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200 million tons of cargo already transported via the Ukrainian maritime corridor

Since it began operating in August 2023, the Ukrainian maritime corridor has transported 200 million tons of cargo, of which 118 million tons is Ukrainian grain, Deputy Prime Minister for Restoration – Minister for Communities and Territories Development Oleksiy Kuleba reported on social media. According Deputy Prime Minister Kuleba, since the beginning of this year […]

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The Port of Saguenay unveils an innovative development vision

Transform the industrial and port area into an innovative industrial campus, integrated into its natural environment and capable of driving economic diversification in the region, across Quebec and throughout Canada: this was the ambitious vision unveiled by the Port of Saguenay team at its Annual General Meeting. The result of a process involving numerous experts

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Delivery of MV CSL Kuleana advances CSL International Pool newbuild program

CSL took delivery on May 29 of MV CSL Kuleana from YAMIC Shipyard, marking the latest milestone in the renewal of the CSL International Pool fleet. The vessel has now departed on her maiden voyage. CSL Kuleana is the fourth in a series of five Kamsarmax newbuilds developed with our Pool partner. The newbuild program is reshaping the

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Port of Quebec handled 26.8 million tonnes of cargo in 2025

At its annual public meeting yesterday, the Port of Québec described 2025 as a year of major advances, sustained performance, and renewed commitment to the community while announcing a cargo throughput of 26. 8 million tonnes versus 26.5 million tonnes in 2024. Olga Farman, President & CEO, Port of Québec stressed that the port’s sustained

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Drewry World Container Index surges by 23%

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, surged 23% to $3,433 per 40ft container due to rate increases on the Transpacific and Asia–Europe trade routes. Drewry has received confirmation from multiple sources that this year’s peak season began earlier than usual, which is supporting stronger demand and higher freight

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Data shows investments in the methane decarbonisation pathway continue to grow

2026 data shows that the methane decarbonisation pathway is moving forward. This is despite geopolitical disruption and regulatory uncertainty, says industry coalition SEA-LNG. The latest data shows that LNG bunkering volumes are surging in major bunkering hubs, liquefied biomethane sales have grown six-fold in major ports and LNG-fuelled vessels now account for about 90% of

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Iran War drives new record in dirty tanker exports from the Americas

According to Niels Rasmussen, Chief Shipping Analyst at BIMCO, dirty tanker exports in May from the Americas reached 14.5 million barrels per day (mbpd), up from the previous record of 13.8 mbpd in April. Dirty tankers are specialized vessels that transport unrefined, heavy fuel oil. “Compared to May 2025, exports are up 40% year-on-year and

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Seaspan and Hapag-Lloyd complete first methanol retrofit 

Singapore – Seaspan Corporation, a global leader in maritime asset ownership and management, and Hapag-Lloyd, a leading container liner, today announced the successful completion of the first of the five vessel conversions under their methanol retrofit program with the delivery of Seaspan Yangtze. This successful conversion is not only a remarkable technical achievement, but also

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Texas Governor Abbott breaks ground On $1 Billion Davie Defense Shipyard Modernization In Galveston

Governor Greg Abbott on Monday delivered remarks and participated in a groundbreaking ceremony on a $1 billion modernization of Davie Defense’s Gulf Copper Shipyards’ Coast Guard icebreaker production facilities in Galveston and Port Arthur. This project is the state’s first complex shipbuilding project in decades.  “This is a quintessential America First project,” said Governor Abbott. “America has a dire

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