by Leo Quigley Oct 21, 2016
U.S. and Canada: Loggerheads in the woods
It appears as though Canada and the U.S. are preparing for a trade war over softwood lumber exports. The U.S. and Canada have been long at loggerheads on the Canadian softwood exports to the U.S. and now that the one-year “standstill period” tacked onto the 2006 Canada-U.S. Softwood Lumber Agreement has expired, the chances for negotiating a timely agreement are dwindling.
Beijing warming to Northwest Passage
On April 5th China’s Maritime Safety Administration released a 356 page “Guidance on Arctic Navigation in the Northwest Route 2015 to the Northwest Passage” – referring to the passage of which a large segment lies within Canada’s Arctic Archipelago
Whither Canada’s Arctic bonanza
Perhaps the mother lode of industrial projects lies in Canada’s northern reaches. At 550,000 sq mi Canada’s Arctic is a massive warehouse of undeveloped mineral deposits such as gold, silver, lead, zinc, diamonds, uranium, tungsten, natural gas, oil, fisheries, lumber, and fresh water. How to exploit Canada’s Arctic bonanza is a challenge, which for now few answers are forthcoming.
Hanjin Shipping Problems
The financial collapse of Hanjin Shipping has hit Seaspan Corporation with a double whammy.
Vancouver’s Terminal 2 takes another step forward
The Canadian Government has moved Port Metro Vancouver’s application to construct Terminal 2 at Roberts Bank, B.C., adjacent to Deltaport, from the “completeness review” to review by an environmental panel.
Canada’s wheat grading rules choking North-South trade
Wheat grading issues in Canada hamper U.S. wheat exports.
Pacific Northwest ports
Canadian Pacific Northwest Ports and US Pacific Northwest Ports
New Canadian West Coast breakbulk/project cargo port
A new breakbulk and project cargo port has opened in the Canadian North, located 183 km north of Prince Rupert. As with the Port of Prince Rupert, “Stewart World Port” has the advantage of being located closer to Asia than other west coast North American ports, representing a savings in steaming time of 1½ - 2 hours.
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