US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure bill Congress aims to finalize over the coming weeks, reports Mark Szakonyi, Executive Editor of The Journal of Commerce and JOC.COM. The Senate began voting on …
Coming US infrastructure bill promises port-funding splurge Read More »
The Federal Maritime Commission has launched an expedited inquiry into the timing and legal sufficiency of ocean carrier practices with respect to certain surcharges. Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced. BoE has given the …
FMC launches expedited inquiry into ocean carrier pricing practices Read More »
On July 23, at the Arctic Day, which took place in St. Petersburg (Russia), a Cooperation Agreement was signed between ROSATOM and DP World Corporation. The document was signed by ROSATOM Director General Alexey Likhachev and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World. ROSATOM seeking to develop its logistics business and …
DP World and Rosatom sign agreement for Northern Transit Corridor Read More »
After originally backing the massive undertaking in the Saguenay region, the Legault government has rejected the $14 billion GNL Québec project in the wake of widespread opposition. The decision was announced late Wednesday by Environment Minister Benoit Charette who remarked that “this project has more disadvantages than advantages” and was economically “risky.” In this …
Québec government gives thumbs down to Saguenay LNG megaproject Read More »
In its transportation statistics 2020, TSB Canada recorded a total of 262 marine accidents (resulting directly from the operation of a ship), down from the 2019 total of 267 and below the 10-year average of 289. In 2020, the proportion of shipping accidents was 84% of marine accidents, comparable to the previous 10-year average …
By Leo Ryan, Editor Canada’s federal government has delivered a clear rejection of the Port of Québec‘s ambition to launch a second container gateway on the St. Lawrence River complementing Montreal, affirming that the Laurentia project does not meet the standards of economic development that fully respect the environment. This decision Tuesday by the …
Ottawa gives final thumbs down to Laurentia container project Read More »
The governments of Canada and Quebec are determined to protect the St. Lawrence River through joint scientific research, conservation, restoration, and collaborative projects, with the support of their partners. From a desire to continue this collaboration, which has existed for more than thirty years, the governments have jointly committed to making the St. Lawrence a healthy and …
Canada and Quebec jointly invest in conservation of St. Lawrence Read More »
Three bills tabled in the US Senate seek to allow foreign-flag cruise ships to bypass British Columbia on their Alaska voyages, dealing a serious blow to the province’s multi-billion dollar tourism sector. Current laws temporarily allow the vessels to travel directly between US ports without touching a foreign country. If the bills tabled late …
Proposed US bills could devastate BC cruise industry Read More »
By Leo Ryan, Editor The Port of Quebec’s ambition to emerge as a second container gateway on the St. Lawrence River with Montreal appears seriously jeopardized after Jonathan Wilkinson, the federal Minister of the Environment and Climate Change, announced his refusal to endorse the Laurentia project. This followed the release yesterday of the final …
The Nigerian Navy has commissioned into service 16 new vessels, including ten small boats and six patrol vessels, which will be used to enhance maritime security and protect the country’s oil and gas assets. Nigeria has today announced a significant investment in military and law enforcement infrastructure to secure its maritime domain as part …
Shipping industry welcomes Nigeria’s “Deep Blue” project Read More »