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The Drewry World Container Index (WCI) decreased 10% to $2,212 per 40ft container for the second consecutive week, primarily due to a drop in rates on the Transpacific and Asia–Europe trade routes. Spot rates on Shanghai to New York decreased 11% to $3,191 per 40ft container and those from Shanghai to Los Angeles fell 12% […]

The Port of Sept-Îles (PSI) announced that it surpassed 40 million tonnes of cargo handled in 2025, setting a new record. The record performance was unveiled on January 21 during the first edition of Le Grand Rendez-vous du Port, attended by nearly a hundred partners. With a total volume of 40,080,194 tonnes, compared to 38,510,806

Port Saint John announces the appointment of Brent McGovern as its new Chief Operating Officer (COO), effective January 26, 2026. Mr. McGovern joins the organization following a distinguished 20-year career at the City of Saint John, where he most recently held the role of Chief Administrative Officer (CAO). During his tenure with the City of

The International Chamber of Shipping (ICS) has released  its new Deck Procedures Guide, a vital addition to ICS’s suite of shipboard operational guidance.  This publication addresses a critical gap in maritime safety guidance by providing the industry’s first comprehensive resource dedicated specifically to deck operations. Together with the widely used Bridge Procedures Guide and Engine

Preliminary statistics released today by the St. Lawrence Seaway Management Corporation confirm a strong increase in grain shipments offsetting a sharp decline in steel-related cargoes hit by 50% tariffs imposed by the Trump Administration on steel and aluminum imports. Total estimated 2025 volume on the binational waterway amounted to 37 million tonnes versus 36.9 million

The ICC International Maritime Bureau (IMB) has reported an increase in global maritime incidents and piracy and armed robbery in 2025, though classifying most cases as low-level.    According to the IMB Annual Piracy and Armed Robbery Report, 137 incidents against ships were recorded in 2025 compared to 116 in 2024. It reveals that 121 vessels were boarded, four vessels were hijacked and two fired upon as well as 10 attempted

The Canadian Marine Careers Foundation announces that Daisy Quon has joined its team as Workforce Development Manager. Based in Vancouver, B.C., Daisy will represent the CMCF’s interests on the West Coast and will play a national role in developing workforce development programming in collaboration with CMCF’s partners. She will also be engaged in grant writing and

The Montreal-based CSL Group, a global leader in responsible marine transportation, is proud to be recognized as one of Canada’s Top Employers for Young People for the fifth year in a row. The distinction reflects CSL’s long-standing commitment to developing early-career talent and fostering an inclusive, growth-oriented workplace across both shipboard and shore-based operations. Early-career professionals represent

DAVOS, Switzerland — The global trade outlook looks fragile. Business confidence does not. That’s the core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026, showing 94% of respondents expect 2026 trade growth to match or exceed the pace of 2025, despite rising frictions and volatility. The findings are based on a survey

In its latest World Economic Outlook, the International Monetary Fund projects that global growth will remain resilient at 3.3 percent in 2026 and at 3.2 percent in 2027: rates similar to the estimated 3.3 percent outturn in 2025. The forecast marks a small upward revision for 2026 and no change for 2027 compared with that