News

The European Commission has prohibited, under the EU Merger Regulation, the acquisition of Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by Hyundai Heavy Industries Holdings (HHIH). The merger between the two South Korean shipbuilders would have created a dominant position by the new merged company and reduced competition in the worldwide market for the

According to a report today on the JOC.Com news platform, the Ocean Alliance, the second-largest container ship alliance by volume, has unveiled network changes that include the addition of two new trans-Pacific express services into the North American West Coast and one to the US Southeast by spring. The Alliance comprises some 352 container vessels

Overall cargo tonnage at Port Saint John for the year 2021 was 28,822,218 metric tonnes (MT), an 11% increase over 2020, the New Brunswick port announced.  In the container sector, both TEUs and tonnage experienced year-over-year increases in 2021, with TEUs increasing to 86,949 TEUs (10% over 2020) and tonnage increasing to 617,312 MT (6%

Copenhagen – A.P. Moller – Maersk has announced a new bar to achieve net-zero greenhouse gas emissions across its entire business: 2040 instead of the original target of 2050. “As a global provider of end-to-end logistics services across all transport modes, it is a strategic imperative for Maersk to extend our net-zero ambition to the

Canada’s largest private sector union has warned that a controversial plan to force hundreds of older container trucks out of the Metro Vancouver port transportation system will cause chaos in a system already under unique pressure from the pandemic, flooding, and supply chain issues. “Without action from Transport Minister Omar Alghabra, gridlock will overtake Vancouver’s

Saguenay, QC – The Port of Saguenay welcomed its first ocean-going vessel of 2022 when the M/V Nordersand docked at the Marcel-Dionne wharf at the Grande-Anse Marine Terminal on Monday. Per tradition, the Saguenay Port Authority (SPA) marked the reception of the first international ship of the year by presenting a commemorative plaque and a

Québec City – At a meeting held virtually due to COVID-19, the Québec Port Authority (QPA) unveiled today the results of the Port’s operations over the past year. Mario Girard, President and CEO of the QPA, presented the highlights of 2021 and pointed out the key role played by the Port of Québec, which had

Global carrier Maersk Line today warned its customers that congestion remains high at various world ports as new pandemic outbreaks impact the ability to move cargo. In North America, Maersk noted that vessels seeking to berth in Vancouver needed to wait 14 days on average while inbound ships to Prince Rupert were experiencing 10-day waits