The Port of Montreal’s plans for growth are outlined in an interview with Sylvie Vachon, president and CEO of the Montreal Port Authority (MPA), and Tony Boemi, VP growth and development.
Wolfgang Schoch, managing director of Hapag-Lloyd (Canada) Inc., is not shy about extolling the strategic hub role the Port of Montreal plays in the transatlantic trade of the German shipping line.
Canada’s second largest pension fund and DP World have announced a C$5 billion (US$3.8 billion) joint venture that will invest in ports and terminals around the world, including Asia and Latin America.
A new terminal in the Viau sector of the Port of Montreal inaugurated today, Friday Nov 18, boosts the port’s handling capacity by 350,000 TEUs as Canada’s second largest port after Vancouver positions itself for increased global trade with North Atlantic shipping a key target.
Significant developments are taking place these days at New Brunswick’s Port of Saint John on the Bay of Fundy.
A veteran project forwarder, Jan Beringer has, through the years, developed much knowledge and expertise on the evolution of project cargo markets in Western Canada from his vantage point in Calgary. Reached by the American Journal of Transportation, the President and CEO of Rohde & Liesenfeld – Roliprojects is convinced that “we have seen the worst of the downturn, and 2017 will offer increasing investment and capital equipment movements.”
The key word for project cargo operators is “diversification”. Canada’s project sector is diversifying and new opportunities abound for those who can make the necessary adjustments.
Sparks flew over high pilotage costs on the Great Lakes at a Canadian ports conference held a Thunder Bay, on the tip of Lake Superior.
A major corporate leadership change has been announced at Fednav Limited, Canada’s largest ocean-going dry bulk shipowning and chartering group as well as operator of 12 terminals on the Great Lakes, St. Lawrence River and the East and Gulf coasts.
The St. Lawrence Seaway, the waterway that links the Atlantic Ocean to the industrial heartlands of Canada and the United States, is continuing to buck headwinds, with current shipping trends showing little improvement this year from 2015.
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