maritimenews

DESGAGNÉS is pleased to confirm that the three trainees from the Institut maritime du Québec (IMQ) who were aboard the vessels N/M Rosaire A. Desgagnés and N/M Miena Desgagnés, trapped in the Persian Gulf since February 28, have returned to Quebec. Due to ongoing uncertainty regarding the timeline for implementing security measures that would allow the two […]

The Fertilizer Institute thanks the Trump Administration for its decision to temporarily suspend the Jones Act to support the timely movement of fertilizer across the United States as fertilizer supply continues to be impacted by the closure of the Strait of Hormuz as part of the wider conflict in the Middle East. The waiver will

In a joint statement, leaders from Canada, United Kingdom, France, Germany, Italy, the Netherlands, and Japan today condemned Iran’s recent attacks on shipping and energy infrastructure in the Persian Gulf that threaten global trade and security. “We condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf… and the

DP World has opened a new freight forwarding office in Montreal, expanding its Canadian logistics network and strengthening its end-to-end capabilities. The new location provides support for customers across the retail and industrial sectors, improving supply chain efficiency and expanding bilingual service delivery across the province. Located in Saint-Laurent, Quebec, the new office expands DP

For the eighth year in a row, CSL has been recognized as one of Montreal’s Top Employers – a reflection of the company’s ongoing focus on creating a workplace where people can learn, grow, and build fulfilling careers. The recognition follows another recent honour for the company: being named one of Canada’s Top Employers for Young People

Prior to an Extraordinary Session of the IMO Council on the Middle East crisis scheduled for March 18–19 in London, the International Maritime Organization has released a briefing document that says roughly 3,200 vessels carrying around 20,000 seafarers are currently confined west of the Strait of Hormuz, reports the gCaptain news platform. The document underlines the scale

Cork, Ireland – Ports of Indiana has opened its first international trade office in Ireland to grow cargo shipments and support the launch of a direct Europe-Indiana container service. Maritime trade veteran, Brian Dooley, will lead the new European Trade Office, based in Cork and Kildare, Ireland. In 2024, Ireland made $32.4 billion of shipments

The White House is floating the idea of a 30-day exemption of the more than century old Jones Act  which requires American-flagged, built and crewed ships to transport goods between US ports. The initiative would seek to blunt the impact of soaring oil and gasoline prices and disrupted fertilizer supplies as a result of a

The war in the Middle East is creating the largest supply disruption in the history of the global oil market, states the International Energy Agency in its latest Oil Market Report. With crude and oil product flows through the Strait of Hormuz plunging from around 20 mb/d before the war to a trickle currently, limited

The ongoing Middle East conflict continues to affect global supply chains, supporting higher freight rates in the short term, reports Drewry shipping consultancy, which expects spot rates on the container trade to increase in the coming weeks. The Drewry World Container Index (WCI) increased 8% to $2,123 per 40ft container, mainly due to a sharp