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DP World and Port of Nanaimo sign 50-year lease agreement

  The Duke Point Terminal lease agreement was finalized today, with the signing of a 50-year lease agreement between the Port of Nanaimo and DP World. The Duke Point agreement will provide a long-term port-to-port solution for short-sea shipping between Nanaimo and Vancouver, as well as expand direct access from Nanaimo to global import/export markets

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German fleet stabilizing after severe slump starting in 2009

  Today, the German Shipowners’ Association (VDR) released new figures on the situation of the German shipping sector. President Alfred Hartmann and CEO Ralf Nagel used this occasion to annonce German shipping has exited the slump that decimated the national fleet since when The German KG funding system, a major financing model that helped Germany quickly develop

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All Canadians urged to contribute to federal Blue Economy Strategy

  OTTAWA  Earlier this month, the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard, kicked off the Blue Economy Strategy engagements with a series of roundtables with key ocean sector stakeholders to discuss how we get more Canadians working on and in the water, and benefitting from the ocean. Today, the

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Federal Labour Minister urges Montreal dockers and port employers to renew and resolve negotiations

  The federal Minister of Labour, Filomena Tassi, has expressed serious concern regarding the February 12 suspension of collective bargaining negotiations between the Syndicat des débardeurs, the Canadian Union of Public Employees, Local 375 and the Maritime Employers Association. Following a seven-month truce ending on March 21, negotiations had recently resumed to replace a collective agreement

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Europe’s first large-scale green ammonia project in Norway inches closer to reality

  Yara’s industrial facility in Porsgrunn wil provide the basis for the green production of ammonia (Yara) Oslo Norway-Yara International has signed a Letter of Intent with Statkraft, and Aker Horizons, aiming to establish Europe’s first large-scale green ammonia project in Norway, enabling the hydrogen economy and accelerate the green energy transition. The partners will

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Canadian government announces 2021 measures to protect right whales

  OTTAWA – The Canadian government remains committed to protecting the endangered North Atlantic right whale. With only approximately 366 remaining in the world, it is imperative that Canada continues taking strong action to help support the species’ recovery. The Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Bernadette Jordan, along with the Minister of

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