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Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade Update by UN Trade and Development (UNCTAD). This $1 trillion increase, reflecting 3.3% annual growth, highlights resilience in global trade despite persistent challenges. Robust growth in services trade, up 7% for the year, accounted for half of the expansion, […]

Vancouver –  Seaspan Energy (Seaspan) has successfully completed its first LNG ship-to-ship transfer to a containership in the Port of Long Beach. This operation marks the beginning of Seaspan’s service offering on the West Coast of North America with two LNG bunkering vessels to soon serve both the Long Beach and Vancouver markets. “Our first

Thorold, ON –  Savage, a global provider of supply chain infrastructure and solutions, is opening its new state-of-the-art Savage Niagara Transload facility at BMI Group subsidiary Bioveld Canada’s Thorold Multimodal Hub in Ontario. This latest addition to the Savage Transload Network will enhance logistics and transportation options for businesses in the Niagara region, the Greater Toronto Area, and Western New York state, Ohio

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2024 Supply Chain Intelligence Report: Escalating Challenges for Global Supply Chain Leaders survey, which examined the most significant global trade challenges facing logistics and supply chain leaders today.  The survey results came on the heels of President-elect Donald Trump’s announced threat

 DP World, a global leader in logistics and supply chain solutions, and Port Saint John have welcomed two of the largest cranes ever deployed at the port. The cranes will enhance the port’s container handling capacity and increase operational efficiency, strengthening the region’s role in global trade and positioning Saint John as a key Atlantic gateway. The

The Port of Sept-Îles (PSI) announces that it was awarded the prize for ‘Best Dry Bulk Port 2024’ on November 25 at an International Bulk Journal (IBJ) ceremony in Antwerp, Belgium. Before more than five hundred stakeholders from the global maritime industry, PSI’s bid was singled out from among nominations from major ports in the

Cornwall, ON – The St. Lawrence Seaway Management Corporation (SLSMC) has announced an investment of over $350 million in infrastructure upgrades over the next three years. This investment will ensure the Seaway’s continued reliability and efficiency, while creating jobs and strengthening local communities. Spanning from April 1, 2024, to March 31, 2027, the investments include

Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of green methanol per year. The green methanol will consist of a blend of bio- and e-methanol, ensuring greenhouse gas (GHG) emissions reduction of at least 70 percent, and comply

Port of Hamburg Beteiligungsgesellschaft SE, a subsidiary of the MSC Group, has announced the successful completion of its voluntary public tender offer for shares in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA). It marks the establishment of a strategic joint venture between the company and the City of Hamburg regarding HHLA. All the required conditions for

OTTAWA – Johannes Lampe, President of Nunatsiavut, Pita Aatami, President of Makivvik, and the Honourable Steven Guilbeault, Minister of Environment and Climate Change and Minister responsible for Parks Canada, have announced the signing of a Memorandum of Understanding to begin negotiations to create a new Inuit Protected Area/national marine conservation area in northern Labrador. This announcement follows