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  Arven Floating Offshore Wind Farm, takes its name from the Norwegian word for ‘legacy’ or ‘heritage’, and will power the equivalent of two million homes when operational Mainstream Renewable Power and Ocean Winds, the international company dedicated to offshore wind energy, have signed the seabed lease agreement with Crown Estate Scotland to the value […]

  London –The Sustainable Shipping Initiative (SSI) has welcomed the Vancouver Fraser Port Authority  as its newest member, becoming the first port authority to join the initiative which now consists of seventeen members across the maritime ecosystem. The Vancouver Fraser Port Authority is the federal agency responsible for stewardship of Canada’s largest port, the Port of Vancouver.

  St. Catharines, ON – Heddle Shipyards has been awarded a $135.5 million dollar contract for the Vessel Life Extension (VLE) of the Canadian Coast Guard icebreaker (CCGS) Terry Fox – securing the future of the Port Weller Dry Docks for the next generation of Ontario shipbuilders. The nearly three-year project will involve an extensive engineering, planning and procurement phase,

  According to a report on the JOC.com news platform, the world container shipping industry needs to make major advances in alternative ship power to meet new decarbonization rules, but is also competing to secure shore-side production of green fuels such as hydrogen, ammonia, and methanol with other energy-hungry industries. The current global supply of

    Ottawa – The National Maritime Group, a coalition of private sector maritime employers and operators from coast to coast and through the St. Lawrence, today released their national Economic Impact Study by InterVISTAS. The Economic Impact Study confirmed that where ships meet shore, Canada’s private sector maritime employers and operators play a crucial role in the national

  China’s giant Cosco Shipping Holdings and its Hong Kong-listed subsidiary Orient Overseas (International) (OOIL) have signed contracts for 12 24,000 TEU vessels in deals totaling $2.9 billion. The new vessels will be dual-fuel, able to operate on methanol and low-sulfur diesel. In a filing to the Hong Kong stock exchange Monday, Cosco said it

  Among the selected projects, Salem Wind Port Project ($33,835,953) Salem, Massachusetts  WASHINGTON – Today, the U.S. Department of Transportation announced more than $703 million to fund 41 projects in 22 states and one territory that will improve port facilities through the Maritime Administration’s Port Infrastructure Development Program, a greater amount than any year in the

  DCT Gdansk, the largest and fastest-growing container complex in the Baltic Sea region has a new name: ‘Baltic Hub’. The terminal operator announced its name change that better represents its ambitions to be THE hub for the region, both by land and by sea, to staff just two weeks after it had celebrated its

    Oregon based NuScale Power LLC (NuScale) and Canadian Prodigy Clean Energy Ltd. (Prodigy) have announced a new conceptual design for a transportable and marine-based small modular reactor (SMR) power generating facility which they would like shipyards to build. The updated concept will be used for engagements with utilities, regulators, and shipyard manufacturers.  Prodigy

  Despite initiatives by carriers of blanking sailings, combining routes and scrapping older, smaller vessels, overcapacity in container shipping will continue to increase due to weak economies and record orderbooks, according to the Alphaliner consultancy in its latest market assessment. As a result, industry analysts anticipate a continued downward pressure on ocean freight rates. Alphaliner