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U.S. Great Lakes iron ore trade sharply down
CLEVELAND – Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.1 million tons in September, a decrease of 5.6 percent compared to a year ago, reported the Lake Carriers Association. Shipments were below the month’s 5-year average by 6.5 percent. Year-to-date, the iron ore trade stands at 29.2 million tons,

Termont superintendents at Port of Montreal sign new collective agreement
The 21 superintendents with the Termont terminal at the Port of Montreal have signed a new collective agreement, the Canadian Union of Public Employees announced. The eight-year contract includes wage increases of more than 40 per cent over the life of the agreement. “Negotiations were exemplary in that both parties didn’t want to lose qualified

ICS proposes global CO2 reduction fund to reward ‘first movers’ using low emission fuels
London – The International Chamber of Shipping (ICS), which represents 80% of the world’s merchant fleet, today announced proposals to accelerate the maritime sector’s transition to net zero by financially rewarding ships and energy producers that invest in low/net zero emission fuels. In a paper to shipping’s UN regulator, the International Maritime Organization (IMO),

MSC purchases big Italian towage firm
Mediterranean Shipping Company today announced the acquisition of Genoa-based Rimorchiatori Mediterranei, which operates more than 100 tugboats in 18 ports worldwide. Financial terms of the deal were not disclosed. “We are very pleased to be able to become part of the exciting next phase for growth and improvement at Rimorchiatori Mediterranei and we look forward

Rotterdam and Antwerp-Bruges feeling impact of loss of Russia business
Western Europe’s two largest ports are experiencing declines in their container cargo, with loss of Russia business figuring prominently as a contributing factor. The Port of Rotterdam said today (Friday) it handled 10.9 million TEU during the first nine months of 2022, representing a decline of 4.4 percent from a year ago.

Canadian freight forwarders deplore rising costs sparked by congestion in inland supply chains
The members of the Canadian International Freight Forwarders Association (CIFFA) are increasingly frustrated by the ongoing challenges and rising costs of doing business in Canada, CIFFA Executive Director Bruce Rodgers said in a statement released today. CIFFA’s members have increasingly been asking the Secretariat office to do more to raise awareness around the issues

Ports America joining Green Marine certification at various ports
Ports America, the largest terminal operator and stevedore in the United States, has announced its goal to achieve Green Marine environmental certification at various ports across the country. The rigorous program offers its participants, on the way to sustainable marine transportation, a comprehensive framework to measurably reduce their environmental footprint. To achieve certification, ports

ICS urges enhanced action by carriers to protect endangered whale species
The International Chamber of Shipping (ICS) has encouraged the global shipping industry to take more action to reduce the risk of harm to endangered whale species. This is an issue that the shipping industry takes seriously and has resulted in the implementation of measures that aim to prevent collisions between whales and ships,