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UNCTAD urges greater investment in infrastructure and sustainability

  The UN Conference on Trade and Development (UNCTAD) in its flagship “Review of Maritime Transport 2022” has called for increased investment in maritime supply chains. Ports, shipping fleets and hinterland connections need to be better prepared for future global crises, climate change and the transition to low-carbon energy.The supply chain crisis of the last

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Logistec wins IBJ award for safety in bulk handling

  LOGISTEC Stevedoring Inc., a subsidiary of LOGISTEC Corporation and a leading North American marine services provider, received the Safety in Bulk Handling Award at the International Bulk Journal’s “IBJ” ceremony in Rotterdam, Netherlands. The award recognizes excellence in the Maritime Bulk Industry, placing LOGISTEC at the forefront of best practices for the safe handling of

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Keel laid on Canadian Coast Guard’s newest science vessel

  Vancouver – It was a momentous day for the Canadian Coast Guard (CCG) when a keel laying ceremony was held on November 25 for the future Offshore Oceanographic Science Vessel (OOSV), being built at Seaspan’s Vancouver shipyard.Traditionally, a keel laying marks the beginning of the construction of a ship, with the laying of the

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NY/NJ overtakes West Coast giants in container numbers

  For three months in succession, the Port of New York and New Jersey has been the busiest container port in the United States, overtaking the giant complex on the West Coast of Los Angeles and Long Beach as evidence grows of shifting transportation patterns. NY/NJ handled 18.9% more boxes in October 2022 over pre-pandemic

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Former CSL Group CEO Rod Jones receives IBJ Lifetime Achievement Award

  Montreal – The CSL Group has announced that former CSL President and CEO, and current Board member, Rod Jones, was presented with a Lifetime Achievement Award on Monday evening, during the International Bulk Journal (“IBJ”) Awards in Rotterdam, Netherlands.“Respected throughout the global marine transportation industry, Rod Jones stands out as an inclusive, accessible and modern leader

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Xeneta forecasts drops in ocean rates, volumes and demand as storm clouds gather for 2023

  After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Xeneta. The Oslo-based market intelligence platform.An in-depth analysis of the latest real-time ocean and air freight rates, combined with expert trend forecasts, suggests that ocean cargo volumes could fall

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