Keyword
Shipping
Tremors from Red Sea conflict start to shake Canada, with dozens of ships delayed
January 15, 2024 The Canadian PressMONTREAL – Canadian shippers are starting to feel the strain of attacks on cargo vessels in the Red Sea, as container rates rise and boats are late to arrive. Port data shows that two-thirds of the 43 ships slated to…
Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls
December 1, 2023 Amanda Stephenson - THE CANADIAN PRESSCALGARY – The Canada Energy Regulator has approved preliminary interim tolls that would see oil companies pay nearly twice as much to ship crude on the expanded Trans Mountain pipeline as what was estimated in 2017. In a decision issued…
Who’s at fault when AI’s driving a cargo ship?
June 29, 2023 Philip PoradoIt’s 2035 and a maritime court has convened to determine who’s at fault when a seagoing vessel made an error in passage planning – a safety exercise that maps a voyage from start to finish, including harbour navigation and docking.…
Navigating climate change: How shipping is adapting in the St. Lawrence
September 8, 2022 The Canadian PressBy Claude Comtois, Professeur emerite de geographie, Universite de Montreal – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the…
War and other factors loom over shipping sector: report
May 27, 2022 Philip PoradoWhile fewer total losses of cargo ships worldwide is good news for marine insurers, the number of shipping casualties rose during 2021, said Allianz Global Corporate & Specialty’s (AGCS) annual Safety & Shipping Review. Globally, 54 total vessel losses were…
Canada considers tougher greenhouse gas rules for shipping
November 23, 2021 Bob Weber - THE CANADIAN PRESSCanada is considering an international proposal that would double the ambition of its greenhouse gas emissions targets from shipping – a plan observers say the country seems ready to support. A committee of the International Maritime Organization, which sets the…
NFP’s Canadian offices partner with U.K. insurtech Loadsure
November 22, 2021 Canadian Underwriter StaffBroker and consultant NFP’s Canadian-based offices formed an exclusive partnership with U.K.-based Loadsure to obtain instant- and on-demand cargo and shippers’ coverage to NFP’s Canadian logistics clients shipping cargo globally. The agreement includes inland transit. NFP has over 800 employees…
Linda O’Leary found not guilty of careless driving in fatal boat crash
September 14, 2021 Paola Loriggio - THE CANADIAN PRESSProsecutors failed to prove Linda O’Leary was operating her boat without proper care or consideration for others when it crashed into another vessel in central Ontario two years ago, a judge ruled Tuesday as he cleared her in the fatal…
Why mega-ships are mega risks for marine insurers
August 16, 2021 by Jason ContantThe blocking of the Suez Canal by the Ever Given container ship in March shows that ever-increasing vessel sizes continue to pose a disproportionately large risk, said marine insurer Allianz Global Corporate & Specialty SE (AGCS). On Mar. 23, 2021,…
Shipping industry warns of disruptions from potential strike at Port of Montreal
March 8, 2021 The Canadian PressMONTREAL – The Shipping Federation of Canada is warning that a potential strike at the Port of Montreal is already having a damaging impact even as negotiations are set to resume Wednesday with the help of mediators. The trade association…
New Maritime research centre to fight cyber pirates
January 28, 2021 Jean-Benoit Legault - THE CANADIAN PRESSMONTREAL – A new research centre created at Montreal’s Polytechnique university will aim to protect ships from pirates – and they’re not talking about Blackbeard or Captain Kidd. Canada’s Maritime Cyber Security Centre of Excellence will combine the expertise of…
This commercial line could get a lot more exciting soon
June 4, 2019 by Jason ContantThe Canadian marine insurance market could get a lot more interesting in the next year-and-a-half as major infrastructure projects get underway. “There are more large infrastructure projects on the drawing board and it could be a very interesting 18 months…