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  From Constanta, Romania, the Leopold Oldendorff became the first ship of the year, arriving at 5.15pm on 2 January 2024 and mooring at the Rio Tinto Iron Ore Company dock a few hours later. It was at around 2pm the following day that the prestigious cane with its stylised knob combining aluminium and iron […]

  Minister of Transport Pablo Rodriguez has announced an investment of up to $74.3 million under the National Trade Corridors Fund for capacity expansion at the Vancouver International Airport. This will equip the airport to handle more cargo, as well as improve its facilities and efficiency, and reduce pollution. This project will enable the movement of larger aircraft between

  The latest statistics from DNV’s Alternative Fuels Insight (AFI) platform found that a total of 298 ships with alternative fuel propulsion were ordered in 2023 – an 8% increase year on year. The year also saw methanol go mainstream, with a sharp increase in orders (138), thereby overtaking LNG (130). Additionally, 2023 marked a

  Parliamentary Secretary to the Minister of Employment, Workforce Development and Official Languages, and Member of Parliament for Windsor-Tecumseh, Irek Kusmierczyk, on behalf of the Minister of Transport, Pablo Rodriguez, today announced an investment of up to $26.3 million under the National Trade Corridors Fund for the Archer Daniels Midland Company (ADM) Grain Terminal Expansion

  The global container shipping industry faces a critical couple of weeks amidst continuing attacks on merchant vessels in the Red Sea by Yemen-based Houthis and substantial carrier re-routings to avoid the Suez Canal prior to the Chinese New Year period starting on February 10. Philip Damas, head of Drewry Supply Chain Advisors, says the

  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