Post

Three teams qualified to design and build the Contrecoeur container terminal

MONTRÉAL – The Montreal Port Authority (MPA) today announced that following the Request for Qualification (RFQ) process for the design and construction of the Contrecoeur container terminal, three teams have been qualified, marking yet another project milestone. The qualified teams are (in alphabetical order): Ancre Contrecoeur, represented by Dragados Canada, with which AECOM Consultants is associated …

Three teams qualified to design and build the Contrecoeur container terminal Read More »

Cyprus pushes for greener shipping by reducing annual tonnage tax

  The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact, ensuring shipowners are rewarded for sustainable …

Cyprus pushes for greener shipping by reducing annual tonnage tax Read More »

Seaway continues to demonstrate resiliency during 2020 Pandemic

Cornwall, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) announced today that nearly 38 million tonnes of cargo transited the system during the 2020 navigation season, which closely matched last year’s results. “Considering the impact of the worldwide pandemic, we are very pleased with these traffic results”, said Terence Bowles, President and CEO of the …

Seaway continues to demonstrate resiliency during 2020 Pandemic Read More »

NEAS confirms switch to port of Bécancour

MONTRÉAL–Beginning with the 2021 summer sealift season, NEAS Group announced today it will be serving customers across Canada’s Eastern and Western Arctic from a new expanded Cargo Service Center and bigger Marine Terminal at the Port of Bécancour.  A NEAS spokesperson said, “The announcement confirms the carrier’s shift from Valleyfield to Bécancour as its main staging ground in Eastern …

NEAS confirms switch to port of Bécancour Read More »

The Poseidon Principles Disclosure Report is good, but the disclosure could have been better (Forum)

In December 2020, the signatories of the Poseidon Principles—currently twenty large banks—released their first Annual Disclosure Report. As the first paragraph of the report says: “This report represents the first time signatories of the Poseidon Principles disclose the climate alignment of their ship finance portfolios. It marks a significant milestone in the joint efforts of …

The Poseidon Principles Disclosure Report is good, but the disclosure could have been better (Forum) Read More »

World Shipping Council pleads for more collaboration to mitigate Covid-19 challenges (Forum)

Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage says the World Shipping Council.  When demand dropped some 20-30% in Q2 2020, carriers curtailed services and idled vessels. However, as cargo volume rose, carriers redeployed those assets as quickly as possible. Alphaliner …

World Shipping Council pleads for more collaboration to mitigate Covid-19 challenges (Forum) Read More »

As it stands, crew changes will get worse before they get better

Crew changes are once more becoming difficult as much of the world locks down again following the emergence of several new and more transmissible variants of Covid-19, warns crew specialist Danica. With travel corridors being closed and new travel restrictions imposed, airlines are once again cancelling or reducing flights which poses a problem for crew …

As it stands, crew changes will get worse before they get better Read More »

Logistec’s Gulf Stream Marine add five terminals in Texas to Green Alliance

Montréal – Logistec Corporation (“Logistec”) and its U.S. Gulf Coast affiliate, Gulf Stream Marine, Inc. (“GSM”), announced the addition of five terminals in Texas that will be certified as part of the Green Marine Environmental Certification Program. GSM’s Corpus Christi, Manchester, Brownsville, Care and Freeport terminals in Texas will be joining Logistec’s 13 other Green Marine …

Logistec’s Gulf Stream Marine add five terminals in Texas to Green Alliance Read More »

Logistec Stevedoring appoints Phil O’Brien as Vice-President, Business Development

MONTREAL- Logistec Stevedoring Inc. is very pleased to welcome Philip O’Brien to the Logistec team as Vice-President, Business Development. Mr. O’Brien will lead Logistec’s experienced sales and business development team, accelerating revenue through network expansion, developing new opportunities and contributing to Logistec’s bold growth strategy. He succeeds Frank Vannelli who has retired.  Mr. O’Brien was formerly President …

Logistec Stevedoring appoints Phil O’Brien as Vice-President, Business Development Read More »