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Canola exports boost Thunder Bay grain cargo

2019-07-05

The Port of Thunder Bay reported strong cargo volumes at the end of June. Shipments of Prairie grain, the port's primary commodity, remained ahead of last year's pace in June, continuing a three-month trend.

While total cargo volumes are up 7%, year-to-date grain volumes of 2.5 million metric tonnes (MT) are 9% higher than the same period last year. This is largely attributable to a ten-fold increase (+200,000 MT) in canola exports through the port this season. Canola exports from Thunder Bay to Europe and Latin America have surged since China, Canada's largest canola customer, closed its doors to Canadian shipments of the commodity. Canola shipped to China moves through the West Coast ports of Vancouver and Prince Rupert.

Other cargoes crossing the docks in Thunder Bay during June included coal and potash mined in Western Canada, liquid calcium chloride for local consumption and an inbound shipment of pulp and paper mill equipment. (Photo TBPA)

 
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Rand Logistics appoints Peter Coxon as CEO

2019-07-04

Jersey City, NJ - Rand Logistics, Inc., a leading provider of bulk freight shipping and ship repair services throughout the Great Lakes Region, has announced the appointment of Peter Coxon as Chief Executive Officer ("CEO"). He will also join Rand's Board of Directors.

Mr. Coxon brings over 30 years of maritime industry experience to Rand as both an operator and customer. His experience includes senior leadership roles in a number of organizations, including SEACOR Holdings Inc., the Atlantic Richfield Company, and Par Petroleum (now Par Pacific). He has led multiple businesses and corporate functions, including serving in leadership positions in marine logistics and vessel construction, energy marketing and logistics, refining and marketing, information technology, startups, and mergers and acquisitions.

Prior to his private sector career, Mr. Coxon served for 13 years as a commissioned officer in the United States Coast Guard and Coast Guard Reserve. He holds two Master's degrees from the Massachusetts Institute of Technology (MIT) as well as an MBA in finance from the University of Southern California. He is a graduate of the United States Coast Guard Academy.

"We are thrilled to partner with Peter to lead Rand into its next stage of growth," stated Jason Perri, a Rand Board Member and Partner at American Industrial Partners, Rand's owner. "Peter has an excellent track record of success in growing and transforming similar businesses." (Photo Rand Logistics)

 
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CN record grain shipments continue

2019-07-03

WINNIPEG, Manitoba-- CN announced that western Canadian grain movement in the month of June exceeded 2.3 million metric tonnes (MMT), compared to the three year average of 1.80 MMT and June 2018's result of 1.99 MMT. The cumulative total of tonnage moved for the 2018-19 crop year is on record pace at 25.5 MMT, or one million metric tonnes ahead of the previous record pace, despite the restrictions on Canadian exports to China. The bulk of these exports are shipped via the ports of Vancouver and Prince Rupert.

"Our dedication to providing outstanding service for the Canadian economy contributes to Canada's reputation as a strong and stable supply chain provider," said JJ Ruest, president and chief executive officer at CN. "We are investing $210M in rail capacity in North Vancouver to support the expanding coal and grain export terminals and to further encourage the growth of natural resources export supply chains."

"Our investments and dedicated grain team focused our efforts onto what is going to be a record year," said Allen Foster, vice president of Bulk at CN. "We are optimistic that the strong pace of shipments we've seen in June takes us through to the end of the crop year and we can build on our record shipment pace."

 
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Fednav takes delivery of new vessel with historic name

Fednav lance un nouveau navire avec un nom chargé d'histoire

2019-06-28

 

At the Oshima Shipyard in Japan, Fednav today took delivery of the Federal St Laurent, its latest Great Lakes suitable handysize vessel. The ceremony was attended by officials from both Fednav and Oshima together with Ms. Denisha Lubiani of Alcoa, the godmother of the vessel.

The Federal St Laurent is a 34,500 DWT international ice-class bulk carrier, flagged in the Marshall Islands. Built to trade in the St. Lawrence River and the Great Lakes, the vessel is certified by DNV GL. It emits 30% less greenhouse gases than similar vessels built 20 years ago and is equipped with an Optimarin ultraviolet ballast water treatment system

Named in honour of the river that flows along the company's headquarter city, Montreal, and to celebrate Fednav's 75thanniversary, the vessel is the fourth Federal St Laurent in Fednav's history. The name has always represented the company's special bond to the St. Lawrence River (St. Laurent in French) and its maritime community.

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Waterfront labour deal ratified on Canada's West Coast

2019-06-26

Canada's West Coast ports appear poised for waterfront labour peace for five years following the ratification of a new collective agreement between the British Columbia Maritime Employers Association (BCMEA) and International Longshore and Warehouse Union Canada. Paving the way was a compromise on addressing the automation issue.

"Through a collaborative effort, and with both sides having worked hard to reach a tentative collective agreement on May 30, we have now ratified that agreement, and we are looking forward to next steps in our working relationship, and to continue to bring stability to the West Coast of Canada for the next five years," said BCMEA Chairman Jeff Scott.

The several thousand members of ILWU Canada last week accepted the terms of the settlement by a majority of 77%.

Negotiations had broken down in late May, leading to a brief lockout by employers at the Port of Vancouver.

Vancouver,  Prince Rupert and other ports on the Pacific Coast account for more than half of Canada's total commercial marine traffic. (photo VFPA)

 
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