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The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams,  decreased 3% to $4,255 per 40ft container, driven by a decline in rates on Asia–Europe and Transpacific trade routes. On the Transpacific trade route, spot rates from Shanghai to Los Angeles declined 2% to $5,739 per 40ft container, while rates from Shanghai […]

The Port of Cleveland and Milo Harbour Inc. have signed a Memorandum of Understanding (MOU) to initiate a new cross-lake truck ferry service between Northeast Ohio and Southern Ontario. Expected to launch in early 2028, the service will create a direct maritime cargo connection across Lake Erie, providing manufacturers, shippers, trucking companies, and logistics partners

North Vancouver – Seaspan Energy announced today it has completed its 150th ship-to-ship LNG bunkering less than two years after launching operations and is now ranked seventh globally by LNG bunkering volume, according to the latest LANSDOWNE Moritz rankings.   Since completing its first ship-to-ship LNG bunkering at the Port of Long Beach in December 2024, Seaspan Energy has

The Secretary General of the International Chamber of Shipping, Thomas A. Kazakos, has issued a statement deploring the unacceptable dangers facing “seafarers who make global trade possible.” “Today marks five months since the escalation of conflict in the Middle East, “ he stated Tuesday. “Meanwhile, in the Black Sea we are seeing an alarming rise

CSL has announced the delivery of MV Wontanara, the first of five state-of-the-art transhipment shuttle vessels (TSVs) commissioned to service the Simandou iron ore project in Guinea, one of the world’s largest mining and infrastructure developments. Designed by CSL and built at CSSC Chengxi Shipyard, this groundbreaking fleet of TSVs combines a 41,800-tonne deadweight capacity with

French logistics and shipping giant CMA CGM Group and infrastructure investment firm  Stonepeak today announced the completion of the formation of UNITED PORTS LLC, following receipt of all required regulatory approvals. The joint venture assembles a large portfolio of container terminals in the United States, Europe, Asia and South America. In accordance with the agreement

Hike Metal Products Limited, headquartered in Wheatley, Ontario has signed a Technology Licensing Agreement with UK-based HydroSurv. The partnership will see Hike Metal manufacture, market and support HydroSurv’s entire portfolio of Uncrewed Surface Vessel (USV) platforms across Canada and the United States. The agreement marks another step in HydroSurv’s international deployment of commercially proven Rapid Environmental

The first round of the Roberts Bank Terminal 2 community investment program was launched Monday by the Vancouver Fraser Port Authority, with Delta organizations invited to apply for funding to support initiatives that create lasting local benefits or strengthen conservation efforts.    The first intake for the community investment program comes as momentum continues to

Washington — The U.S. Environmental Protection Agency transmitted two additional California waivers to Congress, including the Ocean-Going Vessels At Berth and Commercial Harbor Craft waivers. For 50 years, the precedent set under both Democratic and Republican administrations is that Clean Air Act waivers are not rules and are therefore not subject  to review under the Congressional Review

Bharat Forge Limited, through its Aerospace Division, has signed a Memorandum of Understanding (MoU) with FLYING WHALES, a French-Canadian global pioneer in heavy-lift airship technology, to jointly develop, manufacture and field advanced airships for India’s defence and strategic operational requirements. The MoU was signed last week by Guru Biswal, CEO Aerospace, Bharat Forge Limited, and