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Amidst bad weather conditions, the Canadian Coast Guard was assessing  today how to refloat the MSC Baltic lll containership that ran aground last Saturday after reportedly losing power in Wild Cove, west of Lark Harbour. All crew members were safely airlifted from the ship by a Cormorant helicopter. The vessel was bound for Corner Brook […]

Evergreen Marine Corporation of Taiwan has placed an order for 11 new LNG dual-fuel containerships of 24,000 TEUs capacity at South Korean and Chinese shipyards. Total cost is estimated at US$3 billion. Priced between $265m and $295m each, six are to be built by South Korean shipbuilder Hanwha Ocean and five at Guangzhou Shipyard International in China. Deliveries

Ports of Indiana shipped 13 million tons of cargo in 2024, the second-highest annual volume in the port authority’s 60-year history. Cargo shipments increased during the fourth straight year for the statewide port authority, up 3 percent from 2023 and second best to the 2018 record of 14.8 million tons. “We have world-class companies operating

Singapore – Ocean Network Express has announced a significant milestone in its corporate history with the naming of ONE Sparkle, the company’s first owned and operated newbuilding container vessel. Says Jeremy Nixon, CEO, “The naming of ONE Sparkle represents another important milestone for ONE. This vessel is our first owned newbuilding, and it also showcases our

A groundbreaking initiative led by the International Maritime Organization (IMO) and the Kingdom of Saudi Arabia (KSA) aims to address the global seafarer shortage while creating career opportunities for aspiring seafarers from developing nations.   The NextWave Seafarers Project was formally launched with the signing of a Letter of Agreement between Mr. Kamal M. Al Junaidi,

Following a decision by Rodney Corrigan to leave his position as President of LOGISTEC Stevedoring, Maritime Magazine has learned that he will stay on as a Special Advisor offering valuable expertise while LOGISTEC pursues its growth in new markets by dividing its network of 60 ports and 91 terminals into two strategic regions. Frank Robertson will

According to a new industry survey by the Drewry maritime consultancy, most container shipping stakeholders expect Suez Canal transits to resume before the end of 2025. At the same time, they are bracing to navigate through the impact on global trade patterns of the Trump Administration’s punitive tariff agenda. The survey identified 54% of respondents

North Vancouver, BC –   The Minister of Transport and Internal Trade,  Anita Anand, has announced an investment of up to $33.1 million for six projects in Alberta and British Columbia under the National Trade Corridors Fund. These projects will promote economic growth and better connect communities and regions across Canada. The Government of Canada is contributing up to: $10 million to Canadian National Railway for the Jaleslie

The offshore wind sector continues to grow globally, with Service Operation Vessels (SOVs) and Construction Service Operation Vessels (CSOVs) playing increasingly important roles. Phil Lewis, Director of Research at New York-based Intelatus, provides expert insights into the evolving landscape, addressing both emerging opportunities and challenges within these markets in light of recent political developments. Interest

Victoria – The Minister of Transport and Internal Trade, the Honourable Anita Anand, has announced up to $35.5 million in funding for three projects based in British Columbia to invest in commercially available clean technology and infrastructure for ports. This funding, provided under the Green Shipping Corridor Program, will: increase the use of clean energy and transportation infrastructure at