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Maersk Tankers, one of the world’s largest tanker operators, is set to deploy eSAIL® suction sail technology on five of its MR (medium range) vessels as part of its strategy to reduce its environmental footprint and advance sustainable solutions in maritime transportation. With over 240 tankers and gas carriers in operation, Maersk Tankers is continually […]

In the first ten months of this year, shipyards were on track to set a new annual record for container ship deliveries. A total of 410 ships with a combined capacity of 2.5m TEU have been delivered, surpassing the previous record of 2.3m TEU set in 2023. Comments Niels Rasmussen, Chief Shipping Analyst at BIMCO,

After nearly 1,200 longshore workers rejected a “final offer” from employers, the Maritime Employers Association launched its threatened lockout Sunday night, bringing a virtual total halt to traffic at Canada’s second biggest port. Julie Gascon, President and CEO of the Montreal Port Authority, today warned of the economic consequences of a prolonged conflict for Montreal, Quebec and

If the union representing 1,200 longshoremen at the Port of Montreal rejects the final offer proposed Thursday to end the impasse in labour negotiations, the Maritime Employers Association (MEA) has threatened to launch a lockout that will virtually shut down Canada’s second biggest port. This would radically disrupt supply chain and port operations beyond the

The Canadian Government has announced $22.5 million in financial assistance to the Port of Quebec to support the electrification of its three docks welcoming cruise ships and the two docks hosting merchant vessels. This is a key plank in the Port’s ambitious sustainable development plan which targets a 40% reduction in greenhouse gases (GHGs) over

The Vancouver Fraser Port Authority has submitted the Species at Risk Act-compliant Fisheries Act Authorization application to Fisheries and Oceans Canada for the Roberts Bank Terminal 2 Project, a future marine container terminal in Delta, B.C. “With this submission, we are one step closer to delivering one of Canada’s most important trade-enabling infrastructure projects—accommodating Canada’s growing trade and

Speaking at a luncheon organized by the Chamber of Commerce of Metropolitan Montreal (CCMM), President and CEO of the Montreal Port Authority (MPA) Julie Gascon today outlined her ambitious vision on how to develop the St. Lawrence River and expressed deep concern about the impacts of the labour relations impasse at the Port of Montreal. (The Montreal

The Québec Port Authority (QPA) has announced that after 14 years at the organization’s helm, its President and CEO Mario Girard will become Delegate General of Québec in Tokyo on February 17, 2025. “It is with great emotion that I informed the members of the Board today of my decision to accept the position of

Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates, today commented Peter Sand, Chief Analyst of Xeneta, the Oslo-based intelligence platform. Mr. Trump has vowed blanket tariffs of up to 20% on all imports into

Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships at a combined cost of about $4 billion. Of these, 12 newbuildings – each with a capacity of 16,800 TEU – will be built by Yangzijiang Shipbuilding Group. These units will be used to expand the capacity of