Post

Port of Montreal adding capacity to support Ontario business

  The important business relationship linking the Port of Montreal and Ontario companies will continue and strengthen in the years ahead, said Martin Imbleau, President and Chief Executive Officer of the Montreal Port Authority, in a speech on March 30 at the Toronto Region Board of Trade Transportation Symposium. The Ontario market, which accounts for about two million containers per year, could …

Port of Montreal adding capacity to support Ontario business Read More »

Chamber of Marine Commerce extols federal budget investments in a more sustainable economy

  The Chamber of Marine Commerce (CMC) has welcomed a wide range of new investments by the Government of Canada through Budget 2023 that will leverage the unique strengths of a marine industry that is simultaneously the most carbon efficient and cost-effective mode of moving cargo.  Specifically, the CMC welcomes investments to support the development …

Chamber of Marine Commerce extols federal budget investments in a more sustainable economy Read More »

Ports of Indiana solicits new operator for agricultural terminal

  Ports of Indiana has issued a Request for Qualifications (RFQ) to identify potential operators of the International Ag Shipping Terminal at Ports of Indiana-Burns Harbor. The 7-million-bushel terminal has transload capabilities for ocean ships, lake vessels, river barges, unit trains and trucks. This is the first time the Lake Michigan terminal is available for a …

Ports of Indiana solicits new operator for agricultural terminal Read More »

ACPA welcomes support of Canada’s ports and supply chains in federal budget

  As Canada seeks to decarbonize and address its supply chain challenges, the Federal Budget is a clear step in the right direction by announcing important enhancements and supports to Canada’s ports and supply chains. The Association of Canadian Port Authorities (ACPA) said it is pleased to see the government acknowledge key elements that need …

ACPA welcomes support of Canada’s ports and supply chains in federal budget Read More »

Canada funds research for rebuilding Ukraine’s transportation infrastructure

  Canada’s Minister of Transport, Omar Alghabra, has announced an investment of $300,000 to the International Transport Forum (ITF) under the Clean Transportation System – Research and Development program (CTS R&D). The funding will help support the important research work of the ITF with respect to the rebuilding of Ukraine’s transportation infrastructure and supply chains to make them greener, more …

Canada funds research for rebuilding Ukraine’s transportation infrastructure Read More »

No rapid recovery anticipated of container shipping rates

  Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final quarter of 2022, marking the traditionally busiest period of the year as the ‘peak season without a peak’. Volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple …

No rapid recovery anticipated of container shipping rates Read More »

Multimodal transload facility planned in CN Calgary Logistics Park

  CN, Trealmont Transport Inc. (Montship Inc.) and Kaptan US LLC have announced they have reached an agreement to develop a multimodal transload facility located in CN’s Calgary Logistics Park. The new facility is planned to be operational in the third quarter of 2024. Kaptan and Trealmont Transport Inc. (Montship Inc.) have agreed to purchase …

Multimodal transload facility planned in CN Calgary Logistics Park Read More »

Port of Montreal welcomes additional Quebec government funding for Contrecoeur project

  The Montreal Port Authority (MPA) has welcomed the additional financial support of $75 million granted to its expansion project in Contrecoeur by the Government of Quebec as part of the 2023-2024 budget unveiled last week by Finance Minister Éric Girard. It adds to the $55 million announced in 2021 by the Quebec government. The …

Port of Montreal welcomes additional Quebec government funding for Contrecoeur project Read More »

Chantier Davie Canada exercises option to purchase Helsinki Shipyard

  Helsinki, Finland – Chantier Davie Canada Inc. of Lévis, Quebec has announced the exercise of its exclusive option to purchase the assets of Finland’s Helsinki Shipyard Oy (HSO) in a move aimed at creating a leading international hub for Arctic shipbuilding. Exercising the option to purchase does not mean an acquisition is completed. It is …

Chantier Davie Canada exercises option to purchase Helsinki Shipyard Read More »