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In an initiative denounced by a UN specialized agency, Vancouver-based The Metals Company (TMC) late last week announced it will seek approval from the United States to launch the world’s first deep-sea mine in an area of the Pacific Ocean between Hawaii and Mexico that is highly rich in minerals sought especially by manufacturers of […]

While the ocean economy doubled in real terms, from USD 1.3 trillion in 1995 to USD 2.6 trillion in 2020, co-ordinated policy action is essential to safeguard its long-term prosperity and sustainability, a new OECD report finds. The OECD Ocean Economy to 2050 identifies key priorities for policymakers to secure a resilient and sustainable future ocean economy,

Montreal – At an election campaign press conference today at the Port of Montreal, Prime Minister Mark Carney announced that, in the face of President Trump’s unjust tariffs, a Liberal-led government would implement a major plan to invest in trade enabling infrastructure, to diversify Canadian trade away from the United States, create new jobs and

Integrated logistics company A.P. Moller – Maersk (Maersk) has announced the appointment of Michelle Grose as the new Area Managing Director/President for Canada, effective April 1, 2025. She will be based out of Toronto. A native of the GTA (Great Toronto Area), Grose has more than 20 years of industry experience and has held influential

The Port of Saguenay on the St. Lawrence River has ordered a Konecranes Gottwald ESP.6B Mobile Harbor Crane for a new cargo handling system currently under development. Delivery is scheduled for Q3 2025.  The deal marks the start of a new partnership of the Finland-based company with the Saguenay Port Authority, which chose Konecranes for

Singapore –  In a first-of-a-kind move to improve seafarer well-being and tackle worsening labour shortages in the shipping industry, the Global Maritime Forum today launched new Sustainable Crewing Guidelines, nine concrete recommendations to improve life at sea. The guidelines aim to boost working conditions and alleviate the forecasted shortfall of 90,000 trained seafarers by 2026

Bollinger Shipyards has received a $951.6 million Fixed-Price-Incentive-Firm Target (FPIF) contract modification from the U.S. Coast Guard to continue the design and construction of the so-called Polar Security Cutter (PSC) – the first new heavy icebreaker to be built in 50 years in the United States. This milestone underscores Bollinger’s integral role in strengthening America’s

The Panama Canal Authority (PCA) has announced plans to launch dedicated transit slots for vessels with low carbon emissions. Beginning on October 5, a weekly transit slot will be reserved for neo-panamax ships that meet specific low-carbon emission requirements. Unlike previous announcements, this slot will not be offered through an auction but through a competition

Over the past year, Hapag Lloyd began renewing its fleet that operates between the Port of Montreal and Mediterranean ports. So far, a number of vessels have been replaced, modernizing the shipping service, the Montreal Port Authority announced. Last year, the Liverpool Express, the Detroit Express, the Dublin Express and the Livorno Express were replaced by the Mombasa Express, the Arica Express, the Dachan

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a Cooperation Agreement to further strengthen their efforts on the Rotterdam-Singapore Green and Digital Shipping Corridor. This follows the success of the corridor as a driving force of maritime decarbonisation and digitalisation since its inception in 2022. The two ports