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CN makes counter bid to CP for Kansas City Southern
MONTREAL- CN today announced that it has made a superior proposal to CP to combine with Kansas City Southern in a cash-and-stock transaction valued at $33.7 billion, or $325 per share. Where applicable, figures are based on CN and CP closing share prices on the NYSE of $118.13 and $365.37 respectively as of April
Hybrid electric pushboats will debut on Amazon River system
The construction of a new fleet of diesel/battery electric push boats has begun at the Belov Engenharia Shipyard for Hidrovias do Brasil. They will be providing terminal assistance on the Amazon River system. Vancouver-based Robert Allan, which has designed the push boats, said that the construction work has recently begun and the first vessel
Port of Antwerp introduces 2 greener tugs
Yesterday, the Port of Antwerp inaugurated three new reversed stern drive (RSD) tugs as part of its focus on renewing and ‘greening’ its fleet with ‘sustainable and energy-efficient vessels’. The port purchased its first RSD tug from Multraship NV in September 2020, and this was followed by the purchase of two additional vessels. RSD tugs are
Industry collaborates on guidance for the safe use of Ammonia as ship fuel.
Lloyd’s Register’s Decarbonization Hub, A.P. Moller-Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are joining forces in a new project with the purpose of guiding safe use of ammonia as a fuel for shipping. Ammonia as a fuel is heavily debated as
BAR Technologies and Yara Marine partner to bring WindWings to global shipping market
BAR Technologies (BARTech), an innovative simulation-driven marine engineering consultancy, has entered into a partnership agreement with Yara Marine Technologies (Yara), front-runner in the development and implementation of emission-reduction technologies in the maritime sector. The product will now be known as the BARTech WindWings by Yara Marine Technologies (WindWings). Yara Marine will offer WindWings in
Massport invests $850M to enhance Boston container terminal
BOSTON – The multi-year effort by the Massachusetts Port Authority (Massport) to modernize and expand Conley Container Terminal marks a major milestone – three new low-profile Neo-Panamax cranes have begun their journey to Boston on a ship from Shanghai, China. The cranes will arrive at Conley Terminal this summer and will be operational this
Asterix civilian crew receive rare special medals
HALIFAX, NS – Federal Fleet Services (FFS), operator of Canada’s leading combat support ship, m/v Asterix, announced today that 52 of its civilian crew have received the Canadian Armed Forces (CAF) Operational Service Medal with Expedition (OSM-EXP) for their support during Operation PROJECTION in 2019. Operation PROJECTION shows Canada’s ongoing commitment to global peace. The deployment of sailors, ships and
The stranding of Ever Given hasn’t finished creating headaches
According to Project44, an Advanced Visibility Platform ™, more than 1.9 million TEUs of capacity currently on the water are heading to congested ports around the world due to the dislodging of the Ever Given. As a result of the Ever Given grounding in the Suez Canal at the end of March, up to 400