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Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade dynamics, escalating geopolitical tensions, and a dramatic surge in Canadian crude exports to Asia. The new assessments are also designed to strengthen the Baltic’s position as the leading provider of freight benchmarks and reflect the […]

By Julie Gedeon The CMA CGM Group, a global player in sea, land, air, and logistics solutions, today announced it has signed a letter of intent for six state-of-the-art LNG-powered containerships to be built at Cochin Shipyard Limited (CSL), India. This strategic move makes the Group the first major foreign carrier to commission LNG vessels

By Julie Gedeon Ottawa – The second annual Imagine Marine conference, held on Oct. 7th and 8th in Ottawa, was sold out with 180 delegates from the industry, government, educational institutions, sailing programs and recruiting/training organizations keen to advance maritime workforce development. “We’re now pushing for a national maritime skills strategy that is supported by

Secretary-General Arsenio Dominguez today delivered opening remarks at IMO headquarters in London, as the Marine Environment Protection Committee (MEPC) met to discuss until Friday the adoption of global regulations to reduce greenhouse gas emissions from international shipping. The meeting was taking place after the Trump Administration’s weaponization of trade and shipping had reached an unprecedented

Grain shipments through the Port of Thunder Bay remained strong in September, with year-to-date volumes tracking approximately 11% higher than the same period in 2024 — an increase of roughly 500,000 metric tonnes. Grain continues to lead Port activity, supported by global demand and carryover from the 2024 Prairie harvest. Overall cargo volumes are also

On the same day – October 14 – that U.S. Trade Representative fees are to be levied on Chinese-owned or operated vessels calling at American ports, China intends to impose almost identical fees on all ships built in the United States or flying the US flag. Such shipping lines would be subjected to a per

North Vancouver, BC – U.S. President Donald J. Trump announced on October 9 that Bollinger Shipyards, in partnership with Rauma Marine Constructions (Rauma), Seaspan Shipyards (Seaspan), and Aker Arctic Technology Inc. (Aker Arctic), has been selected for the design and construction of six Arctic Security Cutters (ASC). The Bollinger-led team will leverage the mature and

Constructeurs Terminal de Contrecœur Grands Projets (CTCGP), a consortium composed of Pomerleau and Aecon, has announced the new phase of work on the Port of Montreal expansion project in Contrecœur by the Montreal Port Authority (MPA). Pomerleau is excited to contribute to a project that is highly strategic for the country. Work will begin gradually

The Chamber of Marine Commerce (CMC) board of directors has selected Joshua H. Juel to serve as the CMC’s next President and Chief Executive Officer, effective November 1, 2025. Mr. Juel brings to the role more than twenty years of experience in regulatory affairs and operations involving the marine industry in both Canada and the

When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect on October 15, 35% of ships in the combined bulk, crude tanker, product tanker and container fleet could be subject to additional fees when calling a US port, according to Niels Rasmussen, Chief