maritimenews

Trump Administration withdraws or terminates funding for 12 offshore wind projects

U.S. Transportation Secretary Sean P. Duffy announced withdrawal or termination of a total of $679 million in funding for 12 doomed offshore wind projects across America with a view to increasing focus on traditional forms of energy and rebuilding the shipbuilding industry. “Wasteful, wind projects are using resources that could otherwise go towards revitalizing America’s […]

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DP World negotiating deal to operate Montreal’s Contrecœur terminal

By Leo Ryan, Editor Dubai-based global logistics giant DP World is seeking to become the future operator of the projected massive Contrecœur container terminal at the Port of Montreal, according to a report published last Friday by Bloomberg News. “There’s a competitive process going on and we’re definitely in discussions,” DP World Canada Inc. Chief

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India unveils $1 trillion maritime investment blueprint

India’s Ministry of Ports, Shipping and Waterways  hosted the Ambassadors’ Roundtable Meet in Delhi this week, convening envoys from 28 nations along with senior officials, industry leaders and multilateral representatives to discuss collaboration ahead of India Maritime Week (IMW) 2025, scheduled for October 27–31 in Mumbai. The event, chaired by Union Minister for Ports, Shipping

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World containership order approaches 10 million TEUs

With alternative-fueled vessels dominating upcoming fleet capacity, Alphaliner estimates that the global container ship orderbook currently stands at 9.95 million TEU. And with any significant new order, the orderbook will achieve a symbolic 10 million TEU milestone. Alphaliner reports that the orderbook is already at historic highs having smashed the previous record of 7.12 million TEU,

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Downward trend accelerating in U.S. inbound container volume

According to the latest report by noted shipping analyst John McCown, a 3.2% year-over-year increase in U.S. inbound container volume for July 2025 represents a temporary reprieve driven totally by tariff frontloading. “This is a temporary reprieve and was driven by frontloading to get goods in prior to additional tariffs going into effect in early

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Seaspan welcomes selection of qualified bidders for the Canadian Patrol Submarine Project

Victoria – Seaspan, a long-standing sustainment partner for the Royal Canadian Navy (RCN), welcomes yesterday’s announcement by the Government of Canada that it has taken the next steps to procuring a new fleet of submarines by identifying Thyssen Krupp Marine Systems (TKMS) and Hanwha Ocean Co., Ltd. (Hanwha) as the two qualified suppliers for the Canadian Patrol

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Clear Seas and partners expand Indigenous Internship Program

Vancouver – Clear Seas, in partnership with the British Columbia Institute of Technology (BCIT), Mitacs, and the Students On Ice Foundation, is proud to announce the start of its fourth and largest-ever cohort of the Indigenous Internship Program. This national initiative supports Indigenous-led research and builds long-term capacity in marine and environmental fields. Since its

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BBC Chartering opens new office serving Spain and Portugal

BBC Chartering has announced the opening of a new office in Madrid, Spain, effective September 1, 2025. This strategic move aims to strengthen our service capabilities in the Spanish and Portuguese markets, which are vital components of our global network.  The Madrid office will be led by Mr. Jorge Vicente De Vera, who has been appointed

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Mark Carney singles out ports of Montreal and Churchill for imminent major new infrastructure investments

Speaking alongside German Chancellor Friedrich Merz in Berlin on Tuesday as he sought to bolster economic and energy ties with Europe, Prime Minister Mark Carney announced the federal government will soon be unveiling big investments in port infrastructure  – specifically singling out the ports of Montreal and Churchill, Manitoba. “Our government is in the process

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