Canadian Labor Minister Steven MacKinnon said on Tuesday his proposal to appoint a mediator to help settle a dispute at the port of Montreal had been rejected.MacKinnon made the offer last week in a bid to resolve a standoff between the Maritime Employers Association and Montreal Longshoremen's union over a new contract. Dockworkers at the port began an overtime strike this month.
Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season.Container imports and freight rates surged in July
Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority (MPA) and the Australian mining company said on Friday.The Singapore-flagged Fortescue Green Pioneer was loaded with liquid ammonia from an existing facility at Jurong Island's Vopak Banyan Terminal for the trial
Australia's Birdon Group announced its U.S. subsidiary has reached a deal to acquire Metal Shark Boats' shipyard in Bayou La Batre, Ala.Birdon America said it will utilize the 32-acre facility for vessel repair work as well as newbuild activity, including construction of the U.S. Coast Guard's $1.187 billion 27-vessel Waterways Commerce Cutter (WCC) Program awarded to Birdon in 2022.
The Indian Navy will deploy guided missile destroyer ships in the Arabian Sea as a deterrent after an Israel-affiliated merchant vessel was struck off the Indian coast over the weekend.The navy was investigating the nature of the attack on the vessel, MV Chem Pluto, which docked in Mumbai on Monday, and initial reports pointed to a drone attack, a navy statement said.
U.S. research is advancing on the potential to change fuel for nuclear reactors on Navy submarines and aircraft carriers from bomb-grade uranium to a safer option, documents showed Wednesday, even as the program's funding is at risk in Congress.In order to lower proliferation risks of keeping stockpiles of highly-enriched uranium, the U.S.
New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified", Iran Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday.Brussels on Monday added the Islamic Republic of Iran Shipping Lines (IRISL) and its director to its list of sanctions on Iran, which it said were a consequence of Tehran's support of Russia in its war with Ukraine.
Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world's largest bunker hub, have surged due to the tight supply available for prompt deliveries, market sources said.The price strength for the fuel, which is used to power ships, has been keeping refuelling costs high for vessels calling at Singapore and other ports in the region.
Argentine authorities have quarantined a cargo ship in the Parana River over a suspected case of mpox onboard, the government said on Tuesday, as global public health authorities remain on alert for a new faster-spreading variant of the virus.The quarantined Liberian-flagged ship was sailing from Santos, Brazil - also a major commodities hub - to pick up soy cargo
The United States will fall far short of the Biden administration's 2030 offshore wind goal but will catch up quickly in the following years, according to an analysis by an industry group published on Tuesday.The American Clean Power Association (ACP) projected there will be about 14 gigawatts (GW) of offshore wind capacity along U.S. coastlines by 2030.
U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates
Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday.The project, seen as a key element in Russia's drive to boost its LNG global market share to 20% by 2030 from 8%