Canada
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Regulatory
Canada hikes shipping fines
Canada’s minister of transport, Pablo Rodriguez, has outlined a steep increase in fines for violations under the Canada Shipping Act…
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Shipyards
Ontario Shipyards shuts Thunder Bay yard
Canadian ship repair and construction firm on the Great Lakes has halted work at its facility in Thunder Bay. Operations…
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Americas
Eureka signs for cement carrier at Dutch yard
Eureka Shipping, a six-year-old cement carrier joint venture between SMT Shipping and the CSL Group, has contracted Holland Shipyard Group…
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Offshore
Viking Supply Ships wins AHTS contract with ExxonMobil in Canada
Christen Sveaas’ Viking Supply Ships has won a term contract for one of its anchor-handling tug supply units. Brokers report…
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Dry Cargo
Canada’s CSL buys half of Peak Group to expand market footprint
Canadian owner CSL has acquired 50% of Norway’s Peak Group, joining shortsea operations in Northern Europe and assets within the…
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Tankers
Teekay Tankers makes move on its final eight leased ships
Teekay Tankers has set to wrap up its vessel buyback programme having agreed to take back eight and final remaining…
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Offshore
Valeura Energy buys FSO working on Nong Yao field off Thailand
Canadian operator Valeura Energy has exercised its purchase option to acquire Nong Yao field’s , previously under lease from an…
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Americas
Canadian survey reveals rampant harassment and bullying
The Seafarers’ International Union of Canada (SIU) has published a report on workplace harassment and bullying within the Canadian marine…
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Offshore
Vard to convert 16-year-old PSV into cable layer
Subsea cable network provider IT International Telecom Marine has chosen Norwegian shipbuilder Vard to convert the platform supply vessel (PSV)…
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Americas
Canadian project to develop marine-based nuclear reactors moves ahead
Canada’s Prodigy Clean Energy is teaming up with Westinghouse Electric Company to develop nuclear power plants that can be used…
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Ports and Logistics
Canada’s Mullen set to acquire compatriot logistics firm ContainerWorld
Mullen Group, one of Canada’s largest logistics providers, has signed a deal to buy Richmond, British Columbia-based ContainerWorld Forwarding Services.…
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Americas
Canada gets its first Hong Kong-compliant recycling yard
Canada has its first compliant ship recycling facility. Lloyd’s Register has certified Nova Scotia’s R.J. MacIsaac (RJMI), according to the…
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Dry Cargo
CSL reveals order for world’s first fully electric battery-capable self-unloading bulker
Canadian owner CSL has partnered up with Adelaide Brighton Cement (Adbri) to build and operate the world’s first fully electric…
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Offshore
Yinson Production invests in scrubber outfit Ionada’s carbon-capture tech
Yinson Production has invested in an innovative carbon capture technology developed by Canadian scrubber maker Ionada as part of its…
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Environment
Oldendorff preps a post-panamax for rotor treatment
Canadian miner Teck Resources and German dry bulk giant Oldendorff Carriers will install Flettner rotors on a ship which carries…
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Operations
Seaspan enters new sector, ordering world’s largest car carriers with Hyundai Glovis
Seaspan, the world’s largest boxship lessor, has marked its entry into the car carrier segment in partnership with South Korea’s…
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Shipyards
Seaspan to enlarge Vancouver repair yard
Seaspan is upgrading and expanding its Vancouver Drydock infrastructure to help grow the company’s ship repair and maintenance operations. Seaspan…
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Finance and Insurance
Astatine Investment Partners buys Canada’s McKeil Marine
Connecticut-based private equity firm Astatine Investment Partners (AIP) has bought Ontario-based shipping company McKeil Marine from Canada’s TorQuest Partners. “McKeil…
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Renewables
Canada pension fund offloads stake in two German offshore wind farms
Canada Pension Plan Investment Board (CPP Investments) is selling its 24.5% stake in two German offshore wind assets to a…
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Shipyards
Davie completes acquisition of Helsinki Shipyard
Quebec-based Group Davie has finalised the acquisition of the assets of Finland’s Helsinki Shipyard. Group Davie is part of the…
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