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CMCF and Canadian Geographic Education announce Marine Month in Canada in October

  The Canadian Marine Careers Foundation, in partnership with Canadian Geographic Education, proudly announces the launch of Marine Month in Canada, a ground-breaking initiative designed to illuminate the boundless career pathways within Canada’s marine sector. Throughout October 2023, this month-long celebration will immerse youth in marine education, awareness, and career pathways as students connect directly […]

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Construction contract for stage 3 of Randle Reef remediation project in Hamilton Harbour

  Hamilton, ON – Randle Reef partners have announced the award of a construction contract to start Stage 3 of the Randle Reef Contaminated Sediment Remediation Project. The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario, on behalf of the Minister of Public Services and Procurement, and the Minister

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Report underlines growing gap in vessels to support offshore energy industry

  A new market analysis from New York-based Intelatus Global Partners highlights the shortage of suitable vessels to support the offshore energy industry, especially the needs of the emerging floating offshore wind sector. Intelatus estimates that capital expenditure within this sector will require more than $250 billion by 2035. But the build out could be

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Lantic Sugar investing $200m on plant expansion at Port of Montreal

  Lantic Sugar, which has a plant on Notre-Dame Street East on Port of Montreal territory, has announced a vast expansion and modernization project. At a total investment of $200 million, this overhaul will make it possible for the company to increase its handling and refining capacity by 20% while optimizing its logistics and rail infrastructures.

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IUMI releases ‘Best practices and recommendations’ for safe maritime transport of electric vehicles

  There are growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of these fires are attributable to electric vehicles. In response, the International Union of Marine Insurance (IUMI) has researched these claims and published recommendations on the safe carriage of

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Container freight rates plunge by more than 60% in a year

  Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August, meaning prices have now dropped 62.7% since this time last year. The world’s busiest routes – exports from

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U.S. West Coast dockworkers ratify new collective agreement

  More than one year of uncertainty has ended at U.S. West Coast ports with the ratification by some 20,000 dockworkers belonging to the International Longshore and Warehouse Union (ILWU) of a tentative contract reached in June with port employers represented by the Pacific Maritime Association (PMA). This follows an agreement reached In early August

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Current trends confirm container cargo decline at Port of Halifax

  Just released statistics confirm a present downward trend of containerized cargo at the Port of Halifax, with Q2 2023 throughput of 137,774 TEUs representing a decline of 12% from a year earlier. “It’s the result of overall weakness in the global economy and is consistent with what is happening with ports and supply chains across

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Ambitious master plan to transform Saudi Arabia into global logistics hub

  Crown Prince Mohammed bin Salman has unveiled a master plan for logistics centers to enhance Saudi Arabia’s position as a leading investment destination and transform it into a global logistics hub. Part of the National Transport and Logistics Strategy (NTLS), the ambitious blueprint seeks to capitalize on the Kingdom’s geographical location connecting three major

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