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Niels Rasmussen, Chief Shipping Analyst at BIMCO, today forecast “a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US trade policies.” “We expect the supply/demand balance to weaken only slightly in 2025 and 2026, as our ship demand growth forecast now excludes a […]

On June 25, the International Maritime Organization (IMO) leads the global celebration of the Day of the Seafarer – a day designated by the United Nations to recognize the critical role seafarers play in global trade, security, and the flow of essential goods. This year, the theme #MyHarassmentFreeShip calls attention to the urgent need to eliminate bullying

Shannon Foynes Port Company (SFPC), Ireland’s second largest port operator, and the premier port of the Great Lakes, Cleveland-Cuyahoga County Port Authority (CCCPA), have signed a memorandum of understanding (MOU) to strengthen trade ties and opportunities between the two. Built on the strong historical ties between the West of Ireland and Great Lakes region, the

According to Lloyd’s Register Foundation’s latest World Risk Poll Focus On report, Risk perceptions and experiences of ocean workers, ocean workers are among one of the most vulnerable demographics in the face of climate change, with 80% of them saying they are worried about being seriously harmed by severe weather. The report is based on new

Portage, Ind. – Ports of Indiana has selected Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods, to operate the grain export facility at its Lake Michigan port. Considered one of the world’s “big four” global agri-commodities companies, LDC reported net sales of $50.6 billion in 2024. Over the years, the

By Leo Ryan, Editor In today’s turbulent economic, trade and geopolitical environment, it has become more vital than ever to invest massively in infrastructure. This was a central message which emerged from a luncheon-conference staged in Montreal on June 18 by the St. Lawrence Shipoperators featuring former Quebec Premier Jean Charest and Mario Lefebvre, Director

Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their human rights, high level participants from the International Maritime Organization (IMO), International Labour Organization (ILO), International Chamber of Shipping (ICS), and International Transport Workers’ Federation (ITF) have urged, following a joint event at IMO Headquarters

North Vancouver, BC – CCGS Naalak Nappaaluk, the Canadian Coast Guard’s (CCG) new Offshore Oceanographic Science Vessel (OOSV), began sea trials this week in North Vancouver, sailing from Seaspan Vancouver Shipyards where final outfitting, installation, and commissioning work has been taking place since the vessel’s launch in August 2024. Sea trials mark the final major