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 […]
Banner year in 2025 for Port Saint John container operations Read More »
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
Low ship recycling activity threatens global tanker market strength Read More »
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
The Drewry World Container Index (WCI) fell 1% to $1,899 per 40ft container for the seventh consecutive week due to a decrease in rates on the Transpacific and Asia–Europe trade routes. Spot rates on Asia–Europe trade routes continued to decline, with rates on Shanghai–Rotterdam falling 1% to $2,094 per 40ft container and those on Shanghai–Genoa
Spot world container rates drop for 7th consecutive week Read More »
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
Port of Halifax reports total cargo decline in 2025 Read More »
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.
Fastfrate expands global supply chain capabilities with acquisition of Omnitrans Read More »
Arctic Gateway Group (AGG) has partnered with Canadian shipping company Fednav to examine the operational requirements that would be necessary to support year-round shipping from the Port of Churchill. The work for this review is underway and is expected to be completed this summer, AGG indicated in a press release from Winnipeg. Fednav’s work with
The 2012 Cape Town Agreement has met the requirements for entry into force and will enter into force in February 2027, closing a longstanding gap in the global maritime safety framework. Argentina’s accession triggered its entry into force in 12 months. The Agreement sets out mandatory safety standards for more than 45,000 fishing vessels of 24 metres in
Global treaty on fishing vessel safety to enter into force in 2027 Read More »
In 2025, the Port of Trois-Rivières handled 2.6 million metric tonnes (MMT) of cargo, supporting both regional and international trade flows. Traffic consisted of 1.9 MMT of dry bulk, 198,200 tonnes of liquid bulk, and 485,000 tonnes of general cargo. The decrease observed this year was anticipated and is directly related to major infrastructure projects
Port of Trois-Rivières reports 2.6MT of cargo handled in 2025 Read More »