CANADA Daily News and Updates

Ocean Updates Seaspan, Algoma Steel and Stigterstall Unveil Strategic Partnership to Expand Shipbuilding in Canada Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at re-establishing a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. The memorandum provides a framework for the three companies to assess the feasibility of Algoma Steel supplying Class and non-Class steel to Seaspan through Stigterstaal, who will act as a commercial and logistical subcontractor. All parties will engage in discussions to evaluate technical, commercial and logistical requirements for Seaspan’s first-in-class icebreaker build. The collaboration also seeks to strengthen Canadian industrial capabilities and support the long-term sustainability of the national shipbuilding sector. Read more in an article from Maritime Magazine.