At a press conference staged at Deltaport, Canada’s largest container terminal located at the Port of Vancouver, federal Transport Minister Marc Garneau announced a formal review of Canada Port Authorities to optimize their role in the transportation system as strategic assets that support inclusive and sustainable growth and trade.
Logistec Corporation, the Montreal-based provider of marine and environmental services, has expanded its North American network of terminals through the strategic acquisition of Texas-based Gulf Stream Marine for US$65.7 million.
On the heels of a record performance in 2017, the Port of Montreal has moved an important step further to establish a sixth container terminal, located at Contrecoeur, where there is an existing bulk shipping facility 25 miles away on the south shore of the St. Lawrence River.
As early winter’s deepest freeze in many years hampered normal shipping operations on the St. Lawrence River, the Port of Montreal announced record performances in 2017 total and container cargo. The occasion was the special annual ceremony on Jan. 3 honouring the captain of the first ocean-going vessel to reach the port in the new year.
In a striking move, the Quebec Port Authority has announced plans to build a container terminal at the site of the Beauport 2020 project to significantly boost its role as a key gateway in the Great Lakes/St. Lawrence corridor.
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.
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 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.
In another of his controversial initiatives, President Trump has stirred angry disbelief among US and Canadian municipal and government officials in the Great Lakes/St. Lawrence region inhabited by over 17 million people.