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With just two weeks left to the 2021 season, the St. Lawrence Seaway and Canadian ports are reporting a rush of activity as manufacturers stockpile raw materials and businesses take advantage of the congestion-free waterway to export overseas. According to the latest figures from the St. Lawrence Seaway, general cargo shipments, including steel, aluminum, and oversized […]

Six of the world’s leading marine insurers launched a groundbreaking initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.  The Poseidon Principles for Marine Insurance are a framework to quantitatively assess and disclose the climate  alignment of marine insurers’ underwriting portfolios. This pioneering initiative makes marine insurance the first  line

The Port of Long Beach is on the verge of processing more than 9 million cargo containers by the end of 2021 as efforts continue to make room for imports and deliver holiday goods as quickly as possible. Dockworkers and terminal operators have moved more than 8.6 million twenty-foot equivalent units through November, already surpassing

Canadian Pacific Railway Limited today announced the completion of its acquisition of Kansas City Southern. The transaction represents an enterprise value of approximately US$31 billion. KCS stockholders will receive 2.884 CP common shares and US$90 in cash for each share of KCS common stock held and US$37.50 in cash for each share of KCS preferred

Brussels – Shippers and carriers met yesterday to talk about the causes and effects of recent supply chain disruption coinciding with the COVID 19 pandemic. The meeting brought together a broad representation of members from the European Shippers Council (ECS) and the World Shipping Council (WSC) and the Secretariat of the European Community Shipowners’ Associations

Davie Shipbuilding has announced the appointment of Denis Boucher as Vice President Public Affairs and Strategic Relationships, with a primary focus on Québec. Mr Boucher will join the Davie executive team and lead government and public affairs with a strong focus on developing key relationships and partnerships to support Davie’s strategic priorities and long-term vision.

This month MSC Group and Mercy Ships are celebrating a unique ten-year partnership focused on bringing hope and healing in Africa. Mercy Ships is an international charity that uses hospital ships to provide free healthcare services and medical capacity building for poor and underserved communities without easy access to medical facilities, providing lifesaving and life-changing

  KOTUG Canada Inc., a partnership between KOTUG International B.V. and Canada’s Horizon Maritime Inc., has been awarded a long-term agreement with Trans Mountain, operator of Canada’s only oil pipeline servicing the west coast of Canada providing tidewater access to foreign markets for Canada’s petroleum resources. KOTUG Canada will provide escort towage to tankers loaded at