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As of the end of June, 12.2 million metric tonnes of cargo had moved on the St. Lawrence Seaway this year, demonstrating the resilience, predictability and sustainability of the binational system. “The Seaway continues to demonstrate resilience,” said Jim Athanasiou, new President and CEO of the St. Lawrence Seaway Management Corporation. “This consistent performance underscores […]

According to a survey of transportation professionals spearheaded by global law firm Reed Smith, nearly half the respondents expect it will take more than 15 years for the sector to be powered by 100% sustainable fuel sources, with LNG the most likely transition fuel over the next three to five years. This was the central

According to the Drewry shipping consultancy, the growing project cargo demand outlook could spur further orders for multipurpose vessels.                                                  Drewry added more vessels to its theoretical MPV orderbook to balance other elements in its model. “These additional vessels do not yet exist; however, it is our expectation that the growing demand outlook will incentivise further

The Suez Canal Authority has announced a revenue decline of about $2 billion year-over-year due to the disrupted traffic impact of Houthi attacks in the Red Sea.  In FY 2023/24, the SCA’s revenue dropped to $7.2 billion from $9.4 billion the prior year, a drop of about 23 percent. Over the same period, total tonnage

The total cargo handled at the Port of Antwerp-Bruges has been reported at 143.2 million tonnes in the first six months of this year, an increase of 3% compared to the same period last year. The upward trend, which started in the first quarter driven by ​ increased demand for container transport, is now extending

The Port of Québec announced that it has once again ranked among the leaders of the Green Alliance. This recognition testifies to the Port’s efforts to improve its environmental performance and commitment to sustainable development are unwavering. The Green Alliance is a voluntary environmental certification program aimed at improving the North American maritime industry’s environmental

Antwerp – Representatives from Ports of Indiana and Port of Antwerp-Bruges met in Antwerp today to sign a Memorandum of Understanding (MOU) to advance key economic and environmental port initiatives. The landmark agreement formalizes a plan to work together to advance economic development, container shipping, decarbonization, port security and technology integration. The delegations included Jody

The leader of the International Longshoremen’s Association says the threat of a strike at all Atlantic and Gulf Coast Ports is becoming more likely as time is growing short before the current contract expires in 80 days, on September 30, 2024. Harold J. Daggett, ILA President and the union’s Chief Negotiator, said that the employers

St/ Catharines, ON – The Parliamentary Secretary to the Minister of Transport and Member of Parliament for Niagara Centre, Vance Badawey, on behalf of the Minister of Transport, Pablo Rodriguez, today announced $1.7 million for 14 projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration stream. This funding will: help spur the launch of