The IMO’s NZF won’t be effective in helping shipping decarbonize in line with the IMO’s strategy announced in 2023 or ensuring a level playing field, the group of shippers said.

Larger ships have been leading the transition, with alternatively-fueled vessels accounting for 81% of all orders for ships with capacities of 8,000 TEUs or more

The Maritime IT Security research group is asking corporations and other research institutions to contribute to the database. 

The project would increase the Port of Montreal's container handling capacity by an estimated 60%, and create space for 1.15 million containers.

An estimated 32 containers have now been recovered from the water around the MV Mississippi cargo vessel at the Port of Long Beach.

Despite a recent downturn in contracting, the existing order pipeline remains sizable, equal to nearly one-fifth of the current global product tanker fleet.

The company has been upgrading its shipbuilding facilities, including £200 million for the Type 26 anti-submarine frigate in Glasgow, to try hit its goal.

To address growing cyber risks, digital shipyards should implement comprehensive cybersecurity frameworks, keeping in the loop people, processes and technologies. 

Cargo operations were paused at Pier G, although no other terminals or port operations were affected by the incident.

The new terminal will sit on the St. Lawrence River, just northeast of the city of Montreal, Canada’s second-largest urban area.