port continues to navigate global challenges such as shifting market dynamics, geopolitical tensions and the ongoing pressure on

The International Monetary Fund today announced sharply-lowered world growth forecasts for this year and 2026 and warned the outlook could deteriorate further in an escalating trade war sparked by President Trump’s century-high tariffs impacting all countries. The global economy is predicted to grow 2.8% this year, down from a previous forecast of 3.3%, and by

According to a new report from Sea-Intelligence, container shipping lines have dramatically increased blank sailings on Transpacific routes as a result of the escalating trade conflict between the U.S. and China. Under the latest developments, the U.S. boosted tariffs on Chinese goods to 145%, while China retaliated with 125% tariffs on U.S. imports and restrictions