Indexnow

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, surged 9% to $4,530 per 40ft container due to rate increases on the Transpacific and Asia–Europe trade routes. Meanwhile, the Intra-Asia Container Index (IACI) decreased 4% to $1,035 per 40ft container. This marks the second consecutive fall in the index, suggesting that the early peak-season volume […]

Vancouver – The world is changing rapidly. In response, Canada is focused on what we can control: building a stronger, more independent, and more sustainable economy. To that end, Canada’s new government is working with provinces, territories, and Indigenous partners to build major projects that diversify our exports, create thousands of new high-paying careers, and

International Chamber of Shipping (ICS) Publications launches the sixth edition of Shipping and the Environment: A Guide to Environmental Compliance, offering an expanded and accessible overview of how shipping relates to environmental protection and global regulation. Developed for a broad audience, including shipping companies, seafarers, policymakers, and those new to the maritime sector, the guide provides a

The Honourable Joël Lightbound, Minister of Government Transformation, Public Works and Procurement and Québec Lieutenant, today announced that the Government of Canada has awarded an approximately $74.7-million contract to Ocean Pacific Marine (OPM) Supply Ltd. and Camarc Design Ltd. in joint venture, for the construction of three new coastal patrol vessels for the Royal Canadian

Amsterdam-based Arcadis has been awarded a design contract by Public Services and Procurement Canada and Transport Canada, following a competitive process, to serve as the prime consultant for the Digby Ferry Terminal in Nova Scotia. As the prime consultant, Arcadis will be responsible for leading the architecture, interior design, landscape architecture, and engineering required for

Following this year’s International Day of the Seafarer, maritime organizations across Canada are reflecting on the vital role seafarers play in keeping global trade and supply chains moving, reports The Chamber of Marine Commerce.  The annual observance, recognized globally on June 25, provides an opportunity to celebrate the vital contributions of seafarers while raising awareness of the challenges they often face working far from home.

As Canada sets its sights on doubling exports beyond the United States, a logistical reality cannot be ignored: to compete on the world stage, we cannot limit ourselves to rethinking our land-based infrastructure. Canada’s commercial merchant fleet must be recognized and supported for what it is: a critical and indispensable piece of transportation infrastructure. Canada

Houston – Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, has taken delivery of Acadia, a cutting-edge Jones Act-compliant subsea rock installation vessel, from Hanwha Philly Shipyard in Philadelphia, Pennsylvania. The delivery of Acadia marks a significant milestone in Great Lakes’ strategic expansion into the offshore energy sector and reinforces

CSL has released its 2025 Corporate Sustainability Report, highlighting continued progress in environmental performance and responsible operations across its global business. “Sustainability is fundamental to how we operate, how we create value for our customers, and how we define success,” said Louis Martel, CSL President and CEO. “Our focus remains clear: protecting the wellbeing of our

Port Saint John released its 2025 Annual Report, Foundation Forged: From Investment to Impact, at its Annual General Meeting today, highlighting the completion of major infrastructure investments, a record year for containers and cruise, and the continued strength of its diversified cargo base.  In 2025, the Port handled 239,364 TEUs of container cargo, a 29.4%