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Davie lays off 1590 employees

2010-02-26

Davie Yards on the St. Lawrence River off Quebec City announced on Feb. 25 it has filed for bankruptcy protection and will lay off some 1,590 employees, most of them temporarily, beginning March 1. About 60 employees will continue working on a project underway while new financing is sought.

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Port of Montreal receives more federal infrastructure investment

Le Port de Montréal reçoit plus d'investissements fédéraux d'infrastructure

2010-02-19

To further optimize infrastructure at the Port of Montreal, the federal government announced it will provide up to $4.65 million in funding to improve the electrical facilities, control equipment and network management for increasing access point capacity along the Hydro-Quebec network at the port. The Montreal Port Authority is to cover the remaining costs of a project estimated to total $9.3 million.

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Port Metro Vancouver posts 2009 cargo decline

Diminution des cargaisons à Port Metro Vancouver en 2009

2010-02-18

Port Metro Vancouver has announced an 11% decline in volume at 102 million tonnes in 2009. Bright spots, however, were significant growth in grain, specialty crops and petroleum products.

While total container throughput fell by 14% to 2.2 million TEUs as a result of the global recession, there was a small uptick in export laden containers.

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Great Lakes marine industry forming binational information centre

La communauté maritime des Grands Lacs crée un centre binational d'information spécialisée

2010-02-18

The Canadian and U.S. Great Lakes marine industries have decided to establish this spring a binational information resource centre, which will be based at a U.S. port on the Great Lakes and come under the branding name of Marine Delivers. The undertaking stems from growing frustration over the persistent attacks of environmental lobbies, a plethora of confusing regulatory initiatives by individual U.S. states in particular, and perceived unfair coverage of the marine mode in certain media outlets.

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Huge slowdown in containership deliveries

Ralentissement considérable des livraisons de porte-conteneurs

2010-02-18

According to analysis by London-based Clarkson Research in its latest Container Intelligence Quarterly, containership delivery delays and cancellations, in addition to demolition, are making a dramatic impact on fleet projections. Annual global capacity growth of just over 5% is now forecast this year and 2011.

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