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  According to Moody’s Investor Service, container shipping rates will remain at record levels for the rest of this year and into 2022. Global demand is significantly outpacing capacity in an environment that will further increase carrier profits. “We expect financial performance to be even better in 2021 than it was in 2020,” the ratings […]

  By Leo Ryan, Editor Canada’s federal government has delivered a clear rejection of the Port of Québec‘s ambition to launch a second container gateway on the St. Lawrence River complementing Montreal, affirming that the Laurentia project does not meet the standards of economic development that fully respect the environment. This decision Tuesday by the

  Costs are rising in the crewing sector and crew shortages are beginning to be seen as Covid-19 travel restrictions and vaccination delays impact on the availability of trained seafarers, warns Danica Crewing Services. Noting recent changes in the availability of crew members, Henrik Jensen, Danica Managing Director, said that the Eastern European crewing market

  Civilians flee the conflict in northern Mozambique where increasing violence makes safe crew change impossible. Photo ITF Ship owners should stop attempting to perform crew changes in northern Mozambique while seafarers are at risk of attack or kidnapping by violent terrorist groups operating in the region. The International Transport Workers’ Federation (ITF) supports the

  As tweeted earlier, Theodore TOO arrived with the tide this morning and is spending the day at the Port of Quebec. It’s a shame they weren’t able to put him somewhere else to take a break. Docked in the middle of a construction site, it is really not accessible to the population, especially since

  The Association of Canadian Port Authorities (ACPA) has urged the federal government to rescind the existing interim cruise ban until Feb. 22,2022 by December 31, 2021, in light of strong progress in COVID-19 vaccinations and of recent initiatives taken by the United States to bypass the Canadian market.  In a letter addressed to Transport

  Theodore TOO left Rimouski at 4:23 this morning to stop in Saint-Siméon on the north shore of the Saint-Lawrence at 4:10 pm. We can imagine he will leave around low tide either very early tomorrow (around 1 a.m.) or tomorrow afternoon around 2 p.m.The First Nations passed on their empirical knowledge of navigation between

  After three years of negotiations, the Maritime Union of Australia has reached a ground-breaking workplace agreement with the world’s largest stevedoring company, setting a new industry standard at container terminals in Sydney and Brisbane. Workers will receive five 2.5 per cent wage increases over the four year agreement once certified by the Fair Work

  With the shipping industry is responsible for about 90% of global trade by volume, governments are prioritizing the safe and secure transportation of goods to ensure economic stability and growth, stresses a large California-based information and growth consulting enterprise. A Frost & Sullivan analysis on the global maritime port security market finds the sector

  In the end, our dear Theodore decided to catch his breath at the great little fishing port of Mont-Louis before reaching Sainte-Anne-des-Monts late on the evening of June 24th. Currently located near Matane, Theodore TOO is sailing at a more satisfactory speed of 7.6 knots, the head winds having diminished considerably. Not knowing his