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Panama Canal introduces simplified toll structure

  The Panama Canal Authority (ACP) has announced details of a new simplified toll structure which reduces the number of tariffs from 430 to under 60.    “The proposal aims to strengthen the tolls structure in a way that is consistent with the value provided by the Canal transit service while providing greater visibility and predictability to […]

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The world’s first zero-emission fast ferry is ready for operation

MS Medstraum, the world’s first fully electric and zero-emission fast ferry, classed as a high-speed craft, has embarked on the journey from Fjellstrand shipyard to its new home port, Stavanger. The vessel has been built using unique modular manufacturing methods at the Norwegian shipyard, Fjellstrand. Modularisation helps cut both production costs and engineering costs and

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Ottawa funding study on permafrost conditions along Hudson Bay Railway

Canada’s federal government has announced $4.4 million in funding, under the National Trade Corridors Fund, for a study to understand the current and future conditions of permafrost along the Hudson Bay Railway corridor – a decision welcomed by the Arctic Gateway Group. The railway represents a vital link for people and cargo in the port/city of

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Canada signs All-Atlantic Ocean Research and Innovation Alliance Declaration

Ottawa -The Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard, Mike Kelloway, on behalf of the Honourable Joyce Murray, joined representatives from Argentina, Brazil, Cabo Verde, Morocco, South Africa, the European Union and the United States to sign the All-Atlantic Ocean Research and Innovation Alliance (AAORIA) Declaration, confirming Canada’s commitment to advancing cooperative ocean science. Together with its domestic and

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ITF calls for greater regulation of global maritime transport

According to a report released by the International Transport Forum, an independent body within the Organization for Economic Cooperation and Development (OECD), government regulators must extend their reach much deeper into container shipping to ensure fair competition. “Governments should build up their capacity to monitor competition in maritime transport,” said in a 2022 report entitled

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Hapag Lloyd and DHL Global Forwarding sign accord on use of advanced biofuels

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. As an initial step, Hapag-Lloyd will ship 18,000 TEU of DHL’s volume using advanced biofuels, which is equivalent to a reduction of 14,000

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