St. Lawrence Seaway cargo shipping activity improved in June

According to the latest results published by the Chamber of Marine Commerce, exports buoyed shipping activity through the St. Lawrence Seaway in June, with U.S. coke and Canadian potash heading to overseas destinations for the season reaching a 20-year record high.

Piracy attacks on sea shipping at lowest level in decades

The International Chamber of Commerce’s (ICC) International Maritime Bureau (IMB) announced that it received the lowest number of reported incidents for the first half of any year since 1994 – a testament to its pivotal role in raising awareness to make waters safer.

Major economies continue to show restraint in use of trade restrictions

According to the latest World Trade Organization (WTO) Trade Monitoring Report on G20 trade measures, the World’s major economies have continued to exercise restraint in the use of trade-restrictive measures despite increasing economic uncertainty aggravated by the COVID-19 pandemic and the war in Ukraine.

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