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.

The U.S. had previously criticized the proposed framework and labeled it a “global carbon tax."

The terminal project has been under consideration since the 1980s, when the port authority bought the land in Contrecoeur.

A deepwater port is expected to open up access for ships moving rare earth minerals, and provide the U.S. with a critical regional hub for its Arctic supply chain.

Federal officials detected Cesium-137, a radioactive isotope, in shipping containers and a sample of breaded shrimp imported from Indonesia.

The company has already missed a chance to ink a definitive agreement before a window for exclusive talks with the buying consortium expired in late July.