transportmaritimes

BCMEA underlines role of stability for “measured growth” of West Coast ports

The British Columbia Maritime Employers Association (BCMEA) released its Annual Report, highlighting how stability at Canada’s West Coast Ports benefits workers, business and the Canadian economy. 2025 was a year of measured growth across the Pacific Gateway, driven by undisrupted operations, strong cargo volumes, and continued investment in the workforce. Safeguarding this stability will be critical […]

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AtkinsRéalis and Hanwha Ocean sign Memorandum of Understanding

Montreal – AtkinsRéalis, a world-class engineering services and nuclear company with offices around the world, and Hanwha Ocean, a global shipbuilding and submarine manufacturer, have signed a strategic Memorandum of Understanding (MoU) to collaborate on opportunities to strengthen Canada’s submarine capabilities and reinforce a resilient Canadian defence industrial base. Aligned with Canada’s new Defence Industrial

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IMF sees abrupt darkening of global economic outlook due to Middle East war

The International Monetary Fund has trimmed its forecast for global economic growth this year, and has warned that a prolonged Middle East conflict could fuel an “energy crisis on an unprecedented scale.” “The global outlook has abruptly darkened following the outbreak of war in the Middle East,” Pierre-Olivier Gourinchas, economic counsellor at the IMF, wrote

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Global seaborne crude oil shipments plunge 16% since outset of Iran war

Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of 7.6 million barrels per day (mbdp) to 38.4 mbpd. Coincidentally, shipments during the past six weeks have likewise been 16% lower than

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MSC announces ownership transfer within Aponte family

Geneva – MSC Mediterranean Shipping Company announced today that a transfer of ownership took place during the last quarter of 2025 from its founder Captain Gianluigi Aponte to his son and daughter, Diego and Alexa Aponte. Both of whom are Italian nationals brought up in Switzerland and currently residents of the country. This transition marks a

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Hanwha Ocean and Irving Shipbuilding chart path for deeper industrial partnership

Halifax — One of the world’s most advanced naval shipbuilders is strengthening its ties with a Irving Shipbuilding, as Canada moves to build a sovereign naval capability for the long term. Hanwha Ocean, the South Korean shipbuilding giant, met with Irving Shipbuilding in Halifax for high-level discussions on potential collaboration spanning naval sustainment, workforce development,

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CFO Alban Fournier departing from Port of Montreal

The Montreal Port Authority confirmed today that Chief Financial Officer Alban Fournier will be departing to take a new job effective April 27 as CFO of 5N Plus Inc., a global leader in the production of specialty semiconductors and high-performance materials. It marks the latest recent corporate management exodus at Canada’s second largest container port.

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Global order book hits 17-year high amid record crude tanker contracting

According to Filipe Gouveia, Shipping Analysis Manager at BIMCO, at the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted by higher

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Port of Toronto reports strong 2025 cargo volume

The Toronto Port Authority announced that In 2025, the Port of Toronto handled more than 2.16 million metric tonnes of cargo, delivered by 167 vessels, marking a 4.5% increase in imports compared with 2024. Bulk commodities included 751,353 tonnes of road salt, 575,898 tonnes of sugar, 714,843 tonnes of cement, 57,667 tonnes of aggregate, and

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