Recent News
Helsinki Prepares for the ICE Pact Agreement
As we were finalizing this week's newsletter, the Canadian Embassy in Helsinki sent this update on the new Ice Pact which is supposed to be signed today in Washington.
Electric Ferries Could be the Future for Quebec City-Levis Crossing
The Société des traversiers du Québec may replace its Quebec-Lévis ferries with electric vessels as the government signals decarbonization is a priority.
Shipping Decarbonization Efforts Help Reduce Underwater Noise
BIMCO and the International Chamber of Shipping have developed a guide which aims to help the shipping industry understand and reduce underwater radiated noise from ships and help the industry implement the underwater noise guidelines from the International Maritime Organization.
Lloyd’s Register Awards “First-Ever” Enhanced Antifouling Type Approval
The UK-based classification society Lloyd’s Register has granted the maritime industry’s ‘first-ever’ enhanced antifouling type approval to Canada-based coatings company Graphite Innovation & Technologies (GIT Coatings).
Ottawa to Reinstate Arctic Ambassador as it Faces Challenges from U.S., Russia and China in Region
Ottawa is finalizing its long-awaited Arctic foreign policy with Inuit leaders for release before the end of the year, as Canada braces for a second Trump presidency and increasing threats to its sovereignty from China and Russia.
Palfinger to Supply Safety Equipment for Canadian Coast Guard’s New MPVs
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, been selected to supply its Polar Class lifeboats and davits package for the first fleet of ships in the Canadian Coast Guard’s Multi-Purpose Vessel renewal program.
Strengthening Canada’s Defence and Creating Jobs: Federal Investment in Halifax-Class Frigates
The federal government has awarded Lockheed Martin Canada an up to $1.85 billion contract to provide ongoing support for combat system integration in-service support for the Halifax-class frigates.
Great Lakes Operators Continue to “Thordonize” with New Compac Bearing Deal
Thordon Bearings has delivered its COMPAC water-lubricated propeller shaft bearing solution to the final vessels in a series of three new bulk carrier newbuilds scheduled to join a fleet of Canadian lakers.
Trump’s Call for ‘K-Shipbuilding’ Signals New Opportunities in his Second Term
President-elect Trump has expressed a strong interest in close collaboration between South Korea and the United States for shipbuilding and maintenance. Perhaps there could be some Canadian solutions along similar lines?
ABS Study Concludes Nuclear Power is Suitable for Larger LNG Carriers
With advancements in nuclear engineering and the development of many types of advanced nuclear reactors, ABS concludes in a new report that there are many opportunities to implement the technology for commercial ship propulsion.
Euronaval 2024: BAE Systems’ Herne XLAUV Technology Demonstrator Gears Up for First In-Water Demonstrations
BAE Systems, in partnership with Canadian marine technology company Cellula Robotics, is poised to start the first in-water capability demonstration of its Herne extra-large autonomous underwater vehicle (XLAUV) in the coming week.
Damen Lays Keels for First of Four Fully-Electric Ferries
Damen Shipyards Galati in Romania hosted a ceremony to lay the keels for the first two of four fully-electric ferries for BC Ferries. With availability of renewable shore power to charge the vessels, the four fully-electric ferries will be able to conduct operations with zero emissions.
Dennis & Phyllis Washington Foundation and Seaspan Announce $5.26 Million Grant for New Trades Training Centre at Camosun College
In an effort to support maritime education and workforce development, the Dennis and Phyllis Washington Foundation, in conjunction with Seaspan, is proud to be donating $5.26 million to establish the Trades Training Centre at Camosun College’s Coastal Centre located in Esquimalt, B.C.
Canadian Maritime Security Network
The Canadian Maritime Security Network is a dispersed research organization, tying together Canadian and international academic and professional organizations engaged in maritime security research. Its purpose is to provide the Government of Canada with timely and relevant policy advice while advancing public understanding of maritime security issues.
Kraken Robotics Completes $51.75 Million Bought Deal Public Offering
Kraken Robotics Inc. is pleased to announce today that it has closed its previously announced “bought deal” short form prospectus offering of common shares of the Company. A total of 32,343,750 Common Shares were sold at a price of $1.60 per Common Share for gross proceeds of $51,750,000.
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