cargoship

Canada’s west coast ports are playing a crucial role supporting national trade objectives and generating economic prosperity, supporting more than 150,000 Canadian jobs while moving $1.1 billion in goods every day.  The Economic Impact of West Coast Ports study, released today, found B.C.’s maritime gateways at the ports of Vancouver, Prince Rupert and Nanaimo serve […]

Tanker markets are facing mounting pressure as export disruptions continue to reduce seaborne volumes, while declining oil and product stocks increase the risk of higher oil prices, weaker economic growth and lower tanker demand, reports Niels Rasmussen, Chief Shipping Analyst at BIMCO. Although the Memorandum of Understanding (MoU) signed by the US and Iran on

The U.S. Department of Transportation’s Maritime Administration (MARAD) and CORE POWER (US) Inc. announced a first-of-a-kind federal-private cooperation framework to accelerate the commercial, industrial and regulatory pathway for a future fleet of U.S.-flagged nuclear-powered merchant ships. CORE POWER is targeting first construction from 2028.  The strategic context is urgent, stated a press release. China dominates global commercial

Work is now complete upgrading road and rail connections in the Fraser Surrey area, helping boost the movement of Canadian trade such as grain and canola oil exports, and containerized and project cargo through the Port of Vancouver.  The road and rail upgrades will support more efficient cargo flows through the growing Fraser Surrey Port

LÉVIS, QC, — Prime Minister, Mark Carney, today announced the Government of Canada will invest more than $11 billion to build six new program icebreakers for the Canadian Coast Guard in partnership with Chantier Davie Canada Inc. This historic investment grows Canada’s domestic shipbuilding industry, strengthens our ability to keep critical trade routes open, and reinforces our

Bali, Indonesia – Unanimously re-elected today for a fourth term of four years as President of the International Maritime Pilots’ Association (IMPA), Captain Simon Pelletier underlined the vital role played by maritime pilots in navigation safety and the need to address challenges faced by pilotage in various parts of the world. His extensive comments were

IMO Secretary-General Arsenio Dominguez today called for the immediate and unconditional release of more than 90 seafarers held captive following reports of the SEAMULL being hijacked on 20 August 2026. “With the most recent highjack, a sixth vessel is being held by pirates and armed robbers in waters that are becoming too dangerous for seafarers,” he stated. “More

The new 50% tariffs imposed by the Trump Administration, as well as the promise of Canadian counter tariffs, will cause significant challenges for many companies represented by Chamber of Marine Commerce (CMC) that support the in-land marine supply chain, as well as the customers those companies serve on both sides of the border.  “As marine

The governments of Canada and Manitoba announced today they welcome new research confirming the feasibility of year-round shipping from the Port of Churchill using existing ice-class vessels, while changing sea-ice conditions are expected to make marine access increasingly favourable over the coming decades. The announcement came from Premier Wab Kinew and federal Northern and Arctic

According to Filipe Gouveia, Shipping Analysis Manager at BIMCO, over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y, fuelled by a 26% y/y drop in grain exports from the Black Sea as Russian and Ukrainian attacks on ships and port infrastructure have intensified. “A recent proposal by Ukraine to halt