Maritime Magazine

CMC issues red flag on raising Moses-Saunders dam water levels

Ottawa, ON – Closing the St. Lawrence Seaway in December to accommodate higher water outflow at the Moses-Saunders dam, as called for by some resident groups, would cost the Canadian and U.S. economies $250 million/per week, according to the Chamber of Marine Commerce. Such a move would impact farmers’ grain exports, manufacturing plant operations and […]

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The St. Lawrence: an economic lever, ecological jewel, and source of recreation

Since its founding nearly two hundred years ago, the Chamber of Commerce of Metropolitan Montreal has always been very active in strategic issues related to the development of the St. Lawrence. The Chamber therefore added its voice to consultations about the maritime vision of the Ministère des Transports du Québec, which wanted feedback from all

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Chamber of Shipping warns lengthy CN strike could spark ship diversions

VANCOUVER –  While it is encouraging that the parties continue to negotiate, the impacts of the current CN Rail disruption and the probability that it will extend into a second week is untenable, stated the Chamber of Shipping which represents shipping lines and their agents trading internationally and domestically. A lengthy disruption could potentially divert

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Logistec USA and Waterson Terminal Services expect growth in lumber handling at ProvPort

MONTRÉAL, Nov. 22, Marine terminal operators Logistec USA Inc. (“LOGISTEC”) and. Waterson Terminal Services, LLC (“WTS”), who entered into a cargo-handling agreement in June at ProvPort, in Providence (RI), are preparing to handle an increased volume of lumber to meet growing demand in the northeastern U.S. markets. The first vessel of specialized lumber from Europe, destined

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Panama Canal reminds shipping industry IMO 2020 is just around the corner

On November 6 this year, the Autoridad del Canal de Panama sent a reminder to all shipping agents, owners, and operators concerning Fuel Requirements in the Panama Canal. Advisory to shipping No. A-39-2019 has been issued because the upcoming international sulphur cap for marine fuels (IMO 2020), which will go into effect January 1, 2020,

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CP to acquire Central Maine and Quebec Railway

Canadian Pacific and Fortress Transportation and Infrastructure Investors (FTAI) announced they have entered into a definitive agreement whereby CP will acquire the Central Maine & Quebec Railway (CMQ).The transaction is expected to close by the end of this year. CMQ owns 481 miles (774 kilometres) of rail lines primarily in Quebec and Maine. The end-to-end transaction will provide CP customers with

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IMO agrees a goal-based approach to help cut emissions is best for now

The IMO, which met in London this week to discuss how the shipping industry can continue to decarbonize, has agreed that a mandatory goal-setting approach is the best way to reduce carbon emissions in the short-term. Full details of the approach will be discussed next year. States and NGOs discussed the details and the complexities of the

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