News

  Washington– The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the immediate designation of four new Marine Highway Projects as part of the America’s Marine Highway Program (AMHP). Projects in North Carolina, Alaska, and Puerto Rico will receive these designations. They can now apply for record levels of funding through the Bipartisan Infrastructure Law

The Port of Thunder Bay today reported mixed results through the first two months of the shipping season.  While grain shipments are well below average, there has been a substantial increase in potash volumes.  Inbound shipments of general cargo at Keefer Terminal are also strong. Total traffic amounted to 1.5 million metric tons versus the

Wärtsilä Corporation has opened its new technology centre, the Sustainable Technology Hub, in Vaasa, Finland. The new centre will contribute to efforts to advance the global decarbonisation of marine and energy by fostering innovation, collaboration, and the development of green technologies using sustainable fuels and digital technologies. The inauguration event was held today and attended by

Avikus, a subsidiary of HD Hyundai (formerly Hyundai Heavy Industries), reports that it has successfully carried out the autonomous navigation of a 180,000m2 ultra-large LNG carrier on a trans-ocean voyage from the Gulf of Mexico in the US to South Korea. The vessel Prism Courage, operated by fellow Korean company SK Shipping, was equipped with

Adm. Karl L. Schultz was relieved as Commandant of the U.S. Coast Guard by Adm. Linda L. Fagan during a military change-of-command ceremony presided over by President Joseph R. Biden, Wednesday at U.S. Coast Guard Headquarters.  “Today we witness a tradition longstanding in the USCG. Change of Command, as a new admiral assumes leadership of

Technology company ZeroNorth has today announced it has raised over $50 million in investment during its recently concluded Series B investment round. The investment from PSG Equity (“PSG”), a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth, joins further capital injections from ZeroNorth’s existing investors A.P. Moller

The system uses liquefied hydrogen storage and fuel cells and was created as part of the FreeCO2ast project, which is currently developing a high-capacity hydrogen energy system that can be retrofitted onboard two coastal cruise vessels owned by the Norwegian operator Havila Kystruten. The preliminary approval through DNV means that HAV Group ASA can confidently

Calgary – Canadian Pacific has announced a new multi-year agreement with CMA CGM Group, a world leader in shipping and logistics. CP will become CMA CGM’s primary rail provider in Canada, servicing the ports of Vancouver, Montreal and Saint John, N.B. “CP is proud to provide CMA CGM with safe and reliable service that includes the shortest route miles to