Articles

Global trade started 2025 on stable ground, but challenges are mounting in a shifting landscape, according to the latest Global Trade Update by UN Trade and Development (UNCTAD), covering data through early March. In 2024, world trade saw record expansion to $33 trillion in 2024 – up 3.7% from 2023 – driven by developing economies and strong […]

Poland’s largest seaport has released cargo and financial results for 2024 confirming both steady growth and a strong financial performance. Last year, the Port of Gdansk served 3,559 commercial seagoing vessels and handled 77.4 million tonnes of cargo. It also generated a record net profit, estimated at around PLN 264 million (US68 million). Various records

Global port operator DP World has announced record financial results for 2024 and growth in its network container-handling capacity to more than 100 million TEUs. The revenue total marked a 9.7% increase from the previous year. And the adjusted EBITDA rose by 6.7% to $5.5 billion, demonstrating resilience in a complex global trade environment. Though revenue and

Kingston, ON- Kingston 1000 Islands Cruises, a family-owned company, is celebrating the 50th anniversary of its iconic three-hundred-passenger, triple-deck paddle-wheeler, the Island Queen III. Built in Summerstown, Ontario in 1974, the Island Queen was designed in a classic Mississippi paddle-wheel style, crafted entirely in aluminum: a cutting-edge marine fabrication technique for its time. The Island Queen arrived in Kingston the following year, and cruises

LOGISTEC, a leading marine and logistics services provider, announced two key executive appointments – Michel Brisebois, Chief Human Resources Officer and Katia Reyburn, Senior Vice-President Communications and Public Affairs – as part of its strategic growth plan and vision for the continued expansion of its port network and services. Michel Brisebois             

The Secretary-General of the International Maritime Organization, Arsenio Dominguez, has issued a statement condemning a Russian missile attack on Tuesday on a grain vessel in the port of Odesa which killed four seafarers. A ballistic missile struck the MJ Pinar bulk carrier that was loading wheat destined for Algeria, killing four Syrian nationals and injuring one other

After 19 years at the helm of the Port of Trois-Rivières and a career rich in major projects, Gaétan Boivin, President and CEO, announces his retirement. He will be succeeded at the end of 2025 by a new president and CEO to be appointed during the year. Mr. Boivin joined the Port of Trois-Rivières in

Between May and October 2024, a network of trash traps in the Toronto Harbour diverted more than 600-kg of anthropogenic (man-made) debris from the waters of Lake Ontario, including items such as plastic pellets, pieces of foam from food containers and construction activities, plastic bottle caps, cigarette butts, fatbergs1, and more than 100,000 small pieces

The Port of Vancouver today reported record volumes of Canadian trade in 2024, playing a crucial role connecting Canada to diverse markets across the world.  The Vancouver Fraser Port Authority’s annual statistics show a record 158 million metric tonnes (MMT) of cargo moved through the port in 2024, a 5% increase year-over-year that was led

Jonathan Wilkinson, Minister of Energy and Natural Resources, on behalf of the Honourable Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, announced on March 7 that the Government of Canada awarded a $3.15-billion contract (before tax) to Seaspan’s Vancouver Shipyards for the construction of 1 of CCG’s future polar icebreakers under the NSS. This marks a