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ST. CATHARINES, Ontario Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced it has entered into a definitive agreement to acquire Mainstay Maritime Inc.’s (“Mainstay”) three Canadian operating companies and associated fleet of six Canadian-flagged vessels. Mainstay, formerly Rand Logistics, Inc., operates one of the largest […]

Throughput in the port of Rotterdam fell by 1.7% in 2025 to 428.4 million tons., Europe’s largest port reported. The largest decline of 6.5% occurred in the dry bulk segment. The liquid bulk segment saw a decline of 1.5%. Container throughput showed growth of 3.1% in TEU, reaching 14.2 million TEU. In terms of tonnage,

In a year that saw the completion of $247M in transformational infrastructure investments at its west side container terminal, Port Saint John is recording 2025 as a banner year for container operations at the growing global gateway. Container volumes increased by 29.4% between 2024 and 2025, rising from 184,879 TEUs to 239,364 TEUs. Compared to

Niels Rasmussen, Chief Shipping Analyst at BIMCO, forecasts “continued strong market conditions for crude tankers in 2026 and 2027 despite some weakening in 2027. On the other hand, we forecast that the product tanker market will weaken during both years as fleet and supply growth accelerates.” According to the International Energy Agency, global oil demand

The leadership team behind the formation of Greenland Energy Company (“Greenland”) announced that a strategic logistics agreement has been concluded with Desgagnés, a leading Canadian maritime industry enterprise based in Quebec City, to support the transportation of cargo for upcoming drilling operations in the Jameson Land Basin with coordination from and approval by Royal Arctic

A clear and supportive legislative framework is critical to enabling Onboard Carbon Capture and Storage (OCCS) and unlocking timely investment across the ship and LCO₂ offloading value chain, according to a DNV report commissioned by five leading shipping companies. The shipping companies involved – CMA CGM, Evergreen, Hapag-Lloyd, Maersk and MSC – see OCCS as

The Port of Halifax has released annual statistics which show a 10.4% decline in total traffic and a marginal drop in container cargo in 2025. Global geopolitical pressures, shipping alliance shifts and economic uncertainties have continued to impact results, the port said in a press release. Total throughput amounted to 8.6 million metric tons versus

Toronto – Fastfrate Group, one of Canada’s largest privately held transportation and supply chain providers, today announced it has entered into a definitive agreement to acquire Omnitrans Inc., a leading Canadian international freight forwarding and customs brokerage firm headquartered in Montreal.  The deal includes 100% ownership of Omnitrans Inc. including their subsidiaries, Metro Customs Brokers Inc.