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LOGISTEC Corporation reports record results in 2022

  LOGISTEC Corporation, a leading Canadian marine and environmental services provider, has announced its financial results for the year ended December 31, 2022. Pursuing its long-term sustainable growth strategy, LOGISTEC reported historic results surpassing an all-time high in an economic context favorable to its activities. Consolidated revenue totaled $897.6 million in 2022, an increase of $153.9 million or 20.7% over

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European Union finalizes deal on cleaner maritime fuels

  The European Parliament and Council early today reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the European Union become climate neutral. The provisional agreement between the European Parliament and Council negotiators sets up a fuel standard for

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65th navigation season opens on St. Lawrence Seaway

  Montreal – Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC), and Adam Tindall-Schlicht, Administrator of the Great Lakes St. Lawrence Seaway Development Corporation (GLS), today kicked off the 65th navigation season on the St. Lawrence Seaway. They were joined by Transport Canada Associate Deputy Minister Dominic Rochon, Christopher Coes, U.S.

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India becomes Port of Montreal’s top trading partner

  The year 2022 marked a major turning point in Montreal’s international trade relations, as the Port of Montreal’s main partner country in the container sector became India. In all, close to 1.6 million tonnes of containerized cargo to and from the country were handled at the Port. Over the past 10 years, the Port

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Canadian ship owners welcome maritime personnel from war-torn Ukraine

  (Primary Photo) Wife and son of Ukrainian seafarer Viacheslav Solianyk are pictured visiting the wheelhouse of a Desgagnés vessel. Julie Gedeon* Ruslan Butenko is eager to see his new work schedule as a Captain in Training on Algoma Central Corporation’s domestic vessels. He’s already sailed aboard the Algoma Intrepid, learning for the first time

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CN and Unifor reach tentative agreements

  CN has announced that new tentative collective agreements have been reached between the Unifor union and CN. The collective agreements cover approximately 3,000 CN employees working in various departments such as Mechanical, Intermodal, Facility Management, and in clerical positions in Canada. “We are very pleased to have reached these tentative agreements,” said Tracy Robinson,

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