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Scheduled heavy fees on China-built ships calling at U.S. ports have sparked a significant drop in the market share of Chinese shipyards, reports BIMCO. “In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.  “Growing concerns over […]

North Vancouver, B.C. — Seaspan Vancouver Shipyards  has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at reestablishing a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. The memorandum provides a framework for the three companies to assess the feasibility of Algoma Steel

Tokyo-based ITOCHU Corporation has announced that it recently signed a shipbuilding contract for the construction of a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding Co., Ltd.  and an agreement regarding the construction of an ammonia tank plant that will be loaded onto the Vessel with Izumi Steel Works Ltd. The delivery target for the world’s

Driven by a 28% spike in grain shipments, total cargo transiting the St. Lawrence Seaway increased by 4.1% during the commercial navigation period to end June, reports the St. Lawrence Seaway Management Corporation. All grain shipments handled by the binational waterway since the late March start of the 2025 season amounted to 4.2 million tonnes

The Center for Biological Diversity, based in Tucson, Arizona, today sharply attacked a bill introduced by the Trump administration that would “decimate marine conservation efforts and put endangered whales at even greater risk.” The Center was referring to the House Appropriations Committee’s FY26 Commerce, Justice, Science, and Related Agencies spending bill, which it charged was laced with

According to the ICC International Maritime Bureau (IMB) Piracy Reporting Centre, there has been an alarming increase in armed robbery incidents in Singapore Strait, a vital maritime trade corridor. Globally speaking, there were 90 reported incidents in the first half of 2025, representing a 50% increase compared to the same period in 2024 and the

Under a major infrastructure investment, the Hamburg Port Authority has announced the Elbe approach to the Waltershofer Hafen is to be enhanced and additional terminal yards will be  created. Navigation towards the Container Terminals Buchardkai (CTB) and Container Terminal Hamburg (CTH) will be easier and faster. New land for terminal operations will create additional capacity

The Vancouver Fraser Port Authority announced it has started its search to find the best qualified team to progress construction planning and build the landmass and wharf component of the Roberts Bank Terminal 2 Project—a key milestone in advancing this nationally significant project. Roberts Bank Terminal 2, a future state-of-the-art marine terminal adding 2.4 million TEUs

According to the latest update from the Canadian Coast Guard, salvage crews have removed about 85% of the heavy fuel from the containership MSC Baltic III and transferred to other MSC vessels. The containership has been grounded since February 15 after losing power near Wild Cove, Newfoundland. Fuel removal operations remain a priority. Efforts are focused on

Davie, the Québec-based international shipbuilder and owner of Helsinki Shipyard, announced  an agreement to acquire Enersense Offshore Oy (Enersense Marine and Offshore Unit), specializing in steel and fabrication operations in Mäntyluoto, a port district of the city of Pori, Finland. By securing domestic steel production, Helsinki Shipyard will be Finland’s only specialized shipbuilder with fully