News

  The Port of Thunder Bay announced today that its board of directors has chosen Chris Heikkinen as the organization’s new chief executive officer. Mr. Heikkinen, who currently serves as the port’s Director of Business Development and Terminal Operations, succeeds Tim Heney, the port’s former CEO, effective October 11th. “After thorough succession planning and a

  Responding to the increasing pressure on the Arctic region by the climate crisis, more than 75 organisations and individuals – including scientists, writers, and photographers – have signed up to the ‘Arctic Ocean Action’, which calls on the international community to support “equitable transition and urgent action to reduce shipping impacts on Arctic wildlife,

  Hwy H2O, the marketing initiative led by the Canadian and U.S. Seaway Corporations, signed a Memorandum of Cooperation with the Seaports of Niedersachsen (SON) while visiting the Port of Brake during their delegation trip through Niedersachsen and Bremen last month. The agreement establishes a marketing alliance between the two groups to foster collaborative opportunities

  The Canadian government today announced funding of $150 million under the National Trade Corridors Fund for the Port of Montreal’s Contrecoeur terminal project for increasing container capacity by 1.15 million TEUs and whose cost has reportedly increased to about $1.4 billion from an initial estimate of $950 million. The federal contribution adds to the

  Due to a severe drought that is expected to last until 2024, the Panama Canal Authority (ACP) has announced the reduction of allowable ship crossings to 31 from 32 as of November first. Such passages were 36 daily during normal operations. The ACP said  it “finds it necessary to implement additional changes” due to

  As we are around three months away from the implementation of carbon taxation (ETS) in the European Union (EU) and everyone agrees that this will be a high cost, there is significant uncertainty as to the precise cost, according to Sea-Intelligence. Presently, only two carriers, Maersk and Hapag-Lloyd, have in recent weeks announced indications

  Boston — Chartwell Marine, a UK pioneer of next-generation vessel design, announces its partnership with VARD, one of the world’s leading designers and shipbuilders of specialized vessels, to introduce the Midi-SOV: a revolutionary 55-metre offshore wind craft. Coming to both the US and European markets in 2024, the vessel represents the combined expertise of the respective