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  According to Niels Rasmussen, chief shipping analyst at BIMCO, this year will mark a new record in new containership deliveries. “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, beating the previous record from 2015 when 1.7 million TEUs were delivered,” he noted in his latest report. […]

  By Leo Ryan, Editor New York-based Blue Wolf Capital Partners LLC, a middle market private equity firm specializing in the industrial and healthcare sectors, today announced the appointment of marine industry veteran Sean Pierce as CEO of LOGISTEC Corporation, succeeding Madeleine Paquin, who indicated she has stepped down from her role as President and

  After first joining Maritime Magazine as Marketing and Business Development Director in 2003, I am delighted to have assumed the role of Publisher effective January 1, 2024, coinciding with the actual winter 2023-2024 edition. This bilingual (English and French) quarterly publication, approaching its third decade, has become recognized as Canada’s media outlet of record

  Montreal – LOGISTEC Corporation (TSX: LGT.A) (TSX: LGT.B) (“LOGISTEC” or the “Corporation”) today announced the completion of the previously-announced acquisition of LOGISTEC by 1443373 B.C. Unlimited Liability Company (the “Purchaser”), an entity owned by certain funds managed by Blue Wolf Capital Partners LLC, with preferred equity financing provided by Stonepeak, by way of a plan of arrangement under

  Lloyd’s Register (LR) has certified Nova Scotia recycling facility, R.J. MacIsaac Ltd. (RJMI), according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention). It is the first Canadian facility to be issued a Statement of Compliance (SoC) to the Convention, which is

  The Lowlands Hope is the first vessel to call the Port of Trois-Rivières in 2024. It docked at the Port on January 2 at 3:42 am, after a seventeen-day crossing of the Atlantic. The vessel, with its 21 crew members of Indian and Philippine nationalities, left the port of Sao Luis in Brasil on

  The Port of Virginia announced it is powering all its terminals with electricity from clean resources and accelerating its goal to becoming carbon-neutral by 2040. “Virginia is the first major US East Coast port to power its entire operation using 100 percent clean electricity,” said Stephen A. Edwards, CEO and executive director of the

  For the 189th consecutive year, the Port of Québec welcomes the first ocean-going vessel of the year hailing from a foreign port. Port President and CEO Mario Girard was on hand to present the prestigious Gold-Headed Cane to Greek Captain Pantelis Kaimakis who was at the Cap Corpus Christi’s command from the Gulf of Mexico

  Hamilton- For more than thirty-five years, the name “Heddle” has been synonymous with hard work, determination, perseverance and the “mettle” it takes to fix and build ships in Canada. It is important to respect and understand the past in order to ensure a successful future. On January 1st, 2024, Heddle Shipyards became Ontario Shipyards to reflect