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Kansas City Southern opts in favour of “superior” CP merger deal

Adding a new chapter in a continental railway power struggle full of twists and turns, the Board of Directors of Kansas City Southern announced on Sunday that CP’s revised proposal is “superior” to an existing rival merger agreement with Canadian National Railway. KCS has notified CN that it intends to terminate KCS’s current merger agreement […]

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Seafarers awarded pay increase of 4.5% in 2022-2023

Over the next two years, seafarers working aboard more than 9,000 flag-of-convenience vessels will be receiving a pay increase of 4.5%, the International Transport Workers’ Federation(ITF) announced after a deal with maritime employers was struck with employers represented by the Joint Negotiating Group (JNG). The agreement recognized the enormous sacrifices of seafarers during the pandemic

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Federal agency announces environmental assessment of Trois-Rivières port expansion project

The Impact Assessment Agency of Canada (the Agency) announced it is conducting a federal environmental assessment for the proposed Trois-Rivières Port Facilities Expansion Project. The public and Indigenous peoples are invited to comment on the potential environmental effects of the project and the proposed measures to prevent or mitigate those effects as described in the proponent’s summary of

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CMA CGM signs multi-year deal for Abu Dhabi container hub

Abu Dhabi, UAE – Abu Dhabi Ports, the region’s premier facilitator of logistics, industry, and trade, and France-based CMA CGM Group, a world leader in shipping and logistics today announced the signing of a 35-year concession agreement. Under the terms of the agreement, a new terminal will be established in Khalifa Port, the first semi-automated

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Launching of world’s first IMO-type B Very Large Ethane Carrier

SHANGHAI – The world’s first IMO Type B Very Large Ethane Carrier (VLEC), the ABS-Classed Pacific Ineos Belstaff, has been launched at Jiangnan Shipyard. The first of an order of four of the largest VLECs ever commissioned, the 99,000 cbm dual-fuel vessel is designed for long-haul ethane transportation but can also handle other liquified gas cargoes

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Maersk and CP open Pacific Transload Express facility

Vancouver – Maersk and Canadian Pacific (CP) opened on September 9 the new 117,000 square foot, 103 door Pacific Transload Express facility designed to make Asia/Pacific Northwest (PNW) supply chains more resilient, flexible and cost-effective.  The ability to transload international containers into domestic 53-foot trailers enables customers to achieve overall cost savings (per cubic metre) for

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NYK and Orca AI partner on safety research for autonomous vessels

Nippon Yusen Kabushiki Kaisha (NYK) and MTI Co. Ltd. (MTI) have installed Orca AI’s Automatic Ship Target Recognition System onto an NYK Group ship for research on the future of autonomous operations within the maritime industry. The success of the trial will take all companies one step closer to the creation of an autonomous cargo

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