maritimenews

Opposition gathering force to Trump-proposed steep fees on Chinese-built ships

BIMCO, the world’s largest shipping organization, and the American Association of Port Authorities (AAPA) have added their voices to the rising chorus of maritime stakeholders strongly opposing the Trump administration’s proposed fees on Chinese-built vessels that could attain an additional $3.5 million per port call if fully implemented. Stakeholders were invited in February by the […]

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CSL named one of Montreal’s Top Employers for 7th year in succession

CSL has been named one of Montreal’s Top Employers for the seventh year in a row. This achievement follows CSL’s earlier acknowledgment as one of Canada’s Top Employers for Young People for the fourth year running, underscoring CSL’s ongoing commitment to nurturing talent and fostering employee growth and satisfaction. “We owe this recognition to the

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IMO developing roadmap for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that harnesses emerging technologies to turbo-charge efficiency, safety and sustainability in the shipping industry.  During its 49th session in London from 10 to 14 March, IMO’s Facilitation Committee (FAL) outlined a work plan for developing the IMO Strategy on Maritime Digitalization, which

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Nova Scotia shortlists five areas for potential offshore wind farms

Working with federal partners, Nova Scotia’s Energy Department is proposing five wind energy areas for designation after a regional assessment of offshore wind: French Bank, Middle Bank, Sable Island Bank, Sydney Bight and Western/Emerald Bank. All told, the areas cover about 19,000 square kilometers of open water, mainly off the East Coast. Nova Scotians have

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OECD sees Trump tariff warfare dramatically slowing Canada’s economic growth

In the first attempt by global economists to forecast the damage inflicted by President Donald Trump’s tariff policies, the Paris-based Organization for Economic Cooperation and Development (OECD) has warned that the protectionist trade measures are significantly slowing economic growth projections around the world, notably in Canada and Mexico. “If the announced trade policy actions persist,

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UNCTAD sees new risks looming in global trade

Global trade started 2025 on stable ground, but challenges are mounting in a shifting landscape, according to the latest Global Trade Update by UN Trade and Development (UNCTAD), covering data through early March. In 2024, world trade saw record expansion to $33 trillion in 2024 – up 3.7% from 2023 – driven by developing economies and strong

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Port of Gdansk reports strong 2024 performance

Poland’s largest seaport has released cargo and financial results for 2024 confirming both steady growth and a strong financial performance. Last year, the Port of Gdansk served 3,559 commercial seagoing vessels and handled 77.4 million tonnes of cargo. It also generated a record net profit, estimated at around PLN 264 million (US68 million). Various records

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DP World announces record 2024 revenue of $20 billion

Global port operator DP World has announced record financial results for 2024 and growth in its network container-handling capacity to more than 100 million TEUs. The revenue total marked a 9.7% increase from the previous year. And the adjusted EBITDA rose by 6.7% to $5.5 billion, demonstrating resilience in a complex global trade environment. Though revenue and

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Kingston’s Island Queen celebrates 50 years in the water

Kingston, ON- Kingston 1000 Islands Cruises, a family-owned company, is celebrating the 50th anniversary of its iconic three-hundred-passenger, triple-deck paddle-wheeler, the Island Queen III. Built in Summerstown, Ontario in 1974, the Island Queen was designed in a classic Mississippi paddle-wheel style, crafted entirely in aluminum: a cutting-edge marine fabrication technique for its time. The Island Queen arrived in Kingston the following year, and cruises

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