The Clean Arctic Alliance has expressed serious concern over reports that the container vessel Dubai Tower, operated by Chinese company Sea Legend, has departed from the port of Ningbo in an attempt to cross the Northern Sea Route and over new that South Korea’s PanStar has purchased a ship for imminent Arctic transit. The Dubai Tower is […]
Canadian Coast Guard ship (CCGS) Louis S. St-Laurent, Canada’s largest, most powerful icebreaker, reached the North Pole on August 16 as part of its 2026 Arctic deployment. The transit supports Canada’s work to define the country’s continental shelf and map its outer limits under the United Nations Convention on Law of the Sea. As part of the
Canada’s largest icebreaker reaches the North Pole on scientific mission Read More »
The PIER has welcomed the Hamilton Oshawa Port Authority (HOPA) as its newest ecosystem member, further strengthening its global network of ports, technology companies, supply chain partners, researchers and startups. Through this new partnership, the organizations aim to advance port innovation and the adoption of practical supply chain solutions to strengthen supply chain resilience and
HOPA joins The PIER in Halifax Read More »
The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, today announced the appointment of Natasha Griffin as Chief Executive Officer of CMA CGM North America. Based in Norfolk, Virginia, Ms. Griffin will lead CMA CGM’s operations and strategic development across North America, overseeing the Group’s shipping, logistics, intermodal, and supply
Natasha Griffin appointed CEO of CMA CGM North America Read More »
Dubai-based DP World reported revenue of $12.7 billion for the first half of 2026, up 13.1% year-on-year, as the strength of its global network helped the company navigate significant disruption to trade flows in the Middle East. Growth across Logistics, Marine Services and DP World’s international Ports and Terminals portfolio helped offset lower activity at Jebel Ali.
DP World reports 13% revenue growth in H1 2026 Read More »
CN has announced the advancement of its hybrid locomotive development program, marking another important milestone in the company’s commitment to innovative, more efficient and more sustainable rail operations. Following a successful initial pilot project with a hybrid locomotive, CN now has three locomotives being tested and is working to transform two additional locomotives into hybrid-electric platforms
CN Continues to Advance Locomotive Innovations Read More »
The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, increased 1% to $4,339 per 40ft container, driven by higher rates on the Transpacific trade route. On the Transpacific trade route, spot rates increased again this week, with rates from Shanghai to New York rising 10% to $8,706 per 40ft container and
World container rates increase for second straight week Read More »
The Montreal Port Authority (MPA) confirms the launch of in-water construction work at the site of its Contrecœur Expansion Project. In line with the project schedule, this new milestone officially marks the beginning of a major phase of construction and concludes the preparatory work carried out since fall 2025. This new phase represents a significant
This summer edition offers much informative content for Canadian policymakers, shippers, transportation providers and port officials seeking to best navigate through various persistent geopolitical conflicts, slower global growth and the latest world disorder creations of U.S. President Donald Trump. Increasingly, trade diversification has become the new mantra for more Canadian exporters, though just pure geography
Enjoy! The Summer Edition of Maritime Magazine (No. 121) is Online Read More »
World oil demand has been forecast by the International Energy Agency to decline by 1.6 mb/d in 2026, 510 kb/d more than its estimate in last month’s Report, as the ongoing closure of the Strait of Hormuz and elevated fuel prices continue to weigh on oil consumption. Annual contractions will nevertheless ease from 4.9 mb/d
World oil supply and demand outlook further deteriorates Read More »