London – Amasus, one of Europe’s leading players in the shortsea, bulk, general cargo, offshore and heavy lift segments, has signed a fresh eSAIL® (suction sail) contract with Spain’s bound4blue. Under the new agreement, a 22-meter unit will be retrofitted on a 90-meter, 3,000 dwt vessel at Astander Shipyard in Santander, scheduled for mid-2025. The […]
The waterfront labour conflict at the Port of Montreal has remained clouded in uncertainty after the Maritime Employers Association and the union representing 1,200 longshoremen rejected a proposal by federal Labour Minister Steven MacKinnon for a new, special mediator to work with both sides to advance deadlocked negotiations. He had proposed last week a 90-day
Maritime employers and Montreal longshoremen reject minister’s proposal for new mediator Read More »
The port authorities of Montreal, Quebec City and Trois-Rivières have announced the broadening of their cooperation agreement, initiated in 2022, to jointly strengthen the St. Lawrence corridor. As of October 22, on Quebec Marine Day, the port authorities of Saguenay and Sept-Îles are uniting in the cooperation dynamics through the signing a new, expanded cooperation agreement. Integrating the ports of Saguenay
Saguenay and Sept-Îles join the St. Lawrence ports cooperation agreement Read More »
Transport Canada is reviewing how it regulates cooperative agreements between ocean carriers and how it could modernize existing regulations. Currently, the Shipping Conferences Exemption Act (SCEA) exempts certain agreements from the Competition Act, but with changes in global shipping, these “shipping conferences” no longer operate on Canada’s major trade routes. Instead, “shipping alliances,” which coordinate services
Transport Canada seeking stakeholder feedback by November 15 on potential SCEA repeal Read More »
Houston, Texas – The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected the American Bureau of Shipping (ABS) to establish and maintain the U.S. Center for Maritime Innovation (Center) under a five-year cooperative agreement. Authorized by the U.S. Congress, the Center is intended to support the adoption of clean energy on
MARAD selects ABS to establish U.S. Center for Maritime Innovation Read More »
PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion within Tuas Port, at its groundbreaking ceremony today. This state-of-the-art facility, scheduled to be ready by 2027, is poised to transform the logistics and supply chain landscape in Singapore. Strategically situated next to Tuas Port
PSA Singapore celebrates groundbreaking for its new supply chain hub Read More »
Global goods trade is projected to post a 2.7% increase in 2024, up slightly from the previous estimate of 2.6%, economists at the World Trade Organization said in an updated forecast. The volume of world merchandise trade is likely to increase by 3.0% in 2025; however, rising geopolitical tensions – notably in the Middle East
Global trade forecast by WTO to increase 3% in 2025 Read More »
The Port of Montreal today warned that an overtime ban initiated by dockers could slow down or disrupt the handling of 50% of the goods transiting through Eastern Canada’s biggest container port. The 1,200 longshoremen began an “indefinite” ban this morning after their union charged that maritime employers were “dragging their heels” in deadlocked negotiations.
Port of Montreal evokes negative impact of docker overtime ban Read More »
BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships. The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver services for the operation of remotely controlled or fully autonomous ships. Remotely controlled ships are currently used primarily in inland waterways and coastal
BIMCO approves first management agreement for autonomous ships Read More »
The St. Lawrence Seaway today announced its September performance figures, with 23.6 million mt (metric tons) of cargo shipped since the beginning of the navigation season. While overall tonnage is slightly down compared to the previous year, specific commodities demonstrate positive trends that underscore the Seaway’s vital role in North American supply chains, with indications
Growth continues in key commodities on St. Lawrence Seaway Read More »