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Port of Hamilton receives $17.7 million federal investment to modernize infrastructure

2018-11-13

McKeil Marine's Evans Spirit  won the International Bulk Journal's 2016 Ship of the Year Award during the IBJ's Salute to Excellence in the Maritime Bulk Industry gala awards ceremony in London, UK on November 21.
"It's a fantastic way to closeout our 60th anniversary year: having a vessel named after our founder, Evans McKeil, win this prestigious international award," said Steve Fletcher, President and CEO of McKeil Marine.
Acquired by McKeil in 2015, the Evans Spirit is a cargo ship with the shallow draught characters of a tug and barge; however, compared to a tug-and-barge unit, she can transport approximately 40 per cent more cargo about 50 per cent faster on a very similar amount of fuel.  She is in service throughout the Great Lakes and St. Lawrence River.
Evans Spirit was shortlisted for 2016 Ship of the Year competing with three other vessels: CS Bright, Mitsui OSK Lines, Japan;  Damen Shipyards, Netherlands; and MN Baroque, Swiss Marine, Switzerland. The award is presented to the owner, operator or builder of an outstanding individual bulk ship. Judged on operational efficiency, design innovation, safety and environmental protection, the Evans Spirit was selected as winner. (Photo Paul Beesley).

Transport Minister Marc Garneau visited Hamilton on Nov. 13 to announce an investment of $17.7 million in the Port of Hamilton from the National Trade Corridors Fund (NTCF). The federal investment will be matched by the Hamilton Port Authority (HPA), in support of the port's $35.45 million Westport Modernization Project. The primary project investments begin this year and are slated to be completed in December 2020.

This project will see port lands used more efficiently, and be reconfigured to create new employment land development parcels. New transportation infrastructure will improve efficiency and fluidity for port users. Perimeter areas will add landscaping to improve the port-city interface.

"Our government is investing in Canada's economy by improving our trade and transportation corridors," Mr. Garneau said.
"This project is important because the Port of Hamilton is virtually out of room to grow, yet has unmet demand from users who want to invest in trade-oriented business in Ontario," said Ian Hamilton, President and CEO of Canada's largest Great Lakes port.

HPA's plan for Westport is to create a multi-modal transportation hub. Currently, not all areas of the Westport zone are accessible by rail from other areas of the port. The improvements will also help address the challenge that the port has been facing in recent years of not having enough development-ready parcels of land to meet the demand from potential port users. HPA expects to leverage the new investments into $80-90 million in new business attraction.

 

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Algoma's Q3 results reflect 'strengthening' customer demand

2018-11-13
McKeil Marine's Evans Spirit  won the International Bulk Journal's 2016 Ship of the Year Award during the IBJ's Salute to Excellence in the Maritime Bulk Industry gala awards ceremony in London, UK on November 21.
"It's a fantastic way to closeout our 60th anniversary year: having a vessel named after our founder, Evans McKeil, win this prestigious international award," said Steve Fletcher, President and CEO of McKeil Marine.
Acquired by McKeil in 2015, the Evans Spirit is a cargo ship with the shallow draught characters of a tug and barge; however, compared to a tug-and-barge unit, she can transport approximately 40 per cent more cargo about 50 per cent faster on a very similar amount of fuel.  She is in service throughout the Great Lakes and St. Lawrence River.
Evans Spirit was shortlisted for 2016 Ship of the Year competing with three other vessels: CS Bright, Mitsui OSK Lines, Japan;  Damen Shipyards, Netherlands; and MN Baroque, Swiss Marine, Switzerland. The award is presented to the owner, operator or builder of an outstanding individual bulk ship. Judged on operational efficiency, design innovation, safety and environmental protection, the Evans Spirit was selected as winner. (Photo Paul Beesley).

 

Algoma Central Corporation, a leading Canadian provider of marine transportation services, today announced its results for the three and nine months ended September 30, 2018.  Commenting on the highlights, Ken Bloch Soerensen, President and CEO, stated: "Customer demand is strengthening and we expect this will continue to have positive impacts on daily rates in the Domestic Dry-Bulk segment. "

"In order to provide capacity, we are currently reviewing options to replace the cancelled vessels and in the meantime we look forward to the arrival of the Algoma Conveyer from China in early 2019," Mr. Soerensen added.

