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Ocean Group continues its momentum by acquiring Chantier Maritime Verreault 

  Quebec City – Ocean Group has announced the acquisition of Chantier Maritime Verreault, located in the municipality of Les Méchins, in the Gaspé Peninsula. With this transaction, Ocean Group increases its capacity, enhances its expertise and adds about one hundred competent and committed workers to its workforce. In doing so, Ocean Group continues to expand in the

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Stena Bulk will help demonstrate end-to-end shipboard carbon capture at scale

  Singapore – The Global Centre for Maritime Decarbonisation (GCMD), the Oil and Gas Climate Initiative (OGCI) and Stena Bulk today initiated the first stage of a two-year, three-phase project to demonstrate shipboard carbon capture at scale.  Together with Alfa Laval, the American Bureau of Shipping, Deltamarin and TNO, the consortium of leading players from

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Hapag-Lloyd acquires big Chile-based group for about $1 billion

  Hapag-Lloyd AG and SM SAAM S.A. signed a binding agreement today under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and SAAM Logistics S.A. and thereby the entire company’s terminal business and associated logistics services. The contracting parties agreed upon a price of around USD 1 billion, which also

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CCG announces important steps to reduce emissions

  Ottawa – Reducing carbon emissions is one of the most important ways Canada and Canadians can fight against climate change. In line with the Government of Canada’s 2030 and 2050 commitments to reducing greenhouse gas emissions, the Canadian Coast Guard (CCG) is pursuing tangible decarbonization efforts. Today, CCG announced important steps in reducing its emission

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New Coast Guard icebreaker named CCGS Judy Lamarsh

  Prescott, ON – Ensuring that Canadian Coast Guard personnel have the equipment they need to keep Canada’s waterways navigable is a key priority for the Canadian Coast Guard. The Canadian Coast Guard recently purchased a light icebreaker that will supplement its operations in the Great Lakes, St. Lawrence, and Atlantic regions. Today, the Parliamentary Secretary

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Canadian railways to help Ukraine restore railway infrastructure

  Canada will lend a hand in rebuilding Ukraine’s railway system, confirmed the Ukraine  Ministry of Infrastructure in a report published by the Kviv Post. Six thousand kilometres of railway tracks have been wrecked (or Ukraine has lost control of them) since the start of the full-scale Russian invasion, along with fifty bridges and dozens

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Candela electric hydrofoil ferries could unlock the potential of Seattle’s waterways

    The Candela P-12 Shuttle dubbed the world’s fastest all-electric passenger ship will hit the water in 2023, flying passengers at a service speed of 30 mph without wake, noise, exhaust fumes or CO2 emissions. During the Interferry Conference on October 1-5, Candela will showcase its unique technology that can speed up Seattle’s ferry rides dramatically.The

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