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The global economy has shown resilience, but the outlook remains clouded by trade tensions, fiscal strains and persistent uncertainty, according to a report produced by the United Nations Department of Economic and Social Affairs (UN DESA), in partnership with UN Trade and Development (UNCTAD) and the five United Nations regional commissions. Global  growth is expected […]

The Drewry World Container Index (WCI) increased 16% to $2,557 per 40ft container, mainly due to rate hikes on Transpacific and Asia–Europe trade routes, the UK-based maritime consultancy announced. Spot rates on the Shanghai–Genoa increased 13% to $3,885 per 40ft container, while those on Shanghai–Rotterdam rose 10% to $2,840 per 40ft container. This upward momentum

Trois-Rivières, QC – Groupe Somavrac Inc., a leading Quebec-based critical infrastructure company serving strategic industries throughout Quebec and across Canada, and a consortium led by Instar Asset Management Inc. and including Investissement Québec and the Fonds de solidarité FTQ, today announced a strategic partnership. This collaboration is intended to ensure continuity, stability and responsible management

The Montreal Port Authority (MPA) announces that it has received an authorization from Fisheries and Oceans Canada prior to the expansion of port facilities in Contrecœur and the continuation of the construction of the new container terminal. This authorization is issued under both the Fisheries Act and the Species at Risk Act as part of the ongoing activities initiated

Some 100 days ago, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. “Despite this, traffic through the Suez Canal has not significantly increased and in the first week of 2026 remained 60%

The Port of Québec launched its maritime year on January 3 with the arrival of the first ocean-going vessel of 2026. The MV Mayaro, coming from Chesapeake (USA) and carrying a cargo of methanol, docked at wharf 50 under the command of Captain Leroy J. Enguerra, who received this year’s gold-headed cane—an emblematic distinction in Québec

Sweden’s Stena RoRo announces it has chartered out the ship A Nepita, ex Superfast X, to Canadian Crown Cooperation Marine Atlantic Inc for a 5-year period. The ship will enter into service during the fall of 2026 following a period of customization to the intended trade such as ship to shore ramp arrangements, ships livery,

North Vancouver, B.C. — Seaspan Shipyards (Seaspan) announces signed agreements with Bollinger Shipyards (Bollinger) and Rauma Marine Constructions Oy (Rauma) to provide its proven Multi-Purpose Icebreaker (MPI) design and associated supply chain packages to enable rapid construction and delivery of up to six vessels for the U.S. Coast Guard’s Arctic Security Cutter (ASC) program. Rauma will

The Port of Québec has confirmed that a a 60-metre section of the copewall of wharf 25 collapsed into the St. Lawrence River Sunday between 7:00 AM and 1:00 PM. Another section, measuring around 40 metres, is in imminent danger of breaking. Wharf 25 had reached the end of its useful life and had already

The Port of Trois-Rivières has welcomed the first vessel of the year to VECTIS PRIDE, marking today 60 years of maritime tradition during a ceremony. VECTIS PRIDE docked at the Port on January 4, 2026, at 12:05 a.m. after a voyage of 15 days across the Atlantic. The vessel, with its 13 crew members of