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Sylvie Vachon eyes Montreal logistics/industrial cluster

2011-02-15

In a speech today at a luncheon staged by the Board of Trade of Metropolitan Montreal, Sylvie Vachon, President and CEO of the Montreal Port Authority, announced that an interim committee has been formed to analyze the possibilities of forming a logistics and transportation industrial cluster in the Montreal region. Ms. Vachon chairs the committee established at the initiative of the Communauté métropolitaine de Montréal.

Regarding the port's capacity to meet global market demands and needs of shippers, Ms. Vachon said the investment projects currently in progress will make it possible to raise the annual container-handling capacity from 1.6 million to 2 million containers by 2016.

An eventual expansion on the Contrecoeur site could raise Montreal's capacity to 3 million containers by 2018, Ms Vachon indicated.

 
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Seaway announces
new Service Incentive Program

2011-02-14

The St. Lawrence Seaway Management Corporation (SLSMC) announced on Feb. 14 the launching of a new Service Incentive Program, effective at the start of the 2011 navigation following the annual winter closing. The program targets carriers calling the Great Lakes region and potential service providers looking to expand their scheduled services.

The program notably strives to assist carriers in developing or expanding liner or semi-liner services between the Great Lakes and global markets.

The service incentive, combined with the New Business Incentive, is to offer a total savings of 40% on tolls and assist in the development of new export traffic and cargoes.

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CN service agreement
with Montreal container terminals

2011-02-09

Canadian National Railway, the Montreal Port Authority (MPA), Montreal Gateway Terminals Partnership (MGT) and Termont Montreal have concluded agreements to enhance supply chain efficiencies for container traffic. The two agreements complement a framework accord that CN and the MPA concluded last September.

The tripartite agreement establishes key performance indicators to improve the fluidity of the Montreal gateway. These include specific metrics for container dwell times at terminals, railcar availability, rail on-time and vessel performances.

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Canadian Wheat Board
buying two bulk carriers

2011-02-08

In an unprecedented initiative,  Prairie farmers will become owners of ships that move their wheat on the Great Lakes under an agreement announced in Winnipeg today (Feb. 8) between the Canadian Wheat Board (CWB), Algoma Central Corporation and Upper Lakes Group Inc.

The CWB is purchasing two new laker vessels being built in China that will be ready for service in 2013 as part of a larger purchase by Algoma and Upper Lakes.

The CWB's cost for the two ships is $65 million, equal to approximately $1 per tonne, paid over the next four crop years. Prairie farmers also own a fleet of 3,400 rail hopper cars that move wheat and barley to ports and domestic customers.

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Port Metro Vancouver
launches enhanced box capacity program

2011-02-07

Port Metro Vancouver has launched what it called a new Container Capacity Improvement Program as part of long-term strategy to meet future growth and demand in Canadian international trade.

Container traffic through PMV is expected to double over the next 10 to 15 years, and to nearly triple by 2030. Last year, the port handled a record 2.5 million TEUs, as box volume climbed 17% following a period negatively impacted by the 2008-2009 recession.

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