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Dual-Fuel vessels set to shape the next decade of shipping

Cyprus-based Columbia Group predicts that dual-fuel ships will define the next decade of shipping, as the absence of a scalable zero-carbon alternative leaves LNG-powered vessels as the industry’s most viable solution. As one nears the end of 2025, dual-fuel ships will have accounted for around half of global new-build orders, with LNG propulsion powering nearly 70% […]

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St. Lawrence Seaway traffic through August up 4%

Robust grain shipments have sparked an overall 4% increase in cargo volume to 20.3 million tonnes on the binational St. Lawrence Seaway in the navigation period to end August. Statistics released by the St. Lawrence Seaway Management Corporation showed cumulative grain traffic up 19% at 6.3 million tonnes. Dry bulk also increased by 10% to

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Carney announces first “nation-building” projects for fast-tracking

Prime Minister Mark Carney today announced from Edmonton the first series of projects being referred to the newly-created Major Projects Office for consideration, including federal support for the Port of Montreal’s $1.5 billion Contrecoeur container terminal project and expanding LNG production in British Columbia. The MPO will help to identify projects that are in Canada’s

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World Shipping Council urges stronger safety measures in cargo inspections

The World Shipping Council (WSC) released a new report summarising deficiencies found in government cargo inspection programmes, reviving a vital data series that the International Maritime Organization (IMO) discontinued last year.  The 2024 report shows that 11.39% of inspected cargo shipments were found to have deficiencies, up slightly from the IMO’s final 2023 figure of

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Global Container Terminals appoints Jane O’Hagan as new Chair of the Board

Vancouver – Global Container Terminals Inc. (GCT) today announced that Jane O’Hagan has been appointed Chair of the Board, effective September 2025. Ms. O’Hagan has served as an independent director on the GCT Board since August 2023 and brings more than 20 years of senior executive and board experience in the transportation and logistics sectors. Ms.

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NRF underlines bleak trade outlook for U.S. container ports amid rising tariffs

Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year amid rising tariffs, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We have seen the implementation of reciprocal tariffs across the globe,

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Globalisation slowdown heralds “brave new world” for marine insurance

Opening this year’s International Union of Marine Insurance (IUMI) conference in Singapore, IUMI President Frédéric Denèfle warned that marine insurers are facing significant change as the world approaches the end of an era of seamless globalisation. Mr. Denèfle reflected on the deepening shifts in global trade — a theme he has raised in previous IUMI

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Montreal Port Authority and DP World sign development agreement for Contrecœur project

As part of the Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and DP World in Canada (a joint venture between DP World and La Caisse) have entered into a Joint Development Agreement for the design of the land-based works of the future container terminal scheduled for completion in 2030, the MPA announced today. The

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Newfoundland energy developer unveils $15 billion project to export LNG to Europe

St. John’s-based Fermeuse Energy Ltd. has unveiled plans to lead the development of a liquefaction hub at the Fermeuse Marine supply base located on the eastern sector of the Avalon Peninsula. Fermeuse Energy Limited will deploy advanced LNG technology to help unlock the province’s 9.7 Tcf (trillion cubic feet) of offshore associated gas reserves in

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