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Lloyd’s Register to focus growth on expanded role in maritime industry

  Lloyd’s Register, a global provider of professional services specialising in engineering and technology solutions, has announced the sale of 100% of its Business Assurance & Inspection Services division, including cyber-security business Nettitude, to Goldman Sachs Asset Management. The transaction is a key milestone in Lloyd’s Register’s strategy to become the go-to partner and adviser

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Container rates to remain at record levels into 2022

  According to Moody’s Investor Service, container shipping rates will remain at record levels for the rest of this year and into 2022. Global demand is significantly outpacing capacity in an environment that will further increase carrier profits. “We expect financial performance to be even better in 2021 than it was in 2020,” the ratings

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Ottawa gives final thumbs down to Laurentia container project

  By Leo Ryan, Editor Canada’s federal government has delivered a clear rejection of the Port of Québec‘s ambition to launch a second container gateway on the St. Lawrence River complementing Montreal, affirming that the Laurentia project does not meet the standards of economic development that fully respect the environment. This decision Tuesday by the

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Vaccination delays causing crew shortages and rising wages, warns Danica

  Costs are rising in the crewing sector and crew shortages are beginning to be seen as Covid-19 travel restrictions and vaccination delays impact on the availability of trained seafarers, warns Danica Crewing Services. Noting recent changes in the availability of crew members, Henrik Jensen, Danica Managing Director, said that the Eastern European crewing market

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ITF supports crew change suspensions off terrorist-struck Mozambique coast

  Civilians flee the conflict in northern Mozambique where increasing violence makes safe crew change impossible. Photo ITF Ship owners should stop attempting to perform crew changes in northern Mozambique while seafarers are at risk of attack or kidnapping by violent terrorist groups operating in the region. The International Transport Workers’ Federation (ITF) supports the

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Theodore TOO visites Quebec’s capital

  As tweeted earlier, Theodore TOO arrived with the tide this morning and is spending the day at the Port of Quebec. It’s a shame they weren’t able to put him somewhere else to take a break. Docked in the middle of a construction site, it is really not accessible to the population, especially since

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ACPA wants Transport Canada to rescind cruise ban by December 31

  The Association of Canadian Port Authorities (ACPA) has urged the federal government to rescind the existing interim cruise ban until Feb. 22,2022 by December 31, 2021, in light of strong progress in COVID-19 vaccinations and of recent initiatives taken by the United States to bypass the Canadian market.  In a letter addressed to Transport

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Theodore TOO moored in Saint-Siméon

  Theodore TOO left Rimouski at 4:23 this morning to stop in Saint-Siméon on the north shore of the Saint-Lawrence at 4:10 pm. We can imagine he will leave around low tide either very early tomorrow (around 1 a.m.) or tomorrow afternoon around 2 p.m.The First Nations passed on their empirical knowledge of navigation between

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