Leo Ryan

Leo Ryan

Big institutional investments in Quebec’s Ocean Group

Two large Quebec institutional entities in Canada’s French-speaking province have announced that they are taking a minority stake totaling C$112 million, invested in equal amounts, in Ocean Group, a maritime enterprise based in Quebec City specializing in harbor towing, dredging, marine equipment rental, shipbuilding and repair.

Oct 26, 2018View Full Blog

Krusel selected to develop Port of Québec container terminal project

Mario Girard, President and CEO of the Québec Port Authority (QPA), has announced that Don Krusel, architect of a spectacular transformation of the Port of Prince Rupert, has been appointed managing director of the Port of Québec’s project to build a container terminal.

Aug 28, 2018View Full Blog

Trois-Rivières launches big breakbulk terminal

Mid-way between Montreal and Quebec City on the St. Lawrence River, the Port of Trois-Rivières has inaugurated a breakbulk terminal operated by Logistec Corporation that entailed investments exceeding US$22 million (C$27 million). Ninety per cent of the port’s three million metric tons of cargo is related to international trade, with the breakbulk component steadily rising.

May 29, 2018View Full Blog

Maersk slates exclusive new service between Montreal and Mediterranean

Already a major player on container services between Montreal and Northern Europe, Maersk has announced an exclusive weekly service with the Mediterranean to cater to rising demands of importers and exporters on both sides of the Atlantic.

May 24, 2018View Full Blog

Canada’s CSL and SMT forge global cement shipping joint venture

Mounting world activity in infrastructure and other construction projects has prompted the second major Canadian bulk shipping enterprise in two years to establish a global cement shipping joint venture to broaden its revenue stream.

May 11, 2018View Full Blog

Yang Ming & The Alliance launch fourth weekly service for Prince Rupert

The Port of Prince Rupert, DP World Prince Rupert and CN have announced a new weekly marine carrier service at the Fairview Container Terminal. Yang Ming and its partners in THE Alliance, Hapag-Lloyd and Ocean Network Express, have added Prince Rupert as the first North American port of call on the amended PS8 trans-Pacific service this spring.

Apr 25, 2018View Full Blog

Desgagnés launches world’s first polar class, dual fuel product/chemical tanker

Quebec City-based Groupe Desgagnés has christened and launched in Montreal the M/T Mia Desgagnés, the world's first polar-class dual-fuel oil/chemical tanker. It entailed an investment of C$50 million, including some C$9 million for the dual fuel/LNG equipment. Desgagnés operates a fleet of some 21 vessels deployed on North American, Arctic and overseas trades.

Apr 20, 2018View Full Blog

Longer gate hours on horizon for truckers battling congestion at Port of Montreal

Responding to persistent congestion issues for truckers at Montreal’s marine terminals since early this year, leading stakeholders at Canada’s second biggest port have agreed to participate in a study into the cost of extending gate hours at the Port of Montreal.

Apr 06, 2018View Full Blog

Canadian government reviewing port system to enhance competitiveness

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.

Mar 13, 2018View Full Blog

Logistec expands footprint in U.S. Gulf market

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.

Mar 05, 2018View Full Blog