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 […]
Current trends confirm container cargo decline at Port of Halifax Read More »
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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With 32 operations scheduled over the next two months, the peak cruise season promises to be particularly intense and beneficial for Montreal.. A total of nearly 70 000 passengers and crew members are expected in Montréal by the end of October, an increase of more than 40% compared to 2022, which testifies to the
Strong 2023 cruise season underway at Port of Montreal Read More »
South Korean shipbuilder Hyundai Samho Heavy Industries has taken the use of artificial intelligence in shipping another step forward by delivering the world’s first ship equipped with an AI-based engine automation system. The vessel is a 180,000-ton, LNG-powered bulk carrier delivered to H-Line. “With the commercialization of this engine automation solution, we are one
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The Department of Commerce and the National Oceanic and Atmospheric Administration (NOAA) announced the availability of up to $28 million across two funding opportunities to address marine debris throughout the coastal U.S., Great Lakes, territories and Freely Associated States. These two Fiscal Year 2024 funding opportunities are part of NOAA’s Climate-Ready Coasts initiative under
NOAA allocates $28 million to address marine debris in U.S. waters Read More »
The Port of Halifax hosted a shoreside celebration to honour the 150th Anniversary of Holland America Line and 30 years of Holland America Line cruise ship calls at the Port of Halifax. A welcome celebration yesterday featured ceremonial drumming by the Mi’kmaw Native Friendship Centre and traditional piping courtesy of the Halifax Citadel Society. Following that,
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After two very profitable years for the global container shipping lines, the market has shifted dramatically downwards, according to the latest report by Sea-Intelligence. While the fourth quarter of 2022 gave a first glimpse of what was transpiring, the first quarter of 2023 was the first quarter where the carriers’ operating profits took a
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Global goods trade showed signs of a turnaround in the second quarter of 2023, driven by strong automobile production and sales, but further upward momentum in Q3 and beyond may be limited as long as export orders remain weak, according to the latest Goods Trade Barometer issued by the World Trade Organization (WTO) in
WTO sees turnaround in global trade in goods Read More »
By Michael Grey* It represents one of the “least sustainable ways of going on holiday”, whimpered some “expert” of an unidentified discipline (probably either a climate scientist or a freelance consultant specialising in the promotion of mandatory misery). In case you haven’t guessed, it is, of course, cruising and the peak of the season in
On our Forum: The mounting ‘co-habitation’ challenges of cruise ship visits Read More »
Illinois-based STG Logistics announced that it will expand its intermodal network by providing service into and out of the following Canadian markets: Vancouver, Calgary, Edmonton, Winnipeg, Moncton, and Halifax. These additions will complement the company’s current Canadian services in the Toronto and Montreal markets. STG Logistics will utilize its fleet of 15,000 GPS equipped
STG Logistics expands its intermodal network in Canada Read More »