maritimenews

The Canadian Chamber of Commerce today deplored the “reckless decision” of the Trump administration to impose 25% tariffs on imports from Canada, qualifying it as “self-defeating” and an “economic disaster” pushing both Canada and the United States towards recessions. Candace Laing, president and CEO of the Canadian Chamber of Commerce, declared: “Today’s reckless decision by […]

The Department of Energy in Washington has announced an order that removes barriers for the use of liquefied natural gas (LNG) as marine fuel to power vessels. The order issued by DOE modifies a prior order issued to JAX LNG under the previous administration that asserted new oversight for the use of LNG to power

CN and Iowa Northern Railway Company officially joined their operations on March 1, 2025, as previously authorized by the U.S. Surface Transportation Board. With the closing of this transaction, CN and Iowa Northern can begin integrating their two railroads to better serve customers, the Iowa economy and communities along the network. “This additional investment in

The Port of Toronto has once again confirmed its critical role in the regional economy, posting another strong year in marine imports and cruise ship activity. In 2024, the Port handled more than two million metric tonnes of cargo and welcomed 34 cruise ships, bringing nearly 18,000 visitors to its Cruise Ship Terminal. These figures highlight the Port’s continued significance as a

By Leo Ryan, Editor Maritime analysts are raising red flags in many directions over this week’s new punitive measures proposed by the Trump administration targeting Chinese maritime shipping dominance. Astronomical fees of up to $1.5 million on Chinese-built ships per port call could potentially severely disrupt supply chains, provoke port congestion and even provide at

Toronto – Anita Anand, Minister of Transport and Internal Trade, today announced the establishment of the Supply Chain Advisory Council, comprised of experts and senior leaders in their fields. The non-partisan Council will provide strategic advice on strengthening supply chains to boost productivity, increase competitiveness and support trade diversification. The members of the Council include:

As part of its comprehensive strategy against vehicle theft and illegal export in Canada, the Montreal Port Authority (MPA) today announced that it is implementing an action plan to step up the fight against this criminal phenomenon. Developed in consultation with government authorities, law enforcement and stakeholders in the automotive industry, this initiative aims to bolster

In an Open Letter to Prime Minister Justin Trudeau, Quebec Premier François Legault has urged the Canadian government to accelerate the purchase of “several” new polar icebreakers to defend Canada’s sovereignty in the Arctic amid rising Russian and Chinese ambitions and to appease certain concerns expressed by US President Donald Trump. It would also demonstrate

Magdalen Islands, QC – Diane Lebouthillier, Minister of Fisheries, Oceans and the Canadian Coast Guard, and the Honourable Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, today announced on behalf of Anita Anand, Minister of Transport and Internal Trade, that the Government of Canada is investing in two key marine transportation projects for the community of the

Algoma Central Corporation today reported its results for the year ended December 31, 2024. The St. Catharines-based shipping enterprise reported revenues of $703.4M compared to revenues of $721M in 2023. Net earnings for 2024 were $91.6M compared to earnings of $82.8M in 2023. The Company reported 2024 EBITDA of $200.4M compared to $186M for 2023.