Recent News
Delivering the New Protecteur-Class to the Royal Canadian Navy
Canada’s new Joint Support Ships, the Protecteur-Class, which will see active engagements in areas of conflict and humanitarian deployments, are being adapted and built in Vancouver at Seaspan Shipyards.
Better Shipyard Capacity Key to Building, Refitting 3,500 Green Ships by 2050
Improving shipyard capacity will be crucial to enable thousands of green ships to join the global fleet in the next two and a half decades, a new report found. It is estimated that over 3,500 ships must be built or refitted annually until 2050, yet the number of shipyards more than halved between 2007 and 2022.
Green Marine Lays Foundation for New Global Structure
Green Marine International is the newly formed corporation and governance structure overseeing the Green Marine and Green Marine Europe environmental certification programs, the maritime industry’s voluntary initiatives to advance environmental excellence beyond regulations globally. All Green Marine and Green Marine Europe participants are now Green Marine International members. Their respective certification requirements remain unchanged.
CIB Lending BC Ferries $75M for Vessel Electrification Program
The Canada Infrastructure Bank is lending BC Ferries Services Inc. $75 million to help finance the purchase of four zero-emission ferries and install the required charging infrastructure.
Maritime Losses Decline but Industry Faces Unprecedented Challenges, Allianz Report Warns
The global shipping industry has seen a significant reduction in the number of vessel losses, but faces increasing volatility from geopolitical events, climate change, and the trend towards larger vessels, according to marine insurer Allianz Commercial.
Canada Weighing International ‘Collaboration’ on Future Subs
Canada is weighing “collaboration” from foreign partners in a bid to figure out a way forward on replacing its fleet of aging Victoria-class submarines.
Ferry Operator Looks to Self-Driving Tech to Help Solve Staff Shortage
The Norwegian ferry operator Torghatten is planning to use self-driving technology on a route near Trondheim, and has signed an agreement with the experienced autonomous-shipping team at Kongsberg to develop the system.
Thordon Inks Deal to Refit 32 Panamanian Vessels
Thordon Bearings won a contract to convert the rubber tailshaft bearings across an entire fleet of Panama-operating tugs, pilot vessels, and workboats to water-lubricated polymer bearings.
Gordon Bain Receives Lifetime Achievement Award at the International Tug & Salvage Convention in Dubai
Gordon Bain, founder of Ocean Group and a leading figure in Quebec’s harbour tug and salvage industry, has received a lifetime achievement award at the International Tug & Salvage Convention.
Successful Patriot Interceptor Test from Naval Vertical Launcher is a Big Deal
Lockheed Martin has test-fired a Patriot MAC-3 MSE interceptor from a Mk 41 Launch System-derived containerized launcher and used it to down a mock cruise missile.
Chinese Spy Malware Found in European Shipping Companies’ Systems
A prominent cybersecurity consultancy has spotted signs of Chinese hacking intrusions in the European cargo shipping industry, the latest in a series of discoveries of China-aligned threat groups infiltrating Western economic infrastructure and setting up a persistent presence.
Containership Loses Propulsion Due to Cracked Propeller Blade
A crack in a propeller blade of a Matson containership led to a loss of hydraulic oil and propulsion while transiting the Pacific Ocean.
Kraken Robotics Completes $20 Million Bought Deal Equity Financing
Kraken Robotics Inc. has closed its previously announced “bought deal” short form prospectus offering of common shares We note this especially as so few of our Canadian Ocean Tech firms are publicly listed and using the public markets to raise capital.
Babcock Canada and Barnacle Systems Inc. to Collaboratively Design and Develop a Cutting-Edge Remote Monitoring and Data Logging Device for Land Vehicles
Babcock and Barnacle are delighted to be extending their ITB partnership to design and develop a cutting-edge remote monitoring and data logging device for land vehicles, known as ‘BRNKL Green.
From Paper Charts to ECDIS: A Journey Through the Evolution of Marine Navigation
This article explores some of the key advances in navigational technology since the days of paper charts and sextants to keep modern ships safe from catastrophic accidents.
Canada in Extremis Rebalancing the Canadian Armed Forces and Rebuilding the Canadian Navy
This paper outlines the Naval Association of Canada's (NAC) assessment of Canada's current maritime situation and offers a considered evaluation of what the group believes is required to chart a more prudent course.
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