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Zero carbon shipping entity creates green corridor serving Northern Europe and Baltic

Copenhagen – The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping announced the establishment of the European Green Corridors Network, kickstarting the initiative in close collaboration with the Port Authorities of Hamburg, Gdynia, Roenne, Rotterdam, and Tallinn.  The project will demonstrate the early commercialization of alternative fuel supply chains, showcase and support first-mover solutions, and

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Canadian pilots and Viking Ocean Cruises masters prepare at MSRC facilities for first season of the Viking Octantis

Quebec City — Following the Great Lakes Pilotage Authority (GLPA) initiative and with Viking Ocean Cruise’s participation, the Maritime Simulation and Resource Centre (MSRC) has been commissioned to create the mathematical model of the new cruise and exploration vessel, the Viking Octantis. The MSRC has also developed new geographic databases of the locations that will be

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Michipicoten first vessel at Thunder Bay for 2022 navigation season

Two domestic “Lakers” arrived in the early morning hours Wednesday, March 30, marking the official opening of the navigation season in the Port of Thunder Bay.  MV Michipicoten came abeam of the light marking the Mission Bay entrance to the Port at 04:31 a.m. local time.  MV Captain Henry Jackman crossed the North entrance at

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IMF underscores impact of soaring shipping costs and Ukraine war on inflation

The latest blog post of the International Monetary Fund indicates that the cost of shipping a container on the world’s transoceanic trade routes has increased seven-fold in the 18 months following March 2020. Entitled How Soaring Shipping Costs Raise Prices Around the World, the analysis predates the war in Ukraine but isn’t isolated from it –

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UNCTAD downgrades global growth forecasts due to Ukraine conflict

United Nations Conference on Trade and Development (UNCTAD) warned today that global economic growth will fall to 2.6% from 3.6% for 2022 due to the Ukraine war. In addition, it indicated that developing countries will need US$310 billion to meet their external public debt service requirements this year. These dire forecasts were contained in update

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Coast Guard icebreaker leaves Davie drydock 

Lévis, QC – Davie Shipbuilding announced that CCGS Vincent Massey has floated out of the Champlain drydock, representing another major milestone towards the commissioning of this medium class icebreaker (MIB) by Davie for the Canadian Coast Guard (CCG). The final phase of the conversion work on CCGS Vincent Massey will be completed whilst alongside Davie’s Murphy’s Quay.  Expected

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