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LOGISTEC, a leading North American marine and logistics services provider, is diversifying its cargo handling services in the Port of Baltimore, leveraging new technologies to respond to global market changes. BalTerm terminal will now operate as LOGISTEC. This aligns with the organization’s strategy to market its operations under one strong brand to serve North American […]

Costamare Bulkers Holdings Limited today announced a strategic cooperation agreement with Cargill International, a leading global bulk shipping service provider. Under the Agreement, the Company has agreed to: • Transfer to Cargill the majority of its trading book comprising of chartered-in vessels, cargo transportation commitments as well as derivative positions; Charter to Cargill four Supramax

The Port of Vancouver announced it moved record volumes of Canadian trade in the first six months of 2025, delivering vast quantities of made-in-Canada grain, energy and fertilizer exports to diverse world markets against a challenging geopolitical backdrop. The port’s mid-year cargo statistics show a 13% increase in cargo moved between January and June 2025,

Algoma Central Corporation today took delivery of the Algoma Legacy, the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels. With this addition, the Company will have an ownership interest in 100 vessels across its global fleet, a historic milestone that underscores its leadership in long-term growth in diversified short sea shipping markets. “This is

Guilford, CT— Domestic U.S. Great Lakes cruises are now available. In response to guest demand, American Cruise Lines has announced the debut of three Great Lakes itineraries for the 2026 cruise season. These brand-new cruises, sailing May through August 2026, will be operated aboard American Patriot, the newest small cruise ship in the country. “Guests

Global shipping, moving over 80% of the world’s merchandise trade, is entering a period of fragile growth, rising costs and mounting uncertainty, according to UN Trade and Development’s (UNCTAD) Review of Maritime Transport 2025, Staying the course in turbulent waters. After firm growth last year, seaborne trade is expected to stall in 2025, with volumes barely

The international shipping industry, which carries over 80% of global trade and uses more ocean space than any other sector, is stepping up action to protect the ocean. This year’s World Maritime Day, observed globally on September 25, focuses on the sector’s impact on the marine environment, and what it can do to reduce pollution,

Montreal – Canada’s Ocean Supercluster today announced the $6.3 million OCEANIC Digital Twin Maritime Autonomy Project led by Humanitas Solutions Inc. The OCEANIC Project is advancing an AI-powered digital twin platform that addresses the most pressing challenges in modern maritime operations—including ship navigation, fleet maintenance, and overall efficiency. By enabling a hyper-realistic simulation environment, the

The City of Sault Ste. Marie and the Hamilton Oshawa Port Authority (HOPA Ports) have announced a partnership to develop a transformative infrastructure initiative: the development of a multimodal port and trade corridor that will connect Northern Ontario to Southern Ontario and export destinations beyond. Anchored by a newly developed port in Sault Ste. Marie,

The global economy was more resilient than anticipated in the first half of 2025, but downside risks loom large as higher barriers to trade and geopolitical and policy uncertainty continue to weigh on activity in many economies. The latest OECD Interim Economic Outlook projects global growth slowing from 3.3% in 2024 to 3.2% in 2025 and 2.9%