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Major Canadian ports
15-year investment needs approach $6 billion

2011-05-30

Within a 15 year time horizon, the total identified infrastructure investment needs and plans of major Canadian ports have been estimated at $5.8 billion by a consultant group completing a study jointly commissioned by Transport Canada and the 17-member Association of Canadian Port Authorities (ACPA).

"Clearly, the needs are greater than available funding," Marc-Andre Roy, Vice-President of CPCS Transcom, said on May 30 on the first day of the 10th Annual Port/Government Interface staged by ACPA in Ottawa.

Of the $5.8 billion total, one third, or nearly $2 billion, is related to the rehabilitation of existing port assets while 67%, or $3.9 billion refers to new port infrastructure projects.

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Green Marine industry report card
shows further improvement

2011-05-26

The 2010 environmental report card from Green Marine on the performance of the Canadian and U.S. marine industries revealed significant improvement, with the greatest progress shown by shipowners in reducing their carbon and sulphur oxide emissions.

A certification ceremony was staged in Chicago on May 25 on the occasion of Green Tech 2011, the fourth such annual conference. Some 50 members in the voluntary Green Marine program received their certification for testifying their adherence to the environmental program.

The members include shipowning companies, ports, terminals and shipyards based in the Great Lakes-St.Lawrence, Atlantic and Pacific regions.

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Mediterranean traffic driving Montreal
container cargo back to record heights

2011-05-26

Bolstered by a significant growth in business with the Mediterranean region, Montreal's container traffic should recapture its pre-recession record level of 1.5 million TEUs in 2008 by early 2012, Sylvie Vachon, President and CEO, told Maritime Magazine following the port's annual general meeting on May 26.

Already, in 2010, the volume of container traffic with the Mediterranean rose by 33% to represent 20% of total box throughput of 1.3 million TEUs.

"This reflects the importance of hub ports in the Mediterranean that receive cargo from Southeast Asia via the Suez Canal," Ms Vachon said, adding: "In five years, the tonnage on services with the Meditterranean has increased by whopping 89%."

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American Feeder Lines launching
New England-Halifax shuttle

2011-05-18

Newly-created American Feeder Lines (AFL) is launching a weekly container service connecting with global liner carriers via the ports of Boston, Portland and Halifax. "Our first sailing is to depart Portland on May 28," Andrew Haines, Boston-based Vice-President Line Management for the service, told Maritime Magazine.

The German-built, UK-flag AFL New England has a capacity of 700 TEUs, with 100 reefer plugs.

Under the planned rotation, the vessel will arrive at Ceres terminal in Halifax on Wednesdays, Halterm terminal in Halifax on Fridays, at Portland's IMT facility on Sundays and at Boston's Conley terminal on Tuesdays.

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Major initiatives highlight Algoma Central annual report

2011-05-16

Renewing its Great Lakes shipping fleet will ensure that Algoma Central Corporation meets its ambitious sustainability goals and plays a significant role in helping Canada to maintain the health of its air and waterways, underlines the first-ever environmental report of the St. Catharines-based company released at its recent annual general meeting. It was one of the highlights of the annual 2010 report along with major fleet renewal and the completion of a $85 million acquisition of Upper Lakes Group's interests in dry bulk shipping.

Algoma terminated 2010 with assets of $741 million and revenues of $536 million. The company now employs more than 2,000 people worldwide and controls a fleet of 21 self-unloaders, 12 gearless bulkers, and 7 product tankers.

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