Canadian ‘Underdog’ morphs into big league niche player
As largely anticipated, a legal challenge has been mounted by a broad coalition of U.S. Great Lakes ports, foreign-flag carriers and maritime trade associations in Canada and the United States against the U.S. Coast Guard’s recent decision to dramatically increase Great Lakes. pilotage rates.
Canadian and European joint cement carrier venture is counting on the global rise in infrastructure projects.
After marking time for several years, an ambitious project to build a mega deep-sea container port at a greenfield site in Sydney on Cape Breton in Nova Scotia appears to be gaining traction though key pieces of the puzzle still need to fall into place. And it has a new name: Novaporte together with an adjacent logistics park called Novazone. Both are conceived to operate within a Foreign Trade Zone.
Following a period of decline in container business, the Port of Halifax appears to be back on track thanks to new investments and a series of new services since last year.
With the possibility of a free trade agreement with Europe on the horizon, the Port of Montreal is preparing for future growth.
A broad coalition of stakeholders has escalated its attacks against the U.S. Coast Guard, qualifying as “an aberrational exercise” the latter’s recent decision to impose a sharp increase in Great Lakes pilotage rates effective April 6, shortly after the 2016 commercial navigation season on the Great Lakes/St. Lawrence waterway opens on March 21.
Air Canada is striving to become a bigger player in the hotly-competitive global air cargo arena.
Najim Shaikh, vice-president commercial import for MSC, sees Canada as a steady, reliable growth market for containerized cargo in the years ahead at key ports benefiting from substantial infrastructure and capacity investments as well as waterfront stability through labour agreements extending to 2018 in the cases of Montreal, Vancouver and Prince Rupert and until 2022 in Saint John.
These are trying times for project forwarders notably focused on major undertakings in an oil sector in western Canada battered by plunging world prices. But wind energy projects are still generating shipments of wind farm components throughout Canada and through ports on the Great Lakes.
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