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Grain declines and general cargo surges at Port of Thunder Bay

The Port of Thunder Bay handled lower tonnages in August, with grain shipments dropping to a three-year low for the month.  Year-to-date grain shipments of 4 million tonnes are now 1 million metric tonnes (MT) lower than last year’s 25-year high volume, marking a return to normal volumes.  Despite the drop in cargo tonnage, there

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World’s largest civilian hospital ship, the Global Mercy, to arrive soon in Antwerp with Canadian Volunteers

ANTWERP – In the run-up to the International Day of Charity (Sunday 5 September), Mercy Ships is announcing good news. The Global Mercy, the newest hospital ship of Mercy Ships, is almost in Antwerp.  Local citizens are being invited to line the river to watch the ship sail in. The Global Mercy completed its journey through the Suez Canal and the ship

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CP issues ultimatum to KCS on acquisition offer

Canadian Pacific Railway is giving Kansas City Southern another chance to accept a previously rejected USD $27 billion acquisition offer after US regulators Tuesday dealt a blow to a proposed KCS link-up with rival Canadian National. But CP, in a new hardline stance, has told KCS it must accept the offer by Sept. 12 or

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Crowley deal with Shell for building huge LNG bunker barge

Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG, LLC, providing for the building and operation of a new, U.S.-built, LNG bunker barge. Upon construction, the barge will be the largest Jones Act-compliant vessel of its kind, helping to expand current network capacity and meet demands for cleaner energy. “The new bunker

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STB rejects CN Voting Trust to acquire KCS

The US Surface Transportation Board (STB) Tuesday rejected an application from Canadian National Railway to use a voting trust in its deal to acquire Kansas City Southern, throwing the $30 billion deal between the two Class I railroads into question and leaving  KCS management and shareholders with limited recourse, indicated a report by Ari Ashe,

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Port of Trois-Rivières is awarded Québec financial support for Terminal 21 construction

Trois-Rivières, QC – A new and significant step has been taken in the Terminal 21 construction project with the confirmation of substantial funding of $22.5 million from the Ministère des Transports du Québec under the Advantage St. Lawrence program. Ms. Chantal Rouleau, Minister for Transport, Mr. Jean Boulet, Minister of Labour, Employment and Social Solidarity

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Seaway cargo up 5% at end-July from a year ago

Boosted by strong shipments of cement, steel and steel-making materials, overall cargo volumes on the St. Lawrence Seaway through to the end of July reached 16.7 million metric tons, 5 per cent ahead of 2020 totals. Year-to-date iron ore shipments via the Seaway reached 3.5 million metric tons from March 22 through July, a 23 per cent

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