Canada’s Arctic may be sparse in population but big in the mining business and keeping the region supplied, a challenging task.
The London-based International Chamber of Shipping has strongly objected to proposed Canadian federal legislation that would “formalize” an informal ban on crude oil tanker traffic off British Columbia’s northern coast, affirming it would interfere with international maritime trade. The ICS represents the world’s national shipowner associations and 80% of the global fleet.
Vancouver is aggressively pursuing shipowners from around the world in an ambitious effort to build a world class maritime cluster in the city.
Following extensive experience with a long-established stevedoring enterprise on the St. Lawrence River, Philip O’Brien decided last year that he wanted to break out on his own, anchored by two well-regarded industry partners in the region. So today, Castaloop, the first new stevedoring enterprise created in eastern Canada in several decades, is off and running.
A high-ranking commander of the Canadian Navy has proclaimed the advent of “a new oceanic age” characterized by surging maritime commerce, global power politics, the impact of climate change in the Arctic region, and the challenges for the United States especially of China’s expanding involvement.
Widely praised as a visionary leader, Prince Rupert Port Authority president and CEO Don Krusel has announced his retirement after guiding the remote port in Northern British Columbia for 25 years. He has notably transformed it into arguably the fastest-growing container port in North America, fostering both Canadian and U.S. trade with Asia.
The outlook has improved significantly on the St. Lawrence Seaway system of locks and channels that allows ocean carriers to penetrate deep into the industrial heartland of Canada and the United States. Last year was the worst in many years, with total shipments falling by 3.4% to 35 million metric tons. But there was evidence of recovery in the last few months of 2016.
The mounting toll of right whale deaths this summer on the East Coast plus the decline of the endangered killer whales, or orcas, on the West Coast have spurred various maritime industry and government initiatives in Canada and the United States. The impacts of commercial shipping and fishing are under the microscope.
With Canada’s economy growing, the nation’s ports are expanding to keep pace.
The largest Canadian port has strongly rejected the conclusions of a just-released think tank report recommending that Canada’s four leading ports should be privatized so that several billion dollars in additional funding could be allocated to such other national infrastructure projects as public transit and new highways.
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