
Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi

Canadian shipbuilder Irving Shipbuilding has decided to invest in Green Harbour Project developed by the Verschuren Centre, which aims to make Halifax Harbour a net-zero emitter by 2050.