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Outlook & Strategy

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green corridor
Outlook & Strategy

New initiative to explore world’s first cruise-led green corridor

The U.S. Port of Seattle, Alaskan City and Borough of Juneau, Canada’s Vancouver Fraser Port Authority, major cruise lines, as well as the Global Maritime Forum, Blue Sky Maritime Coalition, and Washington Maritime Blue have announced a new commitment to explore the feasibility of the world’s first

about 4 years ago
Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says
Outlook & Strategy

Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says

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Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.

about 4 years ago
Port of Halifax offers incentives to reduce vessel emissions
Outlook & Strategy

Port of Halifax offers incentives to reduce vessel emissions

In order to reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI).

about 4 years ago
Montreal
Outlook & Strategy

Port of Montreal joins UN Global Compact

On Earth Day, Canada’s Montreal Port Authority (MPA) joined the United Nations Global Compact, a global initiative focused on developing, implementing and promoting good corporate sustainability practices.

about 4 years ago
In focus: Americas take the offshore energy helm
Outlook & Strategy

In focus: Americas take the offshore energy helm

The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.

about 4 years ago
1,250MW subsea, underground link to bring clean energy to New York City
Outlook & Strategy

1,250MW subsea, underground link to bring clean energy to New York City

The New York State Public Service Commission (PSC) has approved the 1,250 MW subsea and underground transmission line that will bring clean and renewable power from the Canadian border to New York City (NYC).

about 4 years ago
LNG Canada appoints new CEO
Outlook & Strategy

LNG Canada appoints new CEO

Shell-led joint venture LNG Canada has appointed Jason Klein as its new CEO, effective 13 April 2022.

about 4 years ago
clean hydrogen Nova Scotia to become Canada's clean hydrogen production leader
Outlook & Strategy

Canada in push to position Nova Scotia as clean hydrogen hub

The governments of Canada and Nova Scotia have moved to position Nova Scotia as “a world leader in offshore wind and clean hydrogen production.”

about 4 years ago
The Bay du Nord FPSO development concept - Equinor - Canada
Outlook & Strategy

Canada caught between a rock and a hard place as decision on giant new oil project draws near

The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.

about 4 years ago
green shipping corridor
Outlook & Strategy

Canada eyeing green shipping corridor in the Great Lakes

Members of Canada’s Chamber of Marine Commerce (CMC) are looking to explore the potential for a multi-stakeholder initiative to establish a new Canadian Green Shipping Corridor in the Great Lakes – St. Lawrence waterway.

about 4 years ago
LNG Canada CEO resigns
Outlook & Strategy

LNG Canada CEO resigns

Shell-led joint venture LNG Canada informed that Peter Zebedee has decided to step down as CEO, effective 29 March.

about 4 years ago
vessel electrification
Outlook & Strategy

COVE: Nova Scotia ready for vessel electrification

A new study by the Centre for Ocean Ventures & Entrepreneurship (COVE) has shown that Nova Scotia’s ocean sector has significant market potential to develop and deliver vessel electrification and associated technologies.

about 4 years ago
competition
Outlook & Strategy

Five competition watchdogs to focus on collusion in international trade

Five competition authorities have formed a working group to help prevent anti-competitive conduct from occurring in the supply and distribution of goods.

about 4 years ago
SAAM
Outlook & Strategy

SAAM Towage Canada forms industry 1st alliance with indigenous communities

Tug services provider SAAM Towage Canada has signed a strategic alliance agreement with Coast Tsimshian Enterprises, a 100% indigenous-owned collaborative undertaking between Lax Kw’alaams and Metlakatla First Nation.

about 4 years ago