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The Port of Montreal’s Contrecœur expansion enters a new phase 

  MONTREAL – The Montreal Port Authority (MPA) is entering a new phase in achieving its Contrecœur expansion as it prepares to launch a Design-Build-Finance-Operate-Maintain (DBFOM) procurement process that will be open to national and international industry players. “Factoring in our timeline, we are proceeding with the development and implementation of the Contrecœur container terminal through

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Grain surge eases at Port of Thunder Bay

  The June cargo tally at the Port of Thunder Bay is indicating a return to normal after a year of remarkable grain volumes. Year-to-date grain shipments remain above average, but well behind last year’s peak volumes at 2.7 million tonnes versus 3.3 million tonnes The record Prairie grain stock from 2020 has been substantially

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ArcelorMittal celebrates 60 years of its seaport in Port-Cartier (in French)

  PORT-CARTIER, QC, – ArcelorMittal Infrastructure Canada (« ArcelorMittal ») a tenu à souligner le 60e anniversaire de la toute première expédition de minerai de fer au départ du port de mer de Port-Cartier. En juillet 1961, un tout premier navire quittait Port-Cartier avec la cargaison inaugurale alors que la construction de ce qui allait devenir le

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TSB Canada reports decline in marine accidents

  In its transportation statistics 2020, TSB Canada recorded a total of 262 marine accidents (resulting directly from the operation of a ship), down from the 2019 total of 267 and below the 10-year average of 289. In 2020, the proportion of shipping accidents was 84% of marine accidents, comparable to the previous 10-year average

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Drewry forecasts $80 billion profit in 2021 for container lines

  According to UK-based Drewry maritime consultancy, global container carriers are on track for an annual 2021 profit of $80 billion, and this could even stretch to $100 billion  should rates continue their meteoric rise through the second half of this year. This represents a substantial upgrade to its $35 billion forecast of earnings before

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Ever Given to leave Suez Canal Wednesday

  The 20,388TEU Ever Given is to leave the Suez Canal for Northern Europe after more than three months of legal wrangling, following an agreement announced between the Suez Canal Authority (SCA) and the vessel owners and insurers. “Following the agreement in principle between the parties, and after further meetings with the Suez Canal Authority’s negotiating committee

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Theo meets his new father

  After tasting the pleasures of the old capital for a few days, Theodore TOO approaches Trois-Rivières where he is expected around supper time. Funny fact, Theo symbolically met his new owner when he crossed the M.V. Blair Mckeil off Batiscan. It was indeed Blair McKeil who recently purchased Theodore TOO, he that ran for many

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Many of the twelve largest container carriers have not published their Sustainability Reports for the year 2020 yet

  There is so much talk about the environmental commitment of the largest container carriers. The companies have joined initiatives and promised serious efforts to decarbonize and become more environmentally responsible. However, the first half of 2021 ended yesterday, and seven out of the twelve largest container carriers in the world have not released their

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