For the three months ended September 30,  revenue rose by 16% to $159 million versus the year earlier $137.2 million. For the nine-month period, revenue climbed 14% to $358.6  million.

Net earnings from continuing operations increased 35% for the nine months ended September 30, 2018. This was due to higher operating earnings, including higher earnings from joint ventures and a gain on the disposition of assets within the Domestic Dry-Bulk fleet.
For the third quarter of 2018:
-Domestic Dry-Bulk net earnings increased 8% as a result of improved freight rates.
-Product Tanker revenue increased 24% compared to 2017. The segment is experiencing strong customer demand from its major customer. Subsequent to the quarter, the strong outlook for volumes and sustained levels led the decision to purchase a sixth full size product tanker.
-Ocean Self-Unloaders revenue increased 28% compared to the prior year. This was mainly as a result of the fleet being at full utilization with the return of the Algoma Integrity to the Pool.
-Steps were taken to begin the cancellation of four shipbuilding contracts with a Croatian shipyard as a result of delays encountered in the construction of the ships.
During the third quarter, a new joint venture, NovaAlgoma Bulk Holdings ("NABH") was created. NABH has interests in four deep-sea bulkers operating internationally and is managed out of Lugano, Switzerland. (Photo ACC)

 
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Wärtsilä system aids in preventing damage to vessels and to waterway locks

2018-11-12

McKeil Marine's Evans Spirit  won the International Bulk Journal's 2016 Ship of the Year Award during the IBJ's Salute to Excellence in the Maritime Bulk Industry gala awards ceremony in London, UK on November 21.
"It's a fantastic way to closeout our 60th anniversary year: having a vessel named after our founder, Evans McKeil, win this prestigious international award," said Steve Fletcher, President and CEO of McKeil Marine.
Acquired by McKeil in 2015, the Evans Spirit is a cargo ship with the shallow draught characters of a tug and barge; however, compared to a tug-and-barge unit, she can transport approximately 40 per cent more cargo about 50 per cent faster on a very similar amount of fuel.  She is in service throughout the Great Lakes and St. Lawrence River.
Evans Spirit was shortlisted for 2016 Ship of the Year competing with three other vessels: CS Bright, Mitsui OSK Lines, Japan;  Damen Shipyards, Netherlands; and MN Baroque, Swiss Marine, Switzerland. The award is presented to the owner, operator or builder of an outstanding individual bulk ship. Judged on operational efficiency, design innovation, safety and environmental protection, the Evans Spirit was selected as winner. (Photo Paul Beesley).

The technology group Wärtsilä has developed a lock entry assist system that will facilitate a vessel's approach and entrance into waterway locks. The development work has been carried out in cooperation with the Canada-based CSL Group. The initial deployment of the technology will be on board the 'CSL St Laurent', a 22,600 gross tonnage Trillium class bulk carrier owned by CSL. The ship operates on the waterways of the St Lawrence Seaway and Great Lakes.

The Wärtsilä system comes in response to the increasing size of vessels operating on these waters. When entering the locks along the seaway, the clearance for larger vessels is minimal, and the lock entry itself has become increasingly difficult. Damage to both the ship and the lock walls can be avoided by facilitating the ship's approach path to the locks, thereby making the operation safer, faster, and altogether more efficient.

The lock entry assist system uses high performance global navigation satellite systems (GNSS) to measure the ship's position to centimetre accuracy as it enters the lock. Speed adaptive controls, together with allocation of the thruster and rudder, ensures that the vessel enters the lock in a consistent manner every time, while minimizing the influence of external forces from wind and current. During the entry, the system automatically controls the vessel's lateral position and heading, allowing the operator to focus on controlling the speed of the vessel. A customized touchscreen interface is also being developed to simplify the operation and improve situational awareness.  

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