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LOGISTEC announces acquisition of Fednav’s terminal division for US$105 million
Montreal– LOGISTEC Stevedoring Inc., a subsidiary of LOGISTEC Corporation, a leading North American marine and environmental services provider, announced today that it has entered into a definitive agreement to acquire the Canadian and U.S. marine terminal business of Fednav, including Federal Marine Terminals, Inc. and the logistics division, Fednav Direct (collectively, “FMT”), for a

Marine sector stakeholders denounce escalation of pilotage rates on U.S. Great Lakes
By Leo Ryan, Editor of Maritime Magazine Marine industry stakeholders in Canada and the United States have strongly condemned the “excessive escalation” of the pilotage rates set by the U.S. Coast Guard for oceangoing vessels transiting the American waters of the Great Lakes/St. Lawrence Seaway system during the 2023 navigation season. Effective in late

U.S. Great Lakes carriers investing $126million during annual winter repair cycle
The Cleveland-based Lake Carriers Association (LCA) reports that its member companies will invest over $126 million in their vessels at shipyards and facilities across the Great Lakes in the winter period prior to the opening of the 2023 St. Lawrence Seaway season in late March. U.S. shipping companies operating exclusively on the Great Lakes

Rhenus Logistics launches offshore project operations in Atlantic Canada
Germany-based Rhenus Logistics has announced the launch of operations in eastern Canada for the project logistics and offshore market with two new business sites located in Halifax and St. John’s. As a result, the global logistics specialist will operate in the strongly growing onshore and offshore markets in Canada. Rhenus will be primarily focussing

Methanex and MOL complete first-ever zero emissions voyage fueled by bio-methanol
Vancouver-based Methanex Corporation and Mitsui O.S.K. Lines, Ltd. (MOL) announced that the dual-fuel vessel Cajun Sun successfully completed the first-ever net-zero voyage fuelled by bio-methanol. The voyage is an example of how Methanex and MOL are collaborating to demonstrate the viability of methanol as a marine fuel with a pathway to net-zero emissions. The

Port of Prince Rupert celebrates 10th anniversary of Green Wave program
The Prince Rupert Port Authority (PRPA) is marking the tenth anniversary of its Green Wave program by honouring five companies for their outstanding participation in the initiative last year. The recipients of the 2022 Green Wave Award include container shipping companies COSCO Shipping Lines, MSC Mediterranean Shipping Company, and SM Line, along with liquified

Port of Vancouver extends phase-out date of older container trucks
The Port of Vancouver has announced it will again defer implementation of its Rolling Truck Age Program for phasing out the oldest container trucks “for no less than nine months.” This would push the implementation date to early 2024 from April 3, 2023. The decision on February 24 was welcomed by both the federal

Transport Canada invests in dry bulk conveyor project at Port of Belledune
Belledune, NB -The Minister of Transport, Omar Alghabra, and the Member of Parliament for Acadie-Bathurst, Serge Cormier, today announced an investment of up to $12.5 million, under the National Trade Corridors Fund, for an infrastructure project at the Port of Belledune. The $25 million project will create a dry bulk conveyor loop between two terminals that