Ports

Logistec reports strong 2019 results

Montreal-based marine and environmental services provider Logistec Corporation announced consolidated revenue of $639.9 million in 2019, an increase of $55.1 million or 9.4% over 2018. Logistec provides specialized services to the marine community and industrial companies in the areas of bulk, breakbulk and container handling in 34 ports and 60 terminals in North America. The marine services segment posted revenue of $385.3 million …

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Port of Montreal cargo activity at full capacity

Freight transport operations are running at full capacity, the Port of Montreal reported today.” No cancellations have occurred, and rail transport continues as scheduled. Road transport and terminal operations are ongoing. We will continue to follow Transport Canada guidelines and monitor the impact of COVID-19 on Port operations.” The MPA is closely following the directives of federal …

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Double whammy hits Canadian agri-food exporters

By Leo Ryan EditorMaritime Magazine Severely hit by February’s three week Indigenous rail blockades over a pipeline project in British Columbia, the Canadian agri-food industry – a vital pillar of Canada’s economy – is being further hammered by the ripple effects of the global coronavirus pandemic. This is no small matter for the world’s fifth …

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Port of Thunder Bay well-placed to handle grain backlog

The late opening of the St. Lawrence Seaway’s Montreal-Lake Ontario section on April 1 due to high water levels on Lake Ontario affects the whole waterway, but the impact could be limited on the Lake Superior Port of Thunder Bay, indicates Tim Heney, CEO of the Thunder Bay Port Authority. The high water conditions have …

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Ocean Group breaks into Canada’s West Coast market

Québec – Ocean Group announced  that it has been awarded several contracts in British Columbia in various sectors of its activities. After more than three years of presence in Alberta, Ocean Group is now extending its services to the Canadian west coast. “It goes without saying that a great deal of development work has been …

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Berkshire Hathaway abandons $4 billion investment in Saguenay LNG project

Warren Buffett’s investment company Berkshire Hathaway has decided not to invest $4 billion in a liquefied natural gas (LNG) plant by the Saguenay port, according to Radio-Canada, CBC News reported. The marine terminal to ship LNG to overseas markets is slated to be built roughly 230 kilometres northeast of Quebec City, at a cost of …

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Cargo moving closer to normal at Montreal and Halifax

With CN freight services on the East Coast restored last week following the lifting of key Indigenous blockades lasting more than two weeks, the ports of Montreal and Halifax are making progress in reducing cargo backlogs and recapturing normal traffic flows. “We are seeing improvements and are concentrating now on restoring full fluidity with CN …

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Port of Vancouver posts small cargo decline in 2019

The Vancouver Fraser Port Authority announced that overall cargo through the port was 144 million metric tonnes in 2019, down 2% from the 2018 record of 147 million metric tonnes but the second highest in port history. Sectors that experienced declines, including foreign petroleum products and domestic forest products, were offset by record growth in …

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Transportation paralysis spreading across Canada as Indigenous protests escalate

Container pile-ups at the key ports of Vancouver, Montreal and Halifax were reaching critical dimensions Tuesday as anti-pipeline protests and demonstrations in solidarity with Wet’suwet’ hereditary chiefs spread across Canada. In the vicinity of the Port of Vancouver alone, more than 50 ships are sitting at anchor, while some carriers are diverting their vessels from …

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