maritimenews

The Drewry World Container Index (WCI) decreased 5% to $1,859 per 40ft container, marking the first weekly decrease after four weeks of continuous increases, Drewry reported today. Spot rates on the Transpacific Headhaul saw a double-digit decrease this week, with rates from Shanghai to New York falling 15% to $3,254 per 40ft container and rates […]

Over the last few years, the U.S. offshore wind market has experienced both opportunities and frustrations, but regulatory upheaval under the Trump administration and rising cost pressures have significantly clouded the outlook, according to a new report from London-based Energy Industries Council. The previous Biden administration placed offshore wind at the centre of its clean

Echandia, the leading Swedish supplier of advanced maritime battery systems, has secured an order from ABB to supply a 3.7 MWh battery system for a new hybrid icebreaker vessel for the Canadian Coast Guard to be built at Helsinki Shipyard. The contract marks Echandia’s first entry into the Canadian market and strengthens the company’s global

The Bureau of Ocean Energy Management has announced key developments in its offshore critical minerals planning, with the completion of Area Identification offshore American Samoa and the release of a Request for Information and Interest for the Commonwealth of the Northern Mariana Islands in the Pacific Ocean. These actions mark significant progress in BOEM’s efforts

After nineteen years at the helm of the Port of Trois-Rivières, the time has come for me to cast off and set sail toward a new stage of my life. In just a few days, I will be retiring with a deep sense of pride, gratitude, and shared accomplishment. When I first arrived at the

The evolving supply needs of northern communities, the increasing natural resource extraction activities, the growing presence of foreign shipowners whose risk assessments related to the Northwest Passage may differ, and the progressive retreat of sea ice all highlight the need for a strategic reassessment of Canada’s Arctic maritime logistics. Faced with this new reality, Saul

The 2025 cruise season concluded on November 1 with the departure of the Seabourn Sojourn bound for Miami. Over the course of the season, the Montreal Port Authority (MPA) recorded 61,727 passenger-days, representing a modest 2% increase compared to 2024. In addition, 14,569 crew members had the opportunity to explore the many attractions of the metropolis. Among

Shipments of iron ore and limestone on the Great Lakes were down in October compared to a year earlier, reported the Cleveland-based Lake Carriers’ Association. Iron ore shipments in October totaled 4.4 million tons in October, a decrease of 1.3 percent compared to 2024.  Shipments were 8 percent below the month’s 5-year average. Year-to-date, the

In its latest report on the MSC Baltic III container vessel grounded since February off Newfoundland’s west coast, the Canadian Coast Guard indicated that extreme conditions have provoked “a noticeable change in the condition of the port side of the vessel.” The MSC Baltic III is currently experiencing sustained, extreme wind and sea conditions. These

The Port of Québec has unveiled an ambitious infrastructure modernization plan that involves $1.7 billion in estimated investments over 10 years, heralding the beginning of a new age for the logistics and maritime hub. This major initiative fits within a long-term vision to transform the Port by rebuilding the century-old wharves – an essential